northern mining ltd (WTW:Berlin)
Transactions by NORTHERN MINING LTD (WTW) in the last 6 months
Northern Mining Ltd (ASX:NMI) announced a private placement of 65,473,982 shares at AUD 0.012 per share for gross proceeds of AUD 785,687.784 on November 18, 2013. The transaction involved participation from professional and sophisticated investors from Singapore, involving Chia Soon Loi for 40,000,000 shares and Gerald Woon Tai Hwee for 25,473,982 shares. The company may pay dividends to ordinary shareholders as the directors resolve.
Northern Mining Ltd (ASX:NMI) announced a private placement of 87,294,881 common shares at AUD 0.006 per share with Provenance Finance Limited BVI for a gross proceeds of AUD 523,769 on August 9, 2013. As part of the round, Tony Ong Tiong Seng, Danette Cheung, and Andrew Nai of Provenance Finance Limited BVI will join company's board of directors. The investor acquired 20% stake in the transaction. The company incurred legal cost.
Kalgoorlie Ore Treatment Company Pty Ltd. entered into a non binding term sheet agreement to acquire Hake and Boorara North Tenements from Balagundi Gold Pty Ltd. and Northern Mining Ltd (ASX:NMI) for AUD 0.14 million in stock on July 12, 2013. MacPhersons Resources, parent of Kalgoorlie Ore Treatment Company issued 0.71 million shares to Northern Mining and 0.19 million shares to Balagundi Gold as consideration.
Northern Mining Ltd
Southern Gold Limited (ASX:SAU) entered into a share sale agreement to acquire 9.61% stake in Northern Mining Ltd (ASX:NMI) for AUD 0.18 million in stock on July 19, 2013. Under the terms of the deal, Southern Gold agreed to acquire 33.6 million ordinary shares in the capital of Northern in consideration for which Southern Gold will issue 12.3 million fully paid ordinary shares in the capital of Southern Gold. The Southern Gold shares will be issued within Southern Gold’s ...
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