Past year: ▼ 76%(4.58c – 19.5c USD)
Each one in plain English, with the numbers worked through for a shareholder.
5 June 2026capital raising announcement▲ Good
Northern Minerals signed a small follow-on deal in Oklahoma, agreeing to buy a modest 5.4-net-acre leasehold interest from R.A. Miller Energy tied to a proposed new well in Garvin County for about $21,700 in cash and stock.
11 Apr 2019capital raising announcement▼ BadMajor
The company tried the Winnemucca Mountain property a third time - a 2018 option agreement with the same AHL Holdings/Golden Sands optionors again lapsed after a missed payment, and it signed yet another new option agreement in March 2019, continuing a years-long pattern of taking on and then defaulting on this same asset.
1 Sept 2017capital raising announcement▼ BadMajor
Northern Minerals defaulted on and lost its right to earn into Winnemucca Mountain, though it was in talks to settle and possibly sign a new deal, and let both Callahan County leases expire without penalty. It raised $100,000 in a private placement for liabilities and late filings, and kept a 25% interest in the Concho Richey #1 well, the Olson lease and the Guy Ranch lease.
3 Nov 2014capital raising announcement▼ BadMajor
The Winnemucca Mountain option was restated again, pushing cash payments and exploration milestones out to 2018 and share issuances to 2016. The filing also reported unit private placements of about $110,000 at $0.05-$0.08 per unit, plus 1,250,000 shares issued to Golden Sands.
12 Sept 2012capital raising announcement● Neutral
A private placement raised about $200,000, issuing 168,068 shares at $1.19/share to one US investor.
What it means for a shareholder
168,068 new shares at US$1.19 to raise about US$200,000. That's 0.335% dilution: every existing holder's slice gets 0.335% smaller. If you held US$1,000 of shares (840 at the issue price), your slice goes from 0.00168% to 0.00168% of the company. To keep it you'd need 3 more shares - about US$4 at the issue price.
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