Niuminco Group Limited
Suite 50, 14 Narabang Way, Austlink Corporate Centre, Belrose NSW 2085 Australia Tel: (02) 9450 0828 Fax: (02)9450 0877 Email: info@niuminco.com.au
ABN 44 009 163 919
20th January 2017
Companies Announcements Office Australian Securities Exchange Exchange Square, 20 Bridge Street SYDNEY NSW 2000
NIUMINCO COMPLETES $600,000 SHARE PLACEMENTNiuminco Group Limited ("Niuminco" or "Company") (ASX:NIU) is pleased to announce that it has completed the issue of 150,000,000 shares at $0.004 per share to raise $600,000.
Patersons Securities Limited acted as lead manager to the Placement.
The shares will be issued under the Company's capacity under Listing Rules 7.1 and 7.1A and the Company now has an issued capital of 1,831,060,440 ordinary fully paid shares following this Placement.
The funds will be applied to advance further development of its flagship Edie Creek Gold Mine and to strengthen the balance sheet ahead of completing the drilling the program at Edie Creek Gold Mine and the upcoming drilling campaign at Bolobip.
Yours faithfully
NIUMINCO GROUP LIMITED
Mark Ohlsson Company Secretary
Niuminco Group Limited published this content on 20 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 January 2017 23:17:00 UTC.
Original documenthttp://www.niuminco.com.au/docs/NIU completes $600k placement.pdf
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