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Northern suffers on East Kimberley acquisition

JUNIOR explorer Northern Mining had a rocky day on the market yesterday, with its shares dropping 18.6% at close of trading after the company announced it had signed a sale and purchase agreement with Quaalup Investments to acquire exploration tenements in the uranium- and heavy minerals-prospective East Kimberley.

MiningNews.Net
Northern suffers on East Kimberley acquisition

Shares in the company, which resumed trading after a two-day halt, closed at 17.5c. "We had a trading halt for two days and we were rushed into making the announcement to avoid suspension. So we put...

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