• Treasurer makes interim directions preventing transfer or voting of Hong Kong Ying Tak's shareholdings in Northern Minerals
• Directions relate to potential breaches of Foreign Acquisitions and Takeovers Act
• Northern Minerals to cooperate fully with FIRB and other regulators

Northern Minerals Limited (ASX: NTU) has received correspondence from the Foreign Investment Review Board (FIRB) relating to the transfer of a total of 361,538,264 shares in the company from Black Stone, Mr Xi Wang and Ms Ximei Liu to Hong Kong Ying Tak Limited. The Treasurer has advised that he has reason to believe these transfers contravened a previous Disposal Order made in 2024, which required certain shareholders to divest their interests in Northern Minerals. Accordingly, the Treasurer has exercised his power under the Foreign Acquisitions and Takeovers Act 1975 to make interim directions to Hong Kong Ying Tak Limited and Northern Minerals. These directions prevent Northern Minerals from recognizing the exercise of any voting powers in relation to the relevant shareholdings at the company's next annual general meeting or any other general meeting held before the next AGM. The directions also prevent Northern Minerals from registering any transfer of the relevant shareholdings before the holding of its next AGM. Northern Minerals has stated that it is committed to complying with all rules and regulations, including those pertaining to its ASX listing and shareholding transparency, and will continue to cooperate fully with FIRB and other regulators.