Federal Treasurer's Interim Directions
| Stock | Northern Minerals Ltd (NTU.ASX) |
|---|---|
| Release Time | 14 Jul 2026, 9:40 a.m. |
| Price Sensitive | Yes |
Interim Directions Issued by Federal Treasurer
- Federal Treasurer issues interim directions preventing voting by certain shareholders
- Directions apply to Hong Kong Ying Tak Limited, Real International Resources Limited, and Qogir Trading & Service Co., Limited
- Northern Minerals to not recognize voting or other rights for these shares
Northern Minerals Limited has announced that the Federal Treasurer has issued interim directions under the Foreign Acquisitions and Takeovers Act 1975, preventing certain shareholders from voting or exercising rights on their shares. The directions apply to Hong Kong Ying Tak Limited, Real International Resources Limited, and Qogir Trading & Service Co., Limited. These shareholders have failed to divest their interests in Northern Minerals by the required date. The interim directions mandate that these shareholders cannot vote on any matters at Northern Minerals' AGM or general meetings and cannot exercise other rights or powers related to their shares, except for actions strictly necessary to comply with the disposal orders or related legal proceedings. Northern Minerals is also directed not to recognize any voting or other rights exercised by these shareholders.