Navarre Minerals – CAPITAL RAISE CLOSES EARLY FOLLOWING MAXIMUM RAISING AMOUNT ACHEIVED

Navarre Minerals Limited (ASX: NML) (Navarre or the Company) is pleased to announce that the capital raise conducted by way of the transaction specific prospectus as announced and lodged with ASIC on 27 September 2024 has closed the Public Offer early which aligns to the Priority Offer closing date.
The Offers opened on 3 October 2024 and closed both the Priority and Public Offers on 24 October 2024 having successfully raised the maximum $6 million from existing and new investors. The early closure of the Public Offer is due to the strong level of demand (originally scheduled to close 31 October 2024). The total bids for the Offer amounted to approximately $9 million.