Northern Minerals & Exploration LTD.
Northern Minerals & Exploration LTD. is a real estate fund based in Salt Lake City, Utah. According to its most recent Form D, filed Apr 29, 2019, it has sold $388,950 of interests to 12 investors since its first sale in Jan 2018. The minimum investment it accepts from an outside investor is $5,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Noel Schaefer; Ivan Webb.
- Total raised
- $388,950Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Jan 1, 2018
- Minimum investment
- $5,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Noel Schaefer; Ivan Webb
- Latest Form D
- Apr 29, 2019
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Raise history
| Filed | Filing | Total raised | Investors | Source |
|---|---|---|---|---|
| Apr 29, 2019 | Form D | $388,950 | 12 | SEC.gov ↗ |
| Nov 18, 2014 | Form D | $55,000 | 4 | SEC.gov ↗ |
2 Form D filings in the SEC's electronic records (2008 onward), the earliest on Nov 18, 2014. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.
Questions about Northern Minerals & Exploration LTD.
What is the minimum investment for Northern Minerals & Exploration LTD.?
According to its latest Form D, filed Apr 29, 2019, the minimum investment Northern Minerals & Exploration LTD. accepts from an outside investor is $5,000.
Who can invest in Northern Minerals & Exploration LTD.?
Northern Minerals & Exploration LTD. is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Northern Minerals & Exploration LTD. raised?
Northern Minerals & Exploration LTD. reports $388,950 sold from 12 investors on its Form D filed Apr 29, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Northern Minerals & Exploration LTD. based?
Northern Minerals & Exploration LTD. is based in Salt Lake City, Utah.
When did Northern Minerals & Exploration LTD. launch?
Northern Minerals & Exploration LTD. reports its first sale in Jan 2018.
Size compared with every real estate fund
Raised more than 39% of the 239 real estate funds based in Utah, and more than 22% of all 7,351 that report sales.