March 18 (Reuters) - Northern Minerals Ltd NTU.AX :
* ENTERED MULTIPLE SUBSCRIPTION AGREEMENTS FOR PLACEMENT OF SHARES IN CO AT AN ISSUE PRICE OF A$0.05 PER SHARE TO RAISE A$20 MILLION
* BOARD MAY ALSO HAVE AN ENTITLEMENT OFFER ON A 1-FOR-15 BASIS AT A PRICE OF A$0.05 PER SHARE