16
Apr
05:10
Widgie Nickel raises funds to advance nickel assets
Australian miner Widgie nickel is raising up to AUD 4 million ($2.57m) to advance its Mt Edwards nickel and lithium assets in Western Australia, Kallanish notes.
The firm says in a statement that it is undertaking a one for 2.9795 pro-rata non-renounceable rights issue, priced at AUD 0.04 per fully paid ordinary share, to raise the fund.
The indicated price is set at a 21.6% discount to the closing share price on 15 April 2024 and a 25.2% discoun…
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Very good overview of the weekly steel market.
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