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10 May
03:28

NickelSearch raises funds for nickel, lithium exploration

Australian miner NickelSearch has launched a fully underwritten AUD 2.4 million ($1.63m) rights issue to fund nickel and lithium exploration, Kallanish notes. The firm is undertaking the fully underwritten non-renounceable pro-rata entitlement offer on the basis of one new fully paid ordinary share for every three shares held on 11 May at an issue price of AUD 0.07 per new share. This will come together with one free attaching unquoted option for every one new s…
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