08
Aug
04:43
Poseidon Nickel raises funds to accelerate exploration
Australian miner Poseidon Nickel is undertaking a pro rata non-renounceable rights issue to raise up to AUD 3.7 million ($2.42m) to accelerate exploration activities, Kallanish notes.
The firm says in a statement that the offer price for each new share under the entitlement offer will be AUD 0.003.
The entitlement offer will also include one free attaching new option for every three new shares subscribed for and issued. The new options will have an exercise pric…
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Very good overview of the weekly steel market.
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