13
Feb
01:35
Sultan Resources raises funds for Kulin Hill nickel
Australian miner Sultan Resources is raising up to AUD 691,553 ($451,411) for preparation for drilling at the Kulin Hill nickel prospect in Western Australia, Kallanish notes.
Sultan Resources says in a statement that it is undertaking a pro-rata non-renounceable entitlement issue of one share for three existing shares held by eligible shareholders at an issue price of AUD 0.014 per new share to raise the fund.
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