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07 Feb
Australian nickel producer Mallee Resources has raised AUD 4.5 million ($3.39m) by the placement of 10.8m shares at AUD 0.42 per share to sophisticated and institutional investors, Kallanish notes.    The placement provides the company with additional working capital and together with sales revenues and existing cash resources also funds operational and capital expenditure related to the Avebury nickel mine.  “Avebury is operational and gene…
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