16
Apr
05:11
Widgie Nickel raises funds to advance Mt Edwards 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 it is undertaking 1 for 2.9795 pro-rata non-renounceable rights issue, priced at AUD 0.04 per fully paid ordinary share in the capital of the company, to raise the fund.
The indicated price was set at a 21.6% discount to the closing share price on 15 April …
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