Nickel Mines (ASX:NIC) completion of retail entitlement offer

11Jun

Nickel Mines (ASX:NIC) completion of retail entitlement offer

 

Nickel Mines (ASX:NIC) raised approximately $179 million at $0.50 per New Share in their institutional component of the Entitlement Offer.

The Retail Entitlement Offer closed at 5:00pm on Tuesday, 9 June 2020 and raised approximately $32 million, implying a take-up rate by eligible retail shareholders of approximately 60 per cent.

Eligible retail shareholders applied for a further $7 million of Additional New Shares in excess of their entitlement.

Shares in Nickel Mines (ASX:NIC) are trading 3.1 per cent higher at 58 cents.
 
Copyright 2020 – Finance News Network


Source: Finance News Network

Share this post

Related Posts

14Apr

Microprocessor volume production catapults Brainchip (ASX:BRN) shares

14 Apr 2021 - Brainchip (ASX:BRN)’s announcement of the commencement of microprocessor volume production has catapulted shares in the artificial intelligence (AI) innovator.

Read More
20Mar

The nib Group (ASX:NHF) sees changes to executive team

20 Nov 2020 - The nib Group (ASX:NHF) today announced the appointment of Nick Freeman as Group Chief Financial Officer (CFO) as well as some staff departures.

Read More
08Jun

Stocks of the Hour: Iceni Gold, Avita Medical, Antisense Therapeutics

08 Jun 2023 - A snapshot of the stocks on the move featuring Iceni Gold (ASX:ICL), Avita Medical (ASX:AVH) and Antisense Therapeutics (ASX:ANP).

Read More
21Mar

Stocks of the Hour: Qube, Magellan Financial & Eagers Automotive

21 Mar 2022 - A snapshot of the stocks on the move featuring Qube (ASX:QUB), Magellan Financial (ASX:MFG) & Eagers Automotive (ASX:APE).

Read More
15Apr

Stocks of the Hour: Piedmont Lithium, Findi, Empire Energy Group

15 Apr 2024 - A snapshot of the stocks on the move, featuring Piedmont Lithium (ASX:PLL), Findi (ASX:FND) and Empire Energy Group (ASX:EEG).

Read More
24Jun

Sonic Healthcare (ASX:SHL) reinstates guidance

24 Jun 2020 - Back in March Sonic Healthcare (ASX:SHL) withdrew its earnings guidance for FY 2020 due to the level of uncertainty resulting from the Covid-19 pandemic.

Read More
19Feb

Wesfarmers (ASX:WES) to sell 4.9% of Coles Group

19 Feb 2020 - Wesfarmers (ASX:WES) will sell 4.9 per cent of its stake in the Coles Group.

Read More
20Jan

Ansell (ASX:ANN) see continued elevated demand for products due to Covid

20 Jan 2021 - Protection safety solutions company Ansell (ASX:ANN) reports that because of Covid - they continue to see elevated demand for a number of its products particularly in the Chemical Protective Clothing department.

Read More
05Sep

Stocks of the Hour: Great Boulder Resources, Kingwest Resources, Tamboran Resources

05 Sep 2022 - A snapshot of the stocks on the move featuring Great Boulder Resources (ASX:GBR), Kingwest Resources (ASX:KWR) and Tamboran Resources (ASX:TBN).

Read More
22Mar

Stocks of the Hour: Tamboran Resources, Hartshead Resources, Akora Resources

22 Mar 2023 - A snapshot of the stocks on the move featuring Tamboran (ASX:TBN), Hartshead Resources (ASX:HHR) and Akora Resources (ASX:AKO).

Read More