Nickel Mines (ASX:NIC) share price wobbles despite EV battery deal
Nickel Mines (ASX:NIC) share price wobbles despite EV battery deal
The Nickel Mines Ltd (ASX: NIC) share price is wobbling today after the company announced it will diversify into producing nickel matte for lithium batteries.
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Nickel Mines Ltd(ASX: NIC) share price has been fluctuating today after the company announced it will diversify into nickel matte production for lithium batteries.
The Nickel Mines share price is down 0.4% to $1.13 at time of writing.
Nickel Mines is engaged in acquiring, exploring, and developing nickel projects. The company owns an interest in hengjaya mines in China, with its partner
Nickel Mines (ASX:NIC) raises another $64M for Angel Nickel purchase
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Nickel Mines (NIC) has raised an additional $64 million in capital through a retail entitlement offer
The business raised $275 million earlier this month via the institutional component of the same entitlement offer
It s since received $64 million worth of subscriptions under the retail offer, representing a take-up of 72 per cent
The remaining $25.3 million in untouched shares will be split between eligible shareholders who oversubscribed and sub-underwriters of the offer
Nickel Mines had planned to raise $364 million in capital to fund the partial acquisition of the Angel Nickel Project
Nickel Mines raises $364m to acquire the Angel Nickel Project lawyersweekly.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lawyersweekly.com.au Daily Mail and Mail on Sunday newspapers.