Poseidon Nickel, Anteris, Alligator Energy join the raisers
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Fund managers were hit with a flood of microcap equity raisings on Thursday morning, as companies moved to make the most of buoyant markets.
The raisings included Andrew Forrest-backed exploration company Poseidon Nickel, Queensland-based biotech Anteris Technologies and uranium play Alligator Energy.
Street Talk. Â
Louie Douvis
Morgans was in the market for Poseidon, seeking to raise $20 million in a placement at 11¢ a share.
Evolution Capital Advisors launched an $8 million deal for Anteris Technologies, in a placement at $8 a share or a 6.9 per cent discount to the last close.
And Bell Potter and Taylor Collison were rounding up investors for Alligator Energy.
2021-07-28 by Proactive Australia
Poseidon Nickel Ltd (ASX:POS, OTC:PSDNF, FRA:NYG1) has delivered another round of positive drilling results within the Golden Swan trend at the highly promising Black Swan Project in Western Australia.
Further nickel sulphide intersections within the Golden Swan trend achieved include:
A 4.2-metre nickel sulphide interval comprising 0.8 metres of massive sulphides and 3.4 metres of matrix and stringer sulphides
A 5.1-metre sulphide interval comprising 3 metres of massive and matrix sulphides followed by 2.1 metres of stringer and coarse blebby sulphides
The latest Golden Swan assay results received include:
1.65 metres at 2.27% nickel and 0.45% copper; and
2.75 metres at 1.18% nickel, 4.75 metres at 1.18% and 8 metres at 1.35%.
Poseidon Nickel tables one of best results to date returning up to 2.1 metres at 13.79% nickel at Golden Swan
The resource definition drilling program started in late April 2021 and is designed to increase confidence in the continuity of the Golden Swan mineralisation. As understanding of the mineralised Golden Swan zone increases, drilling is focused on infilling the mineralised zone to indicated resource levels.
Poseidon Nickel (ASX:POS) (OTCMKTS:PSDNF) (FRA:NYG) has tabled one of its best intersections to date with results from the Golden Swan trend returning up to 2.1 metres at 13.79% nickel.
Within this intersection from 243.6 metres, which also included 0.66% copper, were 1.3 metres at 12.07% nickel and 1.02% copper and 0.8-metre at 16.5% nickel and 0.13% copper while the hole also returned 14 metres at 1.16% nickel from 279 metres.
RNS Number: 0144 B Panther Metals PLC 07 June 2021 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO.
Okapi Resources Limited (ASX:OKR) is pleased to advise that results from a soil sampling survey conducted over the Mount Day Project in Western Australia has confirmed earlier data with gold-in-soil anomaly extending over approximately 1.5km strike.