Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn
About

Company News Summary

Nickel Mines Announces Successful Completion of Retail Entitlement Offer

11 Jun 2020  |  08:56:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Successful Completion of Retail Entitlement Offer

Nickel Mines announced the successful completion of the retail component (Retail Entitlement Offer) of its fully underwritten 1 for 3.6 accelerated pro-rata non-renounceable entitlement offer (Entitlement Offer) that was announced on 19 May 2020. The institutional component of the Entitlement Offer closed on 20 May 2020 and raised A$179m at A$0.50 per New Share. The Retail Entitlement Offer closed on 9 June 2020 and raised A$32m, implying a take-up rate by eligible retail shareholders of 60%.

Please click here for full details

See more ASX300 News Announcements