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Nico Resources Secures $1.1M to Propel Wingellina Nickel-Cobalt Project
9:09am on Tuesday 3rd of June, 2025 AEST
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Mining
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Nico Resources Secures $1.1M to Propel Wingellina Nickel-Cobalt Project
9:09am on Tuesday 3rd of June, 2025 AEST
Key Points
Raised $1.1 million via placement of 13.75 million shares at $0.08 each
Placement price set at an 11.4% premium to 20-day VWAP
Funds earmarked for Wingellina project exploration and development
Placement executed under ASX Listing Rule 7.1 capacity
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