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Conico Raises $2.1M to Unlock High-Grade Scandium and Nickel Zones
2:21pm on Friday 31st of October, 2025 AEDT
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Mining
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Conico Raises $2.1M to Unlock High-Grade Scandium and Nickel Zones
2:21pm on Friday 31st of October, 2025 AEDT
Key Points
Underwritten entitlement offer to raise approximately $2.1 million
Funds targeted for Mt Thirsty drill program and Greenland project advancement
Shareholder meeting set to approve converting loans and fee settlements in shares
Quarterly cash flow shows $179k operating outflow and $858k cash balance
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Conico (ASX:CNJ)
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