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Alliance Nickel Launches A$4.15M Entitlement Offer to Boost NiWest Project

8:46am on Thursday 2nd of April, 2026 AEDT Mining
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Alliance Nickel Launches A$4.15M Entitlement Offer to Boost NiWest Project

8:46am on Thursday 2nd of April, 2026 AEDT
Key Points
  • 1-for-6.42 entitlement offer at $0.035 per share to raise A$4.15 million
  • Major shareholder Zeta Resources and directors to subscribe for about A$2 million
  • Funds targeted at capital cost optimisation of NiWest Nickel-Cobalt Project
  • Offer is non-renounceable and not underwritten except for director underwriting flexibility
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