middle.news

Alliance Nickel Raises $2.4 Million with Partial Underwriting Support

8:40am on Tuesday 5th of May, 2026 AEST Mining
Read Story

Alliance Nickel Raises $2.4 Million with Partial Underwriting Support

8:40am on Tuesday 5th of May, 2026 AEST
Key Points
  • Entitlement offer raised $2.4 million from 63% shareholder participation
  • Director Jamie Sullivan partially underwrote and subscribed to shortfall shares
  • Remaining shortfall of nearly 50 million shares yet to be placed
  • New shares and underwritten shortfall shares expected to issue on 5 May
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Alliance Nickel (ASX:AXN)
OPEN ARTICLE