$10M Placement to Accelerate High-Grade Exploration Opportunities at Black Swan
KEY POINTS
- Commitments received to place 166.67million new shares at 6 cents per share to raise $10 million
- Placement managed by Morgans with strong demand shown by existing and new institutional investors and retail investors
- Funds will be used to accelerate exploration activities at Black Swan to drill out the Golden Swan discovery and explore for more high-grade massive sulphide nickel in the Southern Terrace
- Golden Swan drill drive commenced to provide a platform for Resource definition
- Post raising Poseidon will have approximately $22 million in cash to aggressively explore and potentially develop the new high grade nickel sulphide discovery
$10M Placement to Accelerate High-Grade Exploration...
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Last
0.7¢ |
Change
-0.001(7.14%) |
Mkt cap ! $24.13M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.6¢ | $11.42K | 1.716M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 75 | 57785290 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 24601395 | 58 |
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| Last trade - 14.25pm 06/05/2024 (20 minute delay) ? |
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Last
0.6¢ |
Change
-0.001 ( 3.23 %) |
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| Open | High | Low | Volume | ||
| 0.7¢ | 0.7¢ | 0.6¢ | 549378 | ||
| Last updated 14.11pm 06/05/2024 ? | |||||
| POS (ASX) Chart |