A proposed securities offering by NickelX Limited (ASX: NKL) includes 10 million unlisted options with an exercise price of AU$0.03 and 100 million fully paid ordinary shares at AU$0.02 per share, both of which expire three years from the date of issuance. The date of the proposed issue is July 24, 2024.
This placement, overseen by CPS Capital Group Pty Ltd, aims to generate money for working capital, exploration efforts at the Elliot Lake Uranium Project, and other strategic goals. It will have two tranches; shareholder approval for the second tranche and related party involvement is required on August 28, 2024.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
