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Nickel Mines (ASX:NIC) raises another $64M for Angel Nickel purchase


Nickel Mines (ASX:NIC) raises another $64M for Angel Nickel purchase
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Nickel Mines (NIC) has raised an additional $64 million in capital through a retail entitlement offer
The business raised $275 million earlier this month via the institutional component of the same entitlement offer
It s since received $64 million worth of subscriptions under the retail offer, representing a take-up of 72 per cent
The remaining $25.3 million in untouched shares will be split between eligible shareholders who oversubscribed and sub-underwriters of the offer
Nickel Mines had planned to raise $364 million in capital to fund the partial acquisition of the Angel Nickel Project ....

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