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21 Oct
05:06

Pacific Nickel raises funds for Kolosori project

Australian miner Pacific Nickel Mine has raised AUD 5.28 million ($3.31m) through a placement to advance development of Kolosori nickel project in the Solomon Islands, Kallanish notes. The firm has successfully arranged a placement of 75.36 million fully paid ordinary shares at AUD 0.07. The placement was supported by existing shareholders, and a number of new shareholders, both institutional and sophisticated investors from Australia, United Kingdom and Europe.…
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