Nickelx Ltd (AU:NKL) has released an update.
NickelX Ltd has successfully completed the first phase of its planned $2.0 million capital raise, securing approximately $289,000 by issuing over 14 million shares at $0.02 each to select investors. The funds raised will bolster the company’s focus on uranium and gold exploration projects, with a strategic review underway to enhance shareholder value. The completion of the remaining capital raise is pending shareholder approval at an upcoming meeting.
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