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Nimy Resources Limited ( (AU:NIM) ) has issued an announcement.
Nimy Resources Limited has announced a Share Purchase Plan (SPP) to raise up to $2.5 million by offering shares to existing eligible shareholders in Australia and New Zealand. This move is part of the company’s strategy to strengthen its financial position and support its ongoing exploration and development projects, potentially impacting its market standing and investor confidence.
More about Nimy Resources Limited
Nimy Resources Limited operates in the resources sector, focusing on exploration and development activities. The company is primarily involved in the mining industry, with a market focus on expanding its resource base and enhancing shareholder value.
Average Trading Volume: 807,907
Technical Sentiment Signal: Sell
Learn more about NIM stock on TipRanks’ Stock Analysis page.