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Nordic Nickel Limited ( (AU:NNL) ) has issued an update.
Nordic Resources Limited has successfully raised A$1.75 million through a strategic institutional placement with two Australian resource specialist funds. The funds will be used to enhance exploration and development activities at its Finnish gold projects, particularly the Kopsa project, and to accelerate pre-production and engineering studies. This financial boost positions Nordic Resources to potentially increase its gold production capabilities and strengthen its presence in the Middle Ostrobothnia Gold Belt.
More about Nordic Nickel Limited
Nordic Resources Limited is a company in the resource sector, focusing on gold exploration and production. It operates primarily in Finland, where it manages several gold projects, including Kopsa, Kiimala, and Hirsikangas. The company is dedicated to expanding its exploration activities and advancing its regional gold production strategy.
Average Trading Volume: 626,473
Technical Sentiment Signal: Buy
Find detailed analytics on NNL stock on TipRanks’ Stock Analysis page.