Western Australian nickel hopeful Nickelore Ltd has revised the terms of its rights issue, offering shareholders one new share for every existing share held at an issue price of 25 cents, down from its previous offer in December of 30 cents per share.
Emerging Perth-based nickel producer Halcyon Group Ltd has announced a non-renounceable rights issue to raise funds for working capital and development of its Canegrass Nickel Cobalt project in the North-Eastern goldfields.
West Perth-based Halcyon Group Ltd will change its name to Nickelore Ltd and consolidate its capital as part of a move into nickel mining and processing, the company has announced.
West Perth-based minerals explorer Halcyon Group Ltd has taken a stake in West Perth-based exploration company Dragon Mountain Gold Ltd, but will remain focused on nickel, the company has announced.
Halcyon Group Ltd 21-Oct-05 Recently announced private placement has been completed, following receipt of gross proceeds of approximately $241,300, and the issue of 18,561,541 fully paid shares.
