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ASX:POSOTC:PSDNFFRA:NYG1
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Poseidon Nickel to accelerate Black Swan development with $22 million raise

Poseidon Nickel Ltd (ASX:POS, OTC:PSDNF, FRA:NYG1)'s Peter Harold speaks to Proactive soon after announcing they've received commitments to raise $22 million via a share placement to drive progress towards an operations restart at its Black Swan project in Western Australia. The company's also offering retail investors the chance to increase their holding via a $3 million share purchase plan.

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Price: 0.1 AUD

Market Cap: $306.4 m

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Poseidon Nickel outlines 'fill the mill' restart strategy for Black Swan

Poseidon Nickel Ltd (ASX:POS, OTC:PSDNF, FRA:NYG1)'s Peter Harold discusses with Proactive plans to restart operations at its Black Swan Project in Western Australia, which includes refurbishing the 1.1 million tonnes per annum processing circuit to maximise nickel concentrate production....

1 week, 5 days ago

2 min read