Nimy Resources Limited (AU:NIM) has released an update.
Nimy Resources Limited has successfully secured A$1.21 million in funding to propel its exploration and drilling initiatives for copper, nickel, cobalt, and PGE at the Mons Project in Western Australia. The capital, raised through the issuance of over 24 million shares at a discounted rate, will also finance electromagnetic and induced polarization surveys, with the company’s directors contributing A$160,000 subject to shareholder approval. This financial injection underscores investor confidence in Nimy’s strategic advancement into its next phase of resource exploration.
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