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post Posted: Apr 6 2021, 10:19 AM
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NickelX Limited (NKL) is raising $5 million at 20c a share and is looking to list on the ASX in April 2020. The offer is not underwritten; offer is looking to close on 09 Apr.

NickelX has recently entered into acquisition agreements pursuant to which it will, subject to a number of conditions, acquire the Biranup Project and the Ponton Project, which comprise seven prospective Tenements (six granted and one pending application) that the Company considers to be prospective for nickel and gold mineralisation.

The Projects are located in the Albany-Fraser Orogen (AFO), Western Australia and cover a total of 382 Kmē.

"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

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