Poseidon Nickel Limited’s Post

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#ASXNews COMPLETION OF ENTITLEMENT OFFER Poseidon Nickel Limited announced a pro-rata non renounceable entitlement offer on 1 August 2024. The offer was of one new fully paid ordinary share for every three shares held by eligible shareholders at an issue price of $0.003 per New Share, plus one free-attaching option to acquire a share for every three New Shares applied for. Entitlement Offer closed on 27 August 2024. The Entitlement Offer has raised a total of approximately $1.4 million before costs, including New Shares applied for under the Shortfall Offer, representing a total take-up rate of approximately 38%. The Company received valid applications under the Entitlement Offer for approximately 468,440,716 New Shares. See the full announcement: https://bit.ly/3zfhNxI #PoseidonNickel #MiningNews #ASX

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