Shares in Perth-based gold and nickel explorer Nickelore doubled in price today after the company announced it would acquire a Brazilian renewable energy provider.
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.