[Ferro-Alloys.com] 

Western Mines secures A$6m at-call facility for nickel project

Minerals exploration and development company Western Mines has secured a new funding facility to advance drilling at the Mulga Tank nickel/copper/cobalt/platinum group elements (PGE) project in Western Australia’s Eastern Goldfields.

The ASX-listed company has entered into an at-the-market (ATM) facility with Alpha Investment Partners, which will provide A$6-million of standby equity capital over the next 48 months.

Western Mines says the ATM facility adds to a range of funding opportunities and flexibility in the capital raising options available to continue advancing the Mulga Tank project. 

Source: MINING.COM

• [Editor:邢亚敏]