Miner Mirabela Nickel will again tap the market for funds, less than five months after it raised $117 million.
Miner Mirabela Nickel will again tap the market for funds, less than five months after it raised $117 million.
The company today placed its shares in a trading halt over a proposed capital raising, and expects the halt to last one day.
In July, the company conducted two placements, one in Australia and Canada, to raise a combined $101 million, and completed a private placement to raise an additional $16.5 million.
Funds from that raising went to cost overruns at the Santa Rita nickel operation in Brazil.