Mons Project, WA Nimy Resources Secures $2.5M Cornerstone Investment to Conduct Nickel and Lithium Drill Programs Highlights • $2.5 million cornerstone investment by Lind Global Fund II, LP, an institutional fund managed by New York based Lind Partners (together “Lind”), with the first $1.75m to be provided within five days and the balance to be provided within 5 days after Nimy receives shareholder approval. • The investment is a staged placement over a maximum 24-month period, with the price fixed at $0.208 cents in the first four months then at either the fixed price or a calculated VWAP subscription price, as set out below. • Nimy will use the funds to conduct its Nickel and Lithium drilling programs at the Mons project North-East of Perth, WA.
Submitted August 22, 2023 at 02:10AM by Jareo_San https://ift.tt/RcdoxF0
