CAPITAL MARKETS

Funding boosts Axiom shares

AXIOM Mining shares were up by more than 23% in afternoon trade after the company secured an additional A$4 million in funding for its next phase of its work on the Isabel nickel project in the Solomon Islands.

Andrew Hobbs
Funding boosts Axiom shares

New York-based investment fund MEF I, also known as Magna, will provide the company with $4 million via convertible notes – with $2 million to be available immediately and another $2 million available...

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