Mincor taking advantage of strong nickel market

MINCOR Resources is in a trading halt this morning as it completes a capital raising.

Mincor taking advantage of strong nickel market Mincor taking advantage of strong nickel market Mincor taking advantage of strong nickel market Mincor taking advantage of strong nickel market Mincor taking advantage of strong nickel market

Mincor drilling in Kambalda

It is understood Petra Capital and Euroz Securities are the joint lead managers to a A$30 million placement.

The issue price is 60c per share, a 7.7% discount to Mincor's last closing price.