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Widgie Nickel’s Rights Issue Faces Large Shortfall
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Widgie Nickel’s Rights Issue Faces Large Shortfall

Widgie Nickel Limited (AU:WIN) has released an update.

Widgie Nickel Limited recently concluded its non-renounceable entitlement offer, raising $847,791 through the issuance of 21,194,774 new shares at $0.04 each, accompanied by the granting of 10,597,504 new options. Despite this, there remains a significant shortfall with 78,803,566 shares still available, which the company may place at its discretion. The market awaits further updates on the final allocation and issue of these remaining shares and options.

For further insights into AU:WIN stock, check out TipRanks’ Stock Analysis page.

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