Nordic Nickel Limited is a an Australian public company. It focused on uncovering and developing sustainably sourced, high purity class 1 nickel sulphides in Finland. It is set to list on the Australian Securities Exchange (ASX).
Nordic Nickel Limited has 2 projects – Pulju Project and Maaninkijoki 3 Project.
*Pulju Project – The project consists of one granted exploration licence and seven EL applications together covering a total of 98.1km2, as well as a reservation application covering approximately 323km2 surrounding the exploration licence areas. The project represents a compelling exploration target for komatiite-hosted nickel-copper-cobalt sulphides.
*Maaninkijoki 3 Project – The Company has the right to acquire up to a 75% interest in the MJ3 Project. The exploration licence is currently under application and covers a total area of 30.44 km2. The Project represents a good greenfields exploration project for either intrusive hosted or komatiite hosted magmatic nickel sulphide mineralisation.
Nordic Nickel Limited raised $12,000,000 at $0.25 per share in its initial public offering (IPO). The Offer opens on 20 Apr 2022 and closes on 11 May 2022. The date for quotation on ASX is 1 Jun 2022.
Note: The dates shown on this page are indicative only and may change without notice.
IPO Summary
ASX code | NNL |
Name | Nordic Nickel Limited |
Website | https://nordicnickel.com/ |
Share Registry | Computershare Investor Services Pty Limited |
Underwriter | Not underwritten. Taylor Collison Limited and Vert Capital Pty Ltd (Joint Lead Managers) |
Opening Date for the Offer: | 20 April 2022 |
Closing Date for the Offer: | 11 May 2022 |
Date for New Shares to commence trading on ASX | 1 June 2022 11:00 AM AEST |
Funds to be raised under the Public Offer (before costs) | $12,000,000 |
Offer price per Share | $0.25 |
Shares on issue at the Prospectus Date | 55,000,001 |
Shares to be issued under the Public Offer | 48,000,000 |
Total Shares | 115,225,006 |
Escrow | 13,750,000 Options and 56,765,002 Shares (a period of 24 months from quotation) |
120,001 Shares (a period of 12 months from the date of issue) |
Source: Nordic Nickel Limited prospectus