GNI 0.00% 1.2¢ global nickel investments nl

finance sorted, here we go!, page-7

  1. 718 Posts.
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    There will be no share dilution if you read the announcment. And the last announcment stated drilling this quater which takes us to mid year

    The finance will be provided by way
    of draw down facility at Global Nickel?s election. AUD$12.5m has already been contracted and will be
    drawn on a rolling basis. The further AUD$10m will be dependent on Global Nickel?s determined needs,
    particularly in relation to the availability of pre-production assets. As such, the financing facility allows
    Global Nickel to draw funds as and when necessary. This will assist Global Nickel to avoid unnecessary
    dilution. Zulu Capital will also arrange investor briefings in Asia in late April prior to the upcoming drilling
    at the JRGB project area.
 
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