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Widgie Nickel (ASX:WIN) announces $4M rights issue to support Mt Edwards assets

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Widgie Nickel plans a $4 million pro-rata rights issue at a 21.6% discount to the April 15 closing share price, offering shares at 4 cents each.

Shareholders subscribing will get one free unlisted option for every two shares, exercisable at 7 cents until Oct. 31, 2025.

The funds will support Mt Edwards nickel and lithium assets and potential acquisitions.

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