Class 1 Nickel and Technologies Ltd. (CSE: NICO) (OTCQB: NICLF) is pleased to announce that it has completed a non-brokered private placement pursuant to which it has issued an aggregate of 8,333,332 common shares at a price of $0.12 per Share to raise aggregate gross proceeds of approximately $1,000,000. The Company intends to use the proceeds of the Private Placement for general corporate purposes.
The Shares are subject to a statutory hold period expiring on October 2, 2023.
About Class 1 Nickel
Class 1 Nickel and Technologies Limited is a mineral resource company focused on the development of its 100% owned Alexo-Dundonald Property, a portfolio of komatiite hosted magmatic nickel-copper-cobalt sulphide Mineral Resources located near the City of Timmins, Ontario. The Corporation also owns the Somanike komatiite-hosted nickel-copper sulphide property in Quebec, which includes the famous Marbridge Nickel Mine, as well as additional property interests.
Minera Alamos Inc. (TSX-V:MAI) is pleased to announce the executi... READ MORE
Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) and Advent... READ MORE
Vortex Metals Inc. (TSXV: VMS) (FSE: DM8) (OTCQB: VMSSF) is plea... READ MORE
Gatos Silver, Inc. (NYSE:GATO) (TSX: GATO) provided an update on ... READ MORE
Eldorado Gold Corporation (TSX: ELD) (NYSE: EGO) reports the Comp... READ MORE