- Fathom Nickel (FNI) has announced a private placement for gross proceeds of up to $1,650,000
- The company will issue up to 27,500,00 flow-through common shares for $0.06 per share
- Gross proceeds will be used for exploration expenses at the company’s Albert Lake and Gochager Lake projects in Saskatchewan
- The offering is expected to close on or about December 21, 2022
- Fathom Nickel is a resource exploration and development company
- Fathom Nickel Inc. (FNI) is unchanged on the day, trading at C$0.06 per share at 1 pm ET
Fathom Nickel (FNI) has announced a private placement for gross proceeds of up to $1,650,000.
Under the proposed offering, the company will issue up to 27,500,00 flow-through common shares for $0.06 per share.
The company will use the gross proceeds to fund exploration at the company’s Albert Lake Project and the Gochager Lake Project, located in Saskatchewan.
The offering is expected to close on or about December 21, 2022.
Fathom Nickel is a resource exploration and development company that is targeting high-grade nickel sulphide discoveries for use in the rapidly growing global electric vehicle market.
Fathom Nickel Inc. (FNI) is unchanged on the day, trading at C$0.06 per share at 1 pm ET.