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Tartisan Nickel (CSE:TN) closes $1.8M flow-through financing

Market News, Mining
CSE:TN
29 November 2022 09:00 (EDT)

Source: Tartisan Nickel Corp.

Tartisan Nickel Corp. (TN) has closed a flow-through offering for gross proceeds of $1,797,000.00.

The company issued 5,615,625 flow-through units for $0.32 per unit. Each unit includes one flow-through share and one-half of a share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share for a period of 18 months.

Finder’s fees of 6 per cent cash and 6 per cent brokers warrants were paid to eligible agents, including GloRes Securities Limited. All units issued are subject to a statutory four-month hold period.

The proceeds will be used to fund the exploration, development, advancement and feasibility of the company’s flagship Kenbridge Nickel Project in Ontario. 

Tartisan Nickel is a Canada-based mineral exploration and development company whose flagship asset is the Kenbridge Nickel Deposit located in the Kenora Mining District, Ontario.

Tartisan Nickel Corp. (TN) opened trading at C$0.20 per share.


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