Mr. Murray Swales reports
FORT. ST. JAMES NICKEL CLOSES PRIVATE PLACEMENT
Fort St. James Nickel Corp., further to its news of April 17, 2015, has closed its non-brokered private placement of $40,000.
The offering is subject to exchange final acceptance.
The offering was for four million units for gross proceeds of $40,000. Each unit will consist of one common
share in the capital of the company at a price of one cent and one share purchase warrant. Each
warrant will entitle the holder to purchase one company common share for a period of five years from the date
of issuance at a price of five cents per share.
The proceeds of the offering will be used by the company future working capital. No portion of the offering
proceeds will be used to pay to any related parties. No portion of the offering proceeds will be used to pay
management fees or salaries.
All securities issued in connection with the offering will be subject to a four-month hold period in accordance
with applicable securities laws, and, as such, Nov. 18, 2015, is the hold expiry date.
We seek Safe Harbor.
© 2024 Canjex Publishing Ltd. All rights reserved.