Mr. Mark Appleby reports
TARTISAN NICKEL CORP. PROPOSES $1,000,000 FLOW-THROUGH FINANCING AT $0.38 PER SHARE
Tartisan Nickel Corp. proposes to complete a non-brokered flow-through financing for gross proceeds of up to $1-million through the issuance of flow-through common shares at a price of 38 cents per share.
The proceeds from the financing will be used to incur eligible Canadian exploration expenses (CEE), as defined in the Income Tax Act (Canada), which will be renounced to subscribers, and will be directed toward continued exploration and development activities at the company's Kenbridge nickel-copper-cobalt project in Northwestern Ontario.
The company may pay finders' fees in connection with the financing in accordance with applicable securities regulations, which may include a cash commission and/or the issuance of broker warrants.
The financing is subject to customary closing conditions, including regulatory approvals and the policies of the Canadian Securities Exchange. All securities issued pursuant to the financing will be subject to a statutory hold period in accordance with Canadian securities laws
About Tartisan Nickel Corp.
Tartisan Nickel is a Canadian-based critical minerals exploration and development company that owns, the Kenbridge nickel project near Sioux Narrows in Northwestern Ontario, the Sill Lake silver property near Sault Ste. Marie, Ont., as well as the Night Danger Turtle Pond project near Dryden, Ont.
Tartisan Nickel common shares are listed on the CSE, the OTCQX and the Frankfurt Stock Exchange. Currently, there are 152,215,641 shares outstanding (156,287,356 fully diluted).
We seek Safe Harbor.
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