Source: Mining.com
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  • Nickel North Exploration (NNX) has updated the pricing of its non-brokered flow through private placement announced in May
  • The company will offer of up to 6,000,000 flow through units for $0.05 per unit for gross proceeds of up to $300,000
  • Proceeds will be used for field exploration programs on the Hawk Ridge Ni-Cu-PGE-Co project in Quebec
  • Nickel North Exploration is a Canada-based exploration company
  • Nickel North Exploration Corp. (NNX) opened trading at C$0.04

Nickel North Exploration (NNX) has updated the pricing of its previously announced non-brokered flow through private placement.

The company will offer of up to 6,000,000 flow through units for $0.05 per unit for gross proceeds of up to $300,000.

Each FT unit will include one share and one non-transferable share purchase warrant. Each FT warrant will entitle the holder to purchase one additional share for $0.075 for a period of two years.

The FT warrants are subject to an acceleration clause.

All securities issued are subject to a four-month hold period.

Proceeds will be used for field exploration programs on the Hawk Ridge Ni-Cu-PGE-Co project in Quebec.

Nickel North Exploration is a Canada-based exploration company focused on defining a Cu-Ni-Co-PGE mineral resource at its Hawk Ridge Project in Quebec.

Nickel North Exploration Corp. (NNX) opened trading at C$0.04.

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