Source: Mining.com
  • 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.

More From The Market Online

Centurion Minerals identifies high-quality gold target

Centurion Minerals (TSXV:CTN) reveals findings of a high-quality priority gold exploration target on its Newman Property.

Inspiration Energy acquires interest in 2 Athabasca uranium projects

Inspiration Energy (CSE:ISP) expands its presence in the Athabasca Basin in Saskatchewan by acquiring interest in two uranium properties.