Company will sell 13,333,333 flow-through common shares at C$0.30 each
By Devika Patel
Knoxville, Tenn., March 7 - Nickel North Exploration Corp. said it plans a C$4 million non-brokered private placement of stock.
The company will sell 13,333,333 flow-through common shares at C$0.30 each. The price per share represents a 130.77% premium to the March 6 closing share price of C$0.13.
The Vancouver, B.C., company explores for nickel, copper and platinum group metals.
| Issuer: | Nickel North Exploration Corp.
|
| Issue: | Flow-through common stock
|
| Amount: | C$4 million
|
| Shares: | 13,333,333
|
| Price: | C$0.30
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Pricing date: | March 7
|
| Stock symbol: | TSX Venture: NNX
|
| Stock price: | C$0.13 at close March 6
|
| Market capitalization: | C$4.59 million
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
