Company selling flow-through common shares at C$0.30 per share
By Devika Patel
Knoxville, Tenn., May 2 - Nickel North Exploration Corp. said it increased its non-brokered private placement of stock to C$5 million from C$4 million. The deal priced on March 7.
The company is selling 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$5 million
|
| Price: | C$0.30
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Pricing date: | March 7
|
| Upsized: | May 2
|
| Stock symbol: | TSX Venture: NNX
|
| Stock price: | C$0.13 at close March 6
|
| Market capitalization: | C$6.14 million
|
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