POWER NICKEL ANNOUNCES C$2 MILLION PRIVATE PLACEMENT
TORONTO, April 4, 2024 /PRNewswire/ - Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVVI) is pleased to announce that it plans to complete a Private Placement (the "Offering") for up to 10 Million common shares of the Company, at a price of $0.20 per share, for gross proceeds of CAD $2,000,000.
- TORONTO, April 4, 2024 /PRNewswire/ - Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVVI) is pleased to announce that it plans to complete a Private Placement (the "Offering") for up to 10 Million common shares of the Company, at a price of $0.20 per share, for gross proceeds of CAD $2,000,000.
- The Company has received conditional TSX Venture Exchange ("TSXV") approval for the Private Placement.
- "We are pleased to announce we have secured commitments to close this financing and that closing is expected to take place next week.
- At Power Nickel in particular, we have had a series of announcements about our ongoing exploration programs and their positive results and expect to report more on that shortly", commented Power Nickel CEO Terry Lynch.