Substantial shareholdings exemption

Québec Nickel Corp. Announces Closing of the Second Tranche of Its Previously Announced Private Placement

Retrieved on: 
Friday, December 30, 2022
Mining, Minerals, Natural Resources, QC, Warrant, Income Tax Act, Part, Income Tax Act 1967, Canadian Securities Exchange, Unit, Indian stock exchange, CSE, National instrument, Substantial shareholdings exemption, QNI, Security (finance)

The total proceeds raised from both the first and Second Tranche of the previously announced private placement is $8,695,288.08.

Key Points: 
  • The total proceeds raised from both the first and Second Tranche of the previously announced private placement is $8,695,288.08.
  • All National and QC FT Shares issued in the private placement are subject to a four-month hold period expiring on April 30, 2023.
  • The Company is pleased to have received support and participation from its existing shareholders in the private placement.
  • As a result of the closing of the private placement, there are now 110,842,205 common shares of the Company issued and outstanding.