Nickel Creek Platinum Announces 2021 Exploration Drill Program at Nickel Shw and Proposed Non-Brokered Private Placement

By PRNewswire4 days ago

AD

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES./

TORONTO, April 8, 2021 /CNW/ -Nickel Creek Platinum Corp. (TSX:NCP) (“Nickel Creek“ or the “Company“) is pleased to announce that it intends to conduct an exploration drill program during the third quarter of 2021 at its 100%-owned Nickel Shw Project (the “Project“) located in the Yukon, Canada and a proposed non-brokered private placement.

The Company proposes to sell, on a non-brokered private placement basis, up to approximately 38.9 million units (the “Units“) of the Company at a price of $0.09 per Unit and “flow-through units“ (the “FT Units“) at a price to be determined per FT Unit. The Company is targeting aggregate gross proceeds of approximately $2.5 million, but may issue Units and FT Units for aggregate gross proceeds to the Company of up to approximately $3.5 million (collectively, the “Private Placement“).

Continue read on benzinga.com