Fathom Nickel Inc. announces the closing of the first tranche of its non-brokered offering, raising $398,025. Proceeds will fund exploration activities at the Albert Lake and Gochager Lake projects.
Calgary, Alberta--(Newsfile Corp. - December 24, 2024) - Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) (the 'Company' or 'Fathom') is pleased to announce that it has closed the first tranche of its non-brokered offering of flow-through units and non flow-though units (the 'Offering'), previously announced on November 15, 2024. Pursuant to the Offering, the Company issued 8,550,000 flow-through common share units (the 'FT Units') at a price per FT Unit of $0.
04 for gross proceeds of $342,000, and 1,600,714 non-flow through Units (the 'NFT Units') at a price per NFT Unit of $0.035 for gross proceeds of $56,025. Combined gross proceeds for this initial closing of the Offering was $398,025. The second tranche of the Offering is expected to close in mid-January 2025. Each NFT Unit consists of one common share of Fathom (a 'Common Share') and one-half of a transferable Common Share purchase warrant (a 'Warrant'). Each full Warrant shall be exercisable into one Common Share for a period of 36 months from issuance at an exercise price of C$0.07. Each FT Unit consists of one Common Share issued on a 'flow-through' basis and one-half of a Warrant. The FT and NFT Units issued under the Offering were issued under the listed issuer financing exemption set forth under section 5A.2 of National Instrument 45-106 Prospectus Exemptions ('Listed Issuer Exemption') and contain no resale restrictions. The gross proceeds of the flow-through portion of the Offering will be used by the Company to incur eligible Canadian exploration expenses that will qualify as flow-through mining expenditures as such terms are defined in the Income Tax Act (Canada) (the 'Qualifying Expenditures') related to the Company's Albert Lake Project and the Gochager Lake Project which are located in Saskatchewan, Canada on or before December 31, 2025. All Qualifying Expenditures will be renounced in favour of the subscribers effective December 31, 2024
Fathom Nickel Offering Exploration Saskatchewan Albert Lake Project Gochager Lake Project
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
EV Nickel Inc.: EV Nickel Announces Positive Mineralogical Results For New Large-Scale ZoneQEMSCAN analysis completed on new large-scale zone ('CarLang C' or 'Gemini Zone') as follow-up to recent drill resultsResults indicate presence of magmatic sulfidesNew and distinct large-scale zone that
Weiterlesen »
Canada Nickel erreicht wichtigen Meilenstein mit Abschluss der Einreichung der Umweltverträglichkeitserklärung für das Crawford Nickel Sulphide ProjektTORONTO, 26. November 2024 - Canada Nickel Company Inc. ('Canada Nickel' oder 'das Unternehmen') (TSX V:CNC) (OTCQB: CNIKF) - https://www.commodity-tv.com/ondemand/companies/profil/canada-nickel-company-inc/
Weiterlesen »
TSV Aubstadt: Marco Nickel überrascht in neuen RollenDer TSV Aubstadt ist in die Erfolgsspur zurückgekehrt. Mit ein Grund dafür: Kreative Lösungen des Trainerteams - wie das Beispiel Marco Nickel zeigt.
Weiterlesen »
Canada Nickel durchschneidet zweiten bedeutenden Nickelsulfid-Abschnitt im Projekt BannockburnHöhepunkte - Erfolgreicher Abschluss der Nachfolgebohrung zum ersten Massivsulfidergebnis - Neuer netto-texturierter Sulfidabschnitt von 9,2 Metern innerhalb
Weiterlesen »
Canadal Nickel Company Aktie: Trends und Entwicklungen im ÜberblickDie Canada Nickel Company verzeichnete am 29. November einen leichten Kursanstieg von 0,36 Prozent auf 0,70 USD. Diese marginale Bewegung steht im Kontext einer insgesamt verhaltenen Entwicklung, die sich
Weiterlesen »
Power Nickel, SMA Solar Technology, Standard LithiumDie BRICS-Staaten haben in den letzten beiden Jahrzehnten enorm an Wirtschaftskraft gewonnen und stehen für mittlerweile mehr als 35 % der globalen Wirtschaftsleistung. Ihrer wirtschaftlichen Stärke bewusst
Weiterlesen »