Business
Canada Nickel Announces Filing of Preliminary Prospectus and Provides Corporate Update
Canada Nickel Announces Filing of Preliminary Prospectus and Provides Corporate Update ...
About this update from Canada Nickel Company Inc
[{"type":"text","content":"\n \n \n \n Canada Nickel Announces Filing of Preliminary Prospectus and Provides Corporate Update\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n /NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n TORONTO\n \n \n ,\n \n \n Feb. 17, 2023\n \n \n /CNW/ -\n \n Canada Nickel Company Inc. (\"Canada Nickel\"\n \n or the\n \n \"Company\n \n \") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce that it has filed and been receipted for a preliminary short form prospectus in connection with its bought deal offering of (i) 7,462,500 common shares in the capital of the Company (the \"Common Shares\") at a price of\n \n $1.77\n \n per Common Share and (ii) 1,748,300 common shares issued as \"flow-through shares\" (the \"Flow-Through Shares\") within the meaning of\n \n the Income Tax Act\n \n (\n \n Canada\n \n ) at a price of\n \n $2.86\n \n per Flow-Through Share, for aggregate gross proceeds to the Company of\n \n $18,208,763\n \n (the \"Offering\"), as further described in the news release of the Company dated\n \n February 8, 2023\n \n . In connection with the Offering, the Company has entered into an underwriting agreement with Scotia Capital Inc. Inc., as lead underwriter and sole bookrunner, together with a syndicate of underwriters including Red Cloud Securities Inc., Cormark Securities Inc., Echelon Wealth Partners Inc., Haywood Securities Inc., and Research Capital Corporation.\n \n \n \n \n \n \n \n \n \n The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the TSX Venture Exchange and the securities regulatory authorities.\n \n \n The securities offered in the Offering have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any U.S. state securities laws, and may not be offered or sold in\n \n the United States\n \n or to, ...