Business
Flying Nickel Closes Final Tranche of Private Placement for Proceeds of $120,000
Vancouver, British Columbia--(Newsfile Corp. - November 22, 2023) - Flying Nickel Mining Corp.&#x...
About this update from Cleantech Vanadium Mining Corp
[{"type":"text","content":"Flying Nickel Closes Final Tranche of Private Placement for Proceeds of $120,000Vancouver, British Columbia--(Newsfile Corp. - November 22, 2023) - Flying Nickel Mining Corp. (TSXV: FLYN) (OTCQB: FLYNF) (\"Flying Nickel\" or the \"Company\") is pleased to announce that it has closed the final tranche of a non-brokered private placement (the \"Private Placement\") of 1,333,350 common shares of the Company previously announced on September 25, 2023, raising gross proceeds of $120,001.50. The Private Placement was priced at $0.09 per share.Proceeds of the Private Placement will be used for exploration and general working capital.The Company also issued 161,129 common shares to Red Cloud Securities Capital Inc. as a finder's fee in in connection with the closing of the first tranche of the private placement, which closing was announced on November 1, 2023.The common shares issued in connection with the Private Placement and the finder's fee are subject to a regulatory hold period expiring on March 21, 2024.About Flying NickelFlying Nickel is a nickel sulphide exploration-stage mining company. The company is advancing its 100% owned Minago nickel project in the Thompson nickel belt in Manitoba, Canada.Further information on the Company can be found at www.flynickel.com.FLYING NICKEL MINING CORP.ON BEHALF OF THE BOARDJohn LeeChief Executive OfficerFor more information about the Company, please contact:Phone: Phone: 1.877.664.2535 / 1.877.6NICKELEmail: [email protected] TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Note Regarding Forward-Looking StatementsCertain statements contained in this news release, including statements which may contain words such as \"expects\", \"anticipates\", \"intends\", \"plans\", \"believes\", \"estimates\", or similar expressions, and statements related to matters which are not historical facts, are forward-looking information within the meaning of applicable securities laws. Such forward-looking statements, which reflect management's expectations regarding Flying Nickel's future growth, results of operations, performance, business prospects and opportunities, are based on certain factors and assumptions and involve known and unknown ris...