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Fathom Nickel Receives Receipt Of Final Prospectus, Announces Initial Public Trading Date And Provides Albert Lake Project Update
Fathom has obtained final receipt for its non-offering prospectus. Its Common Shares are expected to begin trading on the CSE on or about Tuesday May 25, 2021,
About this update from Fathom Nickel, Inc.
[{"type":"text","content":" Fathom has obtained final receipt for its non-offering prospectus. Its Common Shares are expected to begin trading on the CSE on or about Tuesday May 25, 2021, under the ticker symbol “FNI”. The Special Warrants, issued in its oversubscribed private placement for gross proceeds of $11,150,000, will automatically convert into Common Shares prior to listing. Staking of an additional 55,732 Ha, bringing the total property size at its Albert Lake Project to 90,127 Ha. Completion of Q1 2021 Exploration Program consisting of nine drill holes, totalling 1,232 meters drilled, borehole EM surveys (BHEM) on 2021 drill holes plus historical drill holes and a Gravity survey (results pending). Completion of property wide heliborne Gradient Magnetic (MAG) survey amounting to 9,595 line-km. Calgary, Alberta – (May 18, 2021) – Fathom Nickel Inc. (the “Company” or “Fathom“), today announced that the Company obtained final receipt for its non-offering prospectus on May 13, 2021. Fathom also announced that it has received conditional approval to list the Company’s Class A common shares (the “Common Shares”) on the Canadian Securities Exchange (the “CSE”). The Common Shares are expected to begin trading on the CSE at the opening of the market on or about Tuesday, May 25, 2021, under the ticker symbol “FNI”. “The Fathom team is very excited to achieve this significant milestone. Our recently completed go-public financing positions the Company to aggressively advance the exploration program at our Albert Lake Project. By completing a direct listing onto the CSE we are entering the public markets in an efficient manner that both positions Fathom as a very well funded junior explorer and preserves value for our shareholders,” commented Brad Van Den Bussche, President & CEO. “We would also like to take this opportunity to thank our shareholders for their continued support and trust in our ability to execute on our vision. Fathom’s advancement from a privately held company to a publicly-traded company on the CSE represents the next chapter of our growth, and we are excited about the opportunities ahead of us,” he added. In connection with the Company’s direct listing on the CSE, the Company raised gross proceeds of $11,150,000 (the “Offering“) through an upsized, private placement financing of flow-through special warrants (the “FT Special Warrants“...