Business
FIRST NICKEL FILES PRELIMINARY SHORT FORM PROSPECTUS
FIRST NICKEL FILES PRELIMINARY SHORT FORM PROSPECTUS
About this update from Fathom Nickel, Inc.
[{"type":"text","content":"\n\n\n\n Oct. 19, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OR OVER\n UNITED STATES NEWSWIRE SERVICES./\n\n\nTORONTO, Oct. 19 /CNW/ - First Nickel Inc. ("First Nickel" or the "Company") (TSX: FNI) announced that it has filed a preliminary short form\n prospectus with the securities regulators in each of the Provinces of\n British Columbia, Alberta, Saskatchewan, Manitoba and Ontario, pursuant\n to which the Company proposes to complete an offering (the "Offering") of units of the Company ("Units") upon terms to be determined in the context of the market.  Each Unit\n will be comprised of one common share in the capital of the Company (a\n "Common Share") and one-half of one Common Share purchase warrant (a "Warrant"). Each whole Warrant will entitle the holder thereof to acquire one\n Common Share until the second anniversary of the closing of the\n Offering.  Paradigm Capital Inc., as lead, and Raymond James Ltd. are\n acting as agents for the Offering.\n\n\nThe net proceeds of the Offering will be used for re-commissioning and\n development of the Company's Lockerby Mine, detailed engineering\n studies of the Lockerby Mine and for general corporate purposes. The\n Offering is subject to the approval of the Toronto Stock Exchange and\n applicable regulatory approvals.\n\n\nThis news release shall not constitute an offer to sell or the\n solici...