Nickel Creek Platinum Announces 2021 Exploration Drill Program at Nickel Shäw and Proposed Non-Brokered Private Placement

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[{"type":"text","content":"\n \n \n \n Nickel Creek Platinum Announces 2021 Exploration Drill Program at Nickel Shäw and Proposed Non-Brokered Private Placement\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 U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO\n \n THE UNITED STATES\n \n ./\n \n \n \n TORONTO\n \n ,\n \n April 8, 2021\n \n /CNW/ - Nickel Creek Platinum Corp. (TSX: NCP) (\"\n \n Nickel Creek\n \n \" or the \"\n \n Company\n \n \") is pleased to announce that it intends to conduct an exploration drill program during the third quarter of 2021 at its 100%-owned Nickel Shäw Project (the \"\n \n Project\n \n \") located in the\n \n Yukon, Canada\n \n and a proposed non-brokered private placement.\n \n \n The Company proposes to sell, on a non-brokered private placement basis, up to approximately 38.9 million units (the \"\n \n Units\n \n \") of the Company at a price of\n \n $0.09\n \n per Unit and \"flow-through units\" (the \"\n \n FT Units\n \n \") at a price to be determined per FT Unit.  The Company is targeting aggregate gross proceeds of approximately\n \n $2.5 million\n \n , but may issue Units and FT Units for aggregate gross proceeds to the Company of up to approximately\n \n $3.5 million\n \n (collectively, the \"\n \n Private Placement\n \n \").\n \n \n Each Unit will consist of one common share of the capital of the Company (each, a \"\n \n Common Share\n \n \") and one common share purchase warrant (each, a \"\n \n Warrant\n \n \"), with each Warrant exercisable for one common share (each, a \"\n \n Warrant Share\n \n \") at an exercise price of\n \n $0.15\n \n for a period of five (5) years from the date of issuance, subject to adjustment upon certain customary events. Each FT Unit will consist of one \"flow-through\" common share (each, a \"\n \n FT Share\n \n \") and one common share purchase warrant (each, a \"\n \n FT Warrant\n \n \"), with each FT Warrant exercisa...

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