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NICKEL CREEK PLATINUM ANNOUNCES 2022 DRILL PROGRAM AT NICKEL SHÄW AND PROPOSED NON-BROKERED PRIVATE PLACEMENT
NICKEL CREEK PLATINUM ANNOUNCES 2022 DRILL PROGRAM AT NICKEL SHÄW AND PROPOSED NON-B...
About this update from Nickel Creek Platinum Corp.
[{"type":"text","content":"\n \n \n \n NICKEL CREEK PLATINUM ANNOUNCES 2022 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 \n TORONTO\n \n \n ,\n \n \n April 26, 2022\n \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 a drill program during 2022 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 \n \n \n \n \n \n \n The Company proposes to sell, on a non-brokered private placement basis, up to approximately 41.2 million units (the \"\n \n Units\n \n \") of the Company at a price of\n \n $0.085\n \n per Unit and \"flow-through units\" (the \"\n \n FT Units\n \n \") at a price to be determined in the context of the market.  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-half of one common share purchase warrant (each whole common share purchase warrant, 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 $0.125\n \n for a period of three (3) 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-half of one common share purchase warrant (each...