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NICKEL CREEK PLATINUM ANNOUNCES CLOSING OF $2.7 MILLION PRIVATE PLACEMENT
NICKEL CREEK PLATINUM ANNOUNCES CLOSING OF $2.7 MILLION PRIVATE PLACEMENT Canad...
About this update from Nickel Creek Platinum Corp.
[{"type":"text","content":"\n \n \n \n NICKEL CREEK PLATINUM ANNOUNCES CLOSING OF $2.7 MILLION 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 \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 \n TORONTO\n \n \n ,\n \n \n May 11, 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 has closed its previously announced private placement (the \"\n \n Private Placement\n \n \") pursuant to which the Company is issuing a total of 3,197,060 units (\"\n \n Units\n \n \") for gross proceeds of approximately\n \n $0.3 million\n \n and 25,539,500 \"flow-through\" units (\"\n \n FT Units\n \n \") for gross proceeds to the Company of\n \n $2.4 million\n \n , for total gross proceeds of approximately\n \n $2.7 million\n \n . All dollars are denominated in Canadian dollars.\n \n \n \n \n \n \n \n \n \n The Units were priced at\n \n $0.085\n \n with each Unit consisting of one common share in 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 was priced at\n \n $0.095\n \n with each FT Unit consisting of one \"flow-through\" common share (each, a \"\n \n FT Share\n \n \") and one-half of one common share purchase warrant (each whole FT Share purchase warrant, a \"\n \n FT Warrant\n \n \"), with each FT Warrant exercisable for one Common Share (each, a \"\n \n FT\n \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 d...