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NICKEL CREEK PLATINUM ANNOUNCES COMPLETION OF PREVIOUSLY ANNOUNCED NON-BROKERED PRIVATE PLACEMENT

NICKEL CREEK PLATINUM ANNOUNCES COMPLETION OF PREVIOUSLY ANNOUNCED NON-BROKERED PRIVATE PLACEMENT...

articleNickel Creek Platinum Corp.May 16, 20234/company/nickel-creek-platinum-corp/news/nickel-creek-platinum-announces-completion-of-previously-announced-non-brokered-private-placement
NICKEL CREEK PLATINUM ANNOUNCES COMPLETION OF PREVIOUSLY ANNOUNCED NON-BROKERED PRIVATE PLACEMENT

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[{"type":"text","content":"\n \n \n \n NICKEL CREEK PLATINUM ANNOUNCES COMPLETION OF PREVIOUSLY ANNOUNCED 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 May 16, 2023\n \n \n /CNW/ - Nickel Creek Platinum Corp. (TSX: NCP) (\"\n \n Nickel Creek\n \n \" or the \"\n \n Company\n \n \") today has confirmed, further to its news releases of\n \n April 24, 2023\n \n and\n \n May 11, 2023\n \n (the \"\n \n Previous News Releases\n \n \"), the completion of its non-brokered private placement (the \"\n \n Private Placement\n \n \") pursuant to which the Company has issued an aggregate of 31,503,656 units (\"\n \n Units\n \n \") for gross proceeds of approximately\n \n $1.4 million\n \n . The Company has confirmed that there will be no further tranches with respect to the Private Placement.\n \n \n \n \n \n \n \n \n \n As previously disclosed, the Units were priced at\n \n $0.045\n \n with each Unit consisting 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 $0.08\n \n for a period of three (3) years from the date of issuance, subject to adjustment upon certain customary events. Further details with respect to the Private Placement are set out in the Previous News Releases.\n \n \n The Private Placement is subject to the final approval of the Toronto Stock Exchange.\n \n \n This news release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in\n \n the United States\n \n nor shall there be any sale of the securities in any jurisdiction in which such offer, s...

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