Class 1 Nickel & Technologies Ltd. (TSE:NICO) has released an update.
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Class 1 Nickel & Technologies Ltd. has successfully completed a non-brokered private placement, issuing 10.4 million shares at $0.05 each to raise $520,000. This capital injection is slated to advance the development of the company’s nickel-copper-cobalt projects in Ontario and Quebec. Final approval from the Canadian Securities Exchange is pending for this financial move, which saw significant insider participation.
For further insights into TSE:NICO stock, check out TipRanks’ Stock Analysis page.
