ArcPacific Resources Corp (TSE:FAN) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
First Atlantic Nickel Corp. successfully completed a $2.1 million funding round, issuing shares at a premium of 58% over the average share price, with a strategic investor acquiring a 9.98% stake without warrants or fees. The capital raised will bankroll a comprehensive 2024 exploration program, including a 5,000-meter drilling campaign at the Atlantic Nickel Project to explore a promising 30km nickel trend. The investor has also secured future participation rights to maintain their ownership percentage in upcoming financings.
For further insights into TSE:FAN stock, check out TipRanks’ Stock Analysis page.
