Flying Nickel Plans $300K Private Placement and Grants Stock Options

Flying Nickel Mining Corp. (TSE:FLYN) has released an update.

Flying Nickel Mining Corp. has announced a private placement aiming to raise $300,000 by offering 6,000,000 units at $0.05 each, which includes a share and a purchase warrant. The funds are intended for general working capital and administrative expenses, with CEO John Lee participating significantly in the placement. The company is also granting stock options to key individuals as part of its incentive plan.

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