Flying Nickel Mining Corp. (TSE:FLYN) has released an update.
Flying Nickel Mining Corp. has successfully completed the initial tranche of its private placement by raising $120,000, selling 2.4 million units at $0.05 each. These funds are earmarked for general working capital and administrative expenses, with the securities subject to a regulatory hold period until January 25, 2025. CEO John Lee participated significantly in the placement, which also involved a finder’s fee paid to Ventum Financial Corp.
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