Power Nickel Inc (TSE:PNPN) has released an update.
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Power Nickel Inc. has successfully closed an oversubscribed $20 million financing round, with each unit consisting of a share and a half-warrant, attracting industry heavyweights like Robert Friedland and Rob McEwen. The funds are earmarked for expanded exploration on the company’s Nisk property in Quebec, aiming to leverage the federal tax credit for critical mineral exploration. The company is poised for an exciting phase of growth, with plans to deploy additional drilling rigs and advance exploration with a highly experienced team.
For further insights into TSE:PNPN stock, check out TipRanks’ Stock Analysis page.
