Power Nickel Inc (TSE:PNPN) has released an update.
Power Nickel Inc. announces a significant flow-through financing initiative, aiming to raise $20 million with Rob McEwen and other top mining investors backing the investment. The funds are earmarked for exploration activities on the Nisk property in Quebec, with the company also closing an earlier financing round for $200,000. This move positions Power Nickel to advance its goal of developing Canada’s first Carbon Neutral nickel mine at the promising Nisk project.
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