First Atlantic Nickel & Cobalt closes $3.77 million no-warrant private placement
Bitget2026/09/28 23:33Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- First Atlantic Nickel & Cobalt closed a no-warrant, non-brokered private placement raising gross proceeds of $3.77 million.
- Issued 2,333,667 flow-through shares at $0.75, issued 2,570,000 charity flow-through shares at $0.785.
- Total September 2026 financing proceeds reached about $9.93 million.
- A strategic investor exercised participation rights, capped to keep beneficial ownership below 9.99%.
- Proceeds earmarked for drilling, metallurgical work, access upgrades at Pipestone XL, exploration at Ophiolite X in Newfoundland.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Atlantic Nickel & Cobalt Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609281933PRIMZONEFULLFEED9835524) on September 28, 2026, and is solely responsible for the information contained therein.
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