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Core Nickel Corp. and Arizona Copper and Gold Ltd. Announce Reverse Takeover and Financing Update

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Core Nickel Corp. and Arizona Copper and Gold Ltd. Announce Reverse Takeover and Financing Update

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An update from Core Nickel Corp. ( (TSE:CNCO) ) is now available.

Core Nickel Corp., a company listed on the TSX Venture Exchange, is in the process of a reverse takeover by Arizona Copper and Gold Ltd. The companies have announced the closing date for their concurrent brokered private placements, which are expected to raise over $3 million. This transaction will result in the automatic conversion of subscription receipts into shares and warrants of the resulting issuer, enhancing the company’s capital structure and market presence.

More about Core Nickel Corp.

Average Trading Volume: 79,152

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$7.47M

See more data about CNCO stock on TipRanks’ Stock Analysis page.

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