EV Nickel, Inc. (TSE:EVNI) has released an update.
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EV Nickel Inc. has increased its private placement offering from $3.5 million to over $5.1 million due to a strategic investor’s decision to maintain their stake in the company. This expansion will fund Canadian exploration expenses for the Shaw Dome Project in Ontario, with the aim of supporting the company’s mission to promote clean energy and nickel production for electric vehicle batteries.
For further insights into TSE:EVNI stock, check out TipRanks’ Stock Analysis page.