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Green Panda Capital Updates Qualifying Transaction and Private Placement Terms

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Green Panda Capital Updates Qualifying Transaction and Private Placement Terms

An announcement from Class 1 Nickel & Technologies ( (TSE:NICO) ) is now available.

Green Panda Capital Corp. has announced updates regarding its proposed qualifying transaction with Thistle Resources Corp. and amendments to the terms of a Private Placement. The Private Placement will consist of non-flow-through units and flow-through units, with updated pricing and additional warrants. This funding is expected to generate minimum gross proceeds of $1,670,000 and maximum gross proceeds of $3,000,000, which will aid in the company’s financial strategy post-Consolidation. These changes reflect strategic adjustments in response to incurred expenses and market conditions.

More about Class 1 Nickel & Technologies

YTD Price Performance: 65.91%

Average Trading Volume: 5,831

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $24.2M

See more insights into NICO stock on TipRanks’ Stock Analysis page.

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