Nickel North Exploration (TSE:NNX) has released an update.
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Nickel North Exploration is shifting its private placement strategy from convertible debentures to offering units, aiming to raise $250,000 by issuing 6,250,000 units at $0.04 each. This move involves issuing common shares and warrants, with insiders potentially participating under specific exemptions. The funds are intended for general working capital, with no significant portion earmarked for investor relations or related parties.
For further insights into TSE:NNX stock, check out TipRanks’ Stock Analysis page.
