Nickel North Exploration (TSE:NNX) has released an update.
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Nickel North Exploration has announced a non-brokered private placement of up to $200,000 in convertible debentures with a 5% interest rate and a 12-month maturity. The proceeds will be used for general working capital, and insiders may participate, constituting a related party transaction under Canadian regulations.
For further insights into TSE:NNX stock, check out TipRanks’ Stock Analysis page.