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Power Nickel Inc ( (TSE:PNPN) ) has issued an announcement.
Power Nickel Inc., listed on TSXV, OTCBB, and Frankfurt exchanges, has announced an increase in its private placement offering due to strong demand, raising the total proceeds to C$50 million. This move is expected to bolster the company’s financial resources, with funds allocated for exploration expenses eligible for tax deductions and credits under Canadian tax laws, potentially enhancing their market position and benefiting stakeholders.
More about Power Nickel Inc
YTD Price Performance: 47.66%
Average Trading Volume: 570,501
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$311.9M
Learn more about PNPN stock on TipRanks’ Stock Analysis page.
