SPC Nickel (TSE:SPC) has released an update.
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SPC Nickel Corp. successfully completed an upsized private placement, raising a total of approximately $2 million through the issuance of Common Share Units and Flow-Through Shares. The funds will propel the development of SPC Nickel’s mining projects in Sudbury and Nunavut, with a portion allocated for general working capital. The private placement received necessary approvals and included participation from company insiders, complying with regulatory exemptions.
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