Core Nickel announces $400K private placemnet

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Core Nickel ( OTC:CNCOF ) to undertake a non-brokered private placement of up to 8M flow-through units at a price of $0.05 per FT unit. Proceeds expected of up to $400K, if the offering is fully subscribed.

Each FT unit will consist of one flow-through common share and one half of one common share purchase warrant. Proceeds will be used for helicopter-borne Versatile Time-Domain Electromagnetics (VTEM) and horizontal magnetic gradiometer geophysical surveys across its 100%-owned Mel and Odei River exploration properties. More on Core Nickel Corp.



Financial information for Core Nickel Corp..