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Canada Nickel raises C$4.97M via flow-through shares to fund Timmins Nickel District exploration.

Company Fundamentals
21 May 2026
PRNewsWire
View Source
Bullish
pluang ai news

Canada Nickel Company announced a private placement of up to 2.4 million flow-through shares at C$2.07 each, raising approximately C$4.97 million. The funds will be used for eligible resource exploration expenses in the Timmins Nickel District, where the company is advancing multiple nickel projects including the flagship Crawford project nearing permitting. This financing supports ongoing exploration and resource development, positioning Canada Nickel to benefit from improving global nickel markets and investor interest. The offering is expected to close around June 10, 2026, pending regulatory approvals.

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