TORONTO, ON / ACCESSWIRE / July 17, 2023 / EV NICKEL INC. (TSX-V:EVNI) (āEVNiā or the āCompanyā) is announcing a non-brokered private placement (the āOfferingā) for gross proceeds of up to C$$1,000,00 from the sale of units of the Company (each, a ā¦
TORONTO, ON / ACCESSWIRE / July 17, 2023 / EV NICKEL INC. (TSX-V:EVNI) (āEVNiā or the āCompanyā) is announcing a non-brokered private placement
(the āOfferingā) for gross proceeds of up to C$$1,000,00 from the sale of units of the Company (each, a āUnitā) at a price of C$0.06 per Unit. Each Unit will consist of one common
share of the Company and one common share purchase warrant (a āWarrantā). Each Warrant will entitle the holder thereof to purchase one common share of the Company (each, a āWarrant Shareā) at a
price of C$0.09 for a period of 24 months following the closing date of the Offering.
The Company intends to use the proceeds raised from the Offering for continued exploration of the Companyās Shaw Dome Project located south of Timmins in Ontario and general corporate expenses.