First Atlantic Nickel & Cobalt raises $6.16 million in no-warrant private placement of flow-through shares
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- First Atlantic Nickel & Cobalt closed a non-brokered private placement raising USD 6.16 million through 8,210,000 flow-through common shares.
- Pricing set at USD 0.75 per share; no warrants issued.
- Proceeds earmarked for exploration drilling, metallurgical test work, and access upgrades at the Pipestone XL project in Newfoundland.
- Funds also allocated to exploration activities at the Ophiolite X project.
- Offering remains subject to final TSX Venture Exchange acceptance; securities carry a hold period until Jan. 19, 2027.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Atlantic Nickel & Cobalt Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609181702PRIMZONEFULLFEED9829818) on September 18, 2026, and is solely responsible for the information contained therein.
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