NiCAN Launches a CA$4 Million Private Placement to Advance Project Exploration

MT newswire2026/10/19 13:51

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09:51 AM EDT, 10/19/2026 (MT Newswires) -- NiCAN (NICN.V) is raising CA$4 million in a private placement of flow-through shares to advance exploration at its projects in Manitoba. The fully allocated offering is placing 22.86-million tax-advantaged shares priced at CA$0.175 apiece, the junior-mining company said Monday. Closing is expected Nov. 10. NiCAN owns the Pipy gold-nickel project and the Wine nickel-copper project, both located in Manitoba. The company's shares last traded Friday, closing up CA$0.01 to CA$0.125 on the TSX Venture Exchange. Price: 0.13, Change: +0.02, Percent Change: +13.04

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华尔街见闻•2026/11/08 12:41