Canada Nickel upsizes stock offering to C$45M
Mar. 09, 2022 1:50 PM ETCanada Nickel Company Inc. (CNIKF), CNC:CABy: Khyathi Dalal, SA News Editor1 Comment
- Canada Nickel (OTCQB:CNIKF -16.4%) upsized its earlier announced offering from C$25M to C$45M by amending its agreement with lead underwriters.
- The company plans to issue 8.3M shares at C$3.1/share, 3.4M flow-through shares at C$3.65/Traditional FT Share; 1.5M FT shares will be sold to charitable purchasers at C$4.46/Charity FT Share.
- Net proceeds usage can be read here.