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Financings

Quebec Nickel to close $500,000 private placement

By The Northwire Desk — AI Analysis Dec 29, 2025 · 11:32 QNI · 0.155 Quebec Nickel Corp
QNI · Price

Executive Summary

  • Quebec Nickel Corp.’s $500,000 non‑brokered private placement announced on Dec. 17, 2025 is now fully allocated.
  • The offering remains subject to approval by the Canadian Securities Exchange and includes a hold period of four months plus one day after closing.
  • CEO David Patterson thanked existing shareholders and new participants for their support.

Key Details

  • Offering Size: Gross proceeds of $500,000.
  • Structure: Non‑brokered private placement (private placement of securities).
  • Allocation Status: Fully allocated as of the announcement date.
  • Regulatory Condition: Subject to approval by the Canadian Securities Exchange.
  • Hold Period: Securities issued will be subject to a hold period expiring four months and one day after the closing date of the offering.
  • Qualified Person: Johan Lambrechts, QP (director), reviewed and approved the scientific/technical information in the release.

Notable Quotes

“We thank our existing shareholders for their continued support of the company and appreciate the interest from new shareholders participating in this offering,” – David Patterson, Chief Executive Officer.

Read the original news release →

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