Tartisan Nickel closes $150,000 flow-through financing

Executive Summary

• Tartisan Nickel Corp. closed an additional $150,000 flow‑through financing by issuing 750,000 shares at $0.20 per share.
• Gross proceeds are earmarked to advance exploration and development at the 100 % owned Kenbridge nickel‑copper‑cobalt project in Northwestern Ontario.
• The placement included a 6 % cash commission and 6 % broker warrants (exercisable at $0.20, expiring 12 months after issue).

Key Details

• Financing amount: $150,000 total subscription price.
• Shares issued: 750,000 flow‑through shares at $0.20 per share.
• Escrow period: Shares subject to a four‑month‑and‑one‑day escrow from closing date.
• Use of proceeds: To fund exploration and development work on the Kenbridge nickel‑copper‑cobalt project (Kenora mining district, Northwestern Ontario).
• Commission & warrants: 6 % commission paid in cash; additional 6 % broker warrants issued to eligible agents, each warrant exercisable at $0.20 and expiring 12 months from issuance.
• Regulatory conditions: Securities issued under this private placement require regulatory approval and are subject to applicable statutory holding periods.

Notable Quotes

(No direct quotes were provided in the release.)