Tartisan Nickel Corp. Closes $1,050,000 Flow-Through Private Placement

Executive Summary

• Tartisan Nickel Corp. closed a $1,050,000 flow‑through private placement issuing 9,130,433 shares at $0.115 per share.
• Gross proceeds are earmarked to advance exploration and development of the 100% owned Kenbridge Nickel‑Copper‑Cobalt Project in Northwestern Ontario.
• The transaction includes a 6 % commission paid in share equivalents and 6 % broker warrants exercisable at $0.115, expiring twelve months from issuance.

Key Details

• Placement Size: $1,050,000 total subscription price.
• Shares Issued: 9,130,433 flow‑through shares at $0.115 per share.
• Escrow: Shares subject to a four‑month‑and‑one‑day escrow period from the closing date.
• Use of Proceeds: Funding for exploration and development work on the Kenbridge Nickel‑Copper‑Cobalt Project (100% owned).
• Commission & Warrants: 6 % commission paid in share equivalents; broker warrants equal to 6 % of the placement, exercisable at $0.115 per warrant, with a twelve‑month expiration.
• Regulatory Conditions: Securities issuance subject to regulatory approval and statutory holding periods.
• Share Structure Post‑Placement: Current outstanding shares are 140,674,041 (144,310,756 fully diluted).

Notable Quotes

(No direct quotes were provided in the release.)