Tartisan Nickel Corp. Closes $1,325,000 Flow-Through Private Placement

Executive Summary

• Tartisan Nickel Corp. closed a $1,325,000 flow‑through private placement issuing 6,625,000 shares at $0.20 each.
• Gross proceeds will be used to fund exploration and development of the 100% owned Kenbridge Nickel‑Copper‑Cobalt Project in Northwestern Ontario.
• The transaction included a 6 % cash commission and 6 % broker warrants exercisable at $0.20, expiring twelve months from issuance.

Key Details

• Placement Size: $1,325,000 total subscription price.
• Shares Issued: 6,625,000 flow‑through shares at $0.20 per share.
• Escrow: Shares subject to a four‑month‑and‑one‑day escrow period from the closing date.
• Use of Proceeds: Advance exploration and development work at the Kenbridge Nickel‑Copper‑Cobalt Project (Kenora Mining District, Northwestern Ontario).
• Commission & Warrants: 6 % cash commission paid; additional 6 % broker warrants issued to eligible agents, each warrant exercisable at $0.20 and expiring twelve months from issue.
• Regulatory Conditions: Securities issuance subject to regulatory approval and applicable statutory holding periods.

Notable Quotes

(No direct quotes were included in the release.)