Northwire Canada EditionFriday, August 28, 2026
Northwire
GOLD 4664.00 +0.2% SILVER 69.43 +0.9% COPPER 6.59 −1.6% OIL 83.53 +1.6% PALLADIUM 1358.50 +1.3% PTU 0.367 +0.7% TAU 3.68 +1.1% MOG 0.550 +0.0% NTH 0.165 +3.1% GWM 0.760 +13.4% IMM 0.060 +0.0% MUX 30.02 +3.0% UTWO 0.385 +1.3% AGI 52.56 +0.8% SGN 0.350 −2.8% VRR 0.470 +17.5% AUXX 11.00 +2.7% BTR 0.130 −1.9% CCMI 0.035 +0.0% LME 0.135 +3.9% TLG 2.37 +2.6% GOLD 4664.00 +0.2% SILVER 69.43 +0.9% COPPER 6.59 −1.6% OIL 83.53 +1.6% PALLADIUM 1358.50 +1.3% PTU 0.367 +0.7% TAU 3.68 +1.1% MOG 0.550 +0.0% NTH 0.165 +3.1% GWM 0.760 +13.4% IMM 0.060 +0.0% MUX 30.02 +3.0% UTWO 0.385 +1.3% AGI 52.56 +0.8% SGN 0.350 −2.8% VRR 0.470 +17.5% AUXX 11.00 +2.7% BTR 0.130 −1.9% CCMI 0.035 +0.0% LME 0.135 +3.9% TLG 2.37 +2.6%
Financings Routine +

Tartisan closes $500,000 flow-through financing

Small flow‑through raise fuels Kenbridge drill pause but keeps momentum alive

Executive Summary
  • On 8 Apr 2026 Tartisan closed a $500,000 flow‑through equity financing at $0.38 per share.
  • The deal included a 6 % cash commission and a 6 % broker‑warrant component (78,947 warrants, one‑year expiry).
  • Net proceeds will be used for eligible Canadian Exploration Expenses (CEE) on the Kenbridge Nickel‑Copper‑Cobalt project while drilling is paused for spring melt.
  • CEO Mark Appleby highlighted that the financing “successfully closed this first tranche and advancing geophysics at Kenbridge” during the seasonal pause.
Material Impact
  • Scale: The $500 k raise is modest compared with prior financings (up to $1.3 M) and does not materially change the balance sheet.
  • Purpose: Funds are earmarked for CEE‑eligible work (geophysics, permitting) – a routine use of flow‑through capital for junior explorers.
  • Market expectation: The company had already signaled the need for additional cash to sustain Phase 1 drilling; the market therefore anticipated a financing at roughly $0.35–$0.40 per share. Closing at $0.38 is in line with that guidance.
  • Conclusion: The news is routine positive – it confirms expected capital‑raising activity, provides short‑term liquidity and does not alter the fundamental outlook for Kenbridge.
TN · Price
Company Overview
  • Tartisan Nickel Corp. is a Canadian‑registered junior focused on the Kenbridge Nickel‑Copper‑Cobalt Project in Northwestern Ontario (Kenora Mining District).
  • The flagship deposit hosts a shallow shaft (622 m) with multiple high‑grade intercepts (e.g., 3 m @ 2.17 % Ni, 1.45 % Cu; 5 m @ 3.02 % Ni, 1.48 % Cu).
  • The company is pursuing a Phase 1 drill program (~3,600 m) to convert inferred resources to measured/indicated and test deeper extensions.
Read the original news release →

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