Financings
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.
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Jun 25, 2026 · 17:28