Northwire Canada EditionSaturday, October 31, 2026
Northwire
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
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.
Read the original news release →

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