Tartisan arranges $1-million financing

Executive Summary

• Tartisan Nickel Corp. has proposed a non-brokered flow-through financing to raise up to $1,000,000.
• The financing involves the issuance of flow-through common shares at a price of $0.38 per share.
• Proceeds are designated for eligible Canadian exploration expenses, specifically for continued exploration and development at the Kenbridge nickel-copper-cobalt project in Northwestern Ontario.

Key Details

• Financing Structure: Non-brokered flow-through financing.
• Gross Proceeds: Up to $1,000,000.
• Price Per Share: $0.38 CAD.
• Use of Proceeds: To incur eligible Canadian exploration expenses as defined in the Income Tax Act (Canada), which will be renounced to subscribers. Funds are directed toward the Kenbridge nickel-copper-cobalt project.
• Finder’s Fees: The company may pay finders' fees in accordance with applicable securities regulations, which may include a cash commission and/or the issuance of broker warrants.
• Closing Conditions: Subject to customary closing conditions, including regulatory approvals and the policies of the Canadian Securities Exchange.
• Share Restrictions: All securities issued are subject to a statutory hold period in accordance with Canadian securities laws.
• Current Share Count: 155,005,114 shares outstanding (159,234,724 fully diluted).