Tartisan Nickel arranges $1-million financing

Executive Summary

• Tartisan Nickel Corp. proposes 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 (CEE) to fund continued exploration and development at the Kenbridge nickel-copper-cobalt project in Northwestern Ontario.

Key Details

• Transaction Type: Non-brokered flow-through financing.
• Gross Proceeds: Up to $1,000,000.
• Share Price: $0.38 per share.
• Use of Proceeds: To incur eligible Canadian exploration expenses (CEE) as defined in the Income Tax Act (Canada), which will be renounced to subscribers; funds directed toward exploration and development at the Kenbridge 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.
• Company Context: Tartisan Nickel is a Canadian-based critical minerals exploration and development company owning the Kenbridge project (Northwestern Ontario), Sill Lake silver property (Sault Ste. Marie, Ont.), and Night Danger Turtle Pond project (Dryden, Ont.). Shares are listed on the CSE, OTCQX, and Frankfurt Stock Exchange.