MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Targets $1.05 Million in Proceeds Through Private Placement of Units
Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) announced details of its proposed private placement offering of up to 7,500,000 flow-through units (“FT Units”) at $0.04 per unit and 21,500,000 hard dollar units (“HD Units”) at $0.035 per unit, aiming to raise aggregate gross proceeds of $1,052,500. Each unit includes common shares and warrants exercisable for three years at $0.07. Proceeds from FT Units will fund exploration expenditures at the Gochager Lake Project in Saskatchewan, qualifying as flow-through critical mineral mining expenditures under Canada’s Tax Act, while HD Unit proceeds will support general exploration, project development, and corporate needs. The offering,…
