Power Nickel Inc. (TSXV:PNPN) has announced the closing of an over-subscribed flow-through offering, raising gross proceeds of C$20.1m through the issuance of 16.1m flow-through units (“units”), priced at C$1.25/ unit, with each unit comprising one share and one half of a warrant. Leading mining investors Robert Friedland, Rob McEwen and Terra Capital, alongside PNPN’s processing partner and shareholder CVMR, participated in the flow-through offering. The funds raised will be used to advance the ....
