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Nickel One (TSXV: NNN) announced a non-brokered Private Placement

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The company plans to raise up to $250,000 through the offering of up to 5 million units priced at $0.05 per unit.

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Company: Nickel One
Website: http://www.NickelOneInc.com
Stock Symbol: TSXV: NNN
Date Published: Apr 13, 2017
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

Nickel One Resources (TSXV:NNN) announced a non-brokered private placement.

The company plans to raise up to $250,000 through the offering of up to 5 million units priced at $0.05 per unit.

Each unit consists of 1 share and one-half a warrant, with each full warrant exercisable at $0.08 for 24 months.

The shares are currently trading at $0.05.

Nickel One’s main Canadian project is the 100% owned Tyko Property near Marathon, Ontario.

The property, totalling approximately 11,000 hectares hosts two significant Nickel-Copper-Platinum-Group Elements showings.

The company recently acquired a 100% interest in the LK Project, a copper/nickel property, located in north-central Finland.

Vance Loeber, President and CEO, stated: “The LK Project provides us with an excellent opportunity to build on a substantial platinum, palladium, gold, copper, and nickel resource in a mining friendly jurisdiction with some of the best infrastructure in the world. Building on more than $10 million in previous exploration expenditures that outlined two deposits, and our in-depth understanding of the geology and mineralization style, we are in a position to rapidly advance the project toward a very large tonnage and potentially economic precious metals deposit, with the added bonus of copper and nickel based on a current 43-101 compliant resource. In addition, the LK Project provides us with a foothold in Finland from which we will be taking a hard look at other opportunities to continue to build a strong portfolio of projects in Nickel One.”

For more information, please visit the company’s website, www.NickelOneInc.com, contact Vance Loeber, President and CEO, at 778-327-5799 ext 315, or email info@NickelOneInc.com.

I’m Samantha Deutscher for Investmentpitch Media