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Canada Nickel upsizes stock offering to C$45M

  • Canada Nickel (OTCQB:CNIKF -16.4%) upsized its earlier announced offering from C$25M to C$45M by amending its agreement with lead underwriters.
  • The company plans to issue 8.3M shares at C$3.1/share, 3.4M flow-through shares at C$3.65/Traditional FT Share; 1.5M FT shares will be sold to charitable purchasers at C$4.46/Charity FT Share.
  • Net proceeds usage can be read here.

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