Core Nickel Corp. Successfully Closes Private Placements, Raises Funds for Exploration Programs

Private Placements Closed with Strong Investor Interest

Core Nickel Corp. wraps up successful funding rounds for exploration projects

Core Nickel Corp. has successfully closed its two non-brokered private placements following increased interest from investors. The company raised a total of $2,502,000 through the sale of flow-through units and non-flow-through units.

Insider Participation in Private Placements

Directors of Core Nickel Corp. show support through significant investment

Key company insiders participated in the private placements, purchasing a substantial number of units. Their involvement was done in compliance with relevant regulations, and all securities issued will be subject to a hold period as per securities laws.

Utilization of Funds for Exploration Programs

Investment to fuel exploration activities in key projects

The proceeds from the private placements will be allocated towards exploration programs on Core Nickel Corp.’s projects in the Thompson Nickel Belt, Manitoba. Additionally, funds will be used for general working capital to support ongoing operations.

About Core Nickel Corp.

A leading player in nickel exploration in the Thompson Nickel Belt

Core Nickel Corp. is a junior nickel exploration company with significant land holdings in the renowned Thompson Nickel Belt in Northern Manitoba, Canada. The company’s projects are strategically located near existing infrastructure, positioning them for efficient development and exploration.

Focus on Key Projects: Mel Deposit and Halfway Lake

Exploration efforts targeted at high-potential mineral deposits

Core Nickel Corp.’s primary focus lies on its Mel Deposit Project, situated close to Vale’s operating Thompson Mill Complex. The company also holds the Halfway Lake Project, which has shown promising signs of nickel mineralization. These projects represent significant growth opportunities for Core Nickel Corp.

Commitment to Exploration Excellence

Core Nickel Corp. aims to unlock the full potential of its mineral properties

With a dedicated team and a strategic approach to exploration, Core Nickel Corp. is committed to maximizing the value of its mineral assets. The company’s goal is to become a prominent player in the nickel mining sector through successful exploration and development initiatives.

For more information, visit the official Core Nickel Corp. website.