Tartisan Nickel Corp. Arranges $4,482,000 Flow-Through Financing at $0.57 per Unit and Has Closed First Tranche

Jun 08, 2021

TORONTO, ON / ACCESSWIRE / June 8, 2021 / Tartisan Nickel Corp. (CSE:TN)(OTC PINK:TTSRF)(FSE:A2D) ("Tartisan" or the "Company") is pleased to announce that the Company has arranged a $4,482,022.29 flow-through financing and has closed the first tranche of the financing. The first tranche was comprised of 3,336,797 flow-through units of the Company at the price of $0.57 per unit for an aggregate subscription price of $1,901,974.29. Each unit comprises one flow-through share and one-half of one warrant. Each full warrant will entitle the holder thereof to acquire one additional common share of the Company exercisable at a price of $0.85 per warrant share for a period of 2 years from the Closing date. A finder's commission of 6% cash and 6% brokers warrants will be paid to eligible agents. The second tranche aggregate subscription price of $2,580,048 is scheduled to close on or about June 18, 2021. The units issued under the flow-through financing are subject to a hold period expiring four months and one day from the closing date of the tranche.

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