FAQ on Fathom Nickel Inc.'s Upsized Private Placement and Exploration Plans
Summary
What is the new size of Fathom Nickel Inc.’s private placement financing?
Fathom Nickel Inc. has upsized its private placement financing from C$705,000 to up to C$1.5 million due to robust investor interest.
What does each unit in the private placement consist of?
Each unit is priced at $0.03 and comprises one common share and one warrant exercisable at $0.05 for 36 months.
Who has committed to invest in the private placement?
Crescat Capital LLC has committed to invest up to 33% of the offering to support exploration at Fathom’s Gochager Lake Project.
How will the proceeds from the private placement be used?
The proceeds will fund expanded fieldwork including soil geochemistry and geophysics ahead of a fall drill program at the Gochager Lake Project.
Where is Fathom Nickel Inc.’s Gochager Lake Project located?
The Gochager Lake Project is located in the province of Saskatchewan.
What is Fathom Nickel Inc.’s focus?
Fathom Nickel Inc. is a junior exploration company focused on exploring for and developing world class nickel camps in Saskatchewan.
Where can I find more information about Fathom Nickel Inc.?
More information is available in the company’s newsroom at https://ibn.fm/FNICF.
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