North American Nickel (TSE:PNRL) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Premium Nickel Resources Ltd. has successfully completed the second tranche of its private placement, raising a total of C$27.5 million to fund its mining exploration and development activities in Botswana. The funds will support ongoing drilling projects and the anticipated release of a Selebi mineral resource estimate, with plans for a maiden mineral resource estimate for Selkirk by Q4 2024. Investors have been offered units consisting of common shares and warrants, with provisions for an accelerated warrant expiry under certain conditions.
For further insights into TSE:PNRL stock, check out TipRanks’ Stock Analysis page.