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Class 1 Nickel plans to raise up to $1.65M for mineral exploration through a share placement.
Class 1 Nickel and Technologies Ltd., a mineral resource company, plans to raise up to $1.65 million through a private placement of 5,500,000 "flow-through" common shares at $0.30 each.
The funds will be used for exploration at the company's 100% owned Alexo-Dundonald Property in Ontario and other sites in Quebec.
The placement is subject to regulatory approvals and involves risks related to environmental factors and the availability of capital.
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Clase 1 Nickel planea recaudar hasta $1.65M para la exploración de minerales a través de una colocación de acciones.