Nickel Investing News » Victory Nickel Completes $685,828 Flow-Through Financing

Victory Nickel Completes $685,828 Flow-Through Financing

March 2, 2010 @ 8:43 pm In Nickel Company News

Victory Nickel Inc. (TSX:NI)reported that the company has completed a $685,828 non-brokered private placement financing.

The press release is quoted as saying:

Gross proceeds of $685,828 were received in consideration of the issuance of 3,429,139 units of securities of the Company (each, a "Unit") at a price of $0.20 per Unit. Each Unit is comprised of one common share of the Company (each, a "Common Share") and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a "Warrant"), each issued on a "flow-through" basis pursuant to the Income Tax Act (Canada).

Click here to access the entire press release ^[1]

Click here to access Victory Nickel Corporate Site ^[2]

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URLs in this post:

[1] Click here to access the entire press release: http://www.marketwire.com/press-release/Victory-Nickel-Completes-685828-Flow-Through-Financing-TSX-NI-1123942.htm

[2] Click here to access Victory Nickel Corporate Site: http://www.victorynickel.ca/