Fathom Nickel (OTCQB:FNICF) announced non-brokered private placement financing; that the company has upsized the gross proceeds from C$705K to up to C$1.5M.
All other terms of the upsized offering remain unchanged: the upsized offering will consist of units at $0.03 per unit of the company.
Each unit shall consist of one common share in the capital of the company and one transferable common share purchase warrant.
The net proceeds will be used for exploration and development of the Company’s Gochager Lake Project and for working capital and general corporate purposes.