Highlights Canada Nickel to receive flow through funding of $34.7 million Agnico Eagle to become a 12% shareholder
Canada Nickel Company Inc. has completed a brokered private placement consisting of 19,600,000 units of the Company at a price of C$1.77 per Flow-Through Unit, with each unit consisting of one flow-through common share of the Company and 0.35 of one flow-through common share purchase Warrant , as more particularly described below, for aggregate gross proceeds of C$34,692,000 . Following closing of the Offering, Agnico Eagle Mines Limited acquired the units, and as a result, holds approximately 12% of the Company's issued and outstanding common shares on a non-diluted basis, and 15.6% on a partially-diluted basis . "We are very pleased to welcome Agnico Eagle, one...