Brief: Fpx Nickel Announces $12 Mln Equity Investment From New Corporate Strategic Investor
29/11/2022 12:21
Nov 29 (Reuters) - FPX Nickel Corp FPX.V :
* FPX NICKEL ANNOUNCES $12 MILLION EQUITY INVESTMENT FROM
NEW
CORPORATE STRATEGIC INVESTOR
* FPX NICKEL CORP- UNDER TERMS OF PRIVATE PLACEMENT, CO WILL
ISSUE
24 MILLION COMMON SHARES IN CAPITAL OF CO TO STRATEGIC INVESTOR
AT $0.50 PER COMMON SHARE
* FPX NICKEL- UPON COMPLETION OF PRIVATE PLACEMENT,
STRATEGIC
INVESTOR TO OWN ABOUT 9.95% OF CO'S ISSUED, OUTSTANDING COMMON
SHARES ON NON-DILUTED BASIS
Source text for Eikon: ID:nCNWwScj9a
Further company coverage: FPX.V
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