Brief: Nickel One Announces Proposed Name Change, Revisions To Proposed Share Consolidation And $640,000 Financing

GT Resources

04/04/2019 12:48

April 4 (Reuters) - Nickel One Resources Inc  NNN.V :
    * NICKEL ONE ANNOUNCES PROPOSED NAME CHANGE, REVISIONS TO
PROPOSED
SHARE CONSOLIDATION AND $640,000 FINANCING
    * ANNOUNCED ITS INTENTION TO CHANGE ITS NAME IN CONJUNCTION
WITH
SHARE CONSOLIDATION TO "PALLADIUM ONE MINING INC.
    * NICKEL ONE RESOURCES- CO TO CONSOLIDATE SHARE CAPITAL ON
BASIS
OF 1 NEW COMMON EARNINGS PER SHARE WITHOUT PAR VALUE FOR EVERY 2
EXISTING COMMON EARNINGS PER SHARE WITHOUT PAR VALUE
    * NON-BROKERED PRIVATE PLACEMENT OF UNITS OF CO FOR GROSS
PROCEEDS
OF CDN$640,000
    * NET PROCEEDS FROM PROPOSED FINANCING ARE INTENDED TO PAY
FOR
EXPLORATION OF LK AND TYKO PROJECTS
    * NICKEL ONE RESOURCES - ANNOUNCES NON-BROKERED PRIVATE
PLACEMENT
OF CO UNITS FOR GROSS PROCEEDS OF C$640,000 WHICH CO INTENDS TO
CLOSE POST-CONSOLIDATION, NAME CHANGE

Source text for Eikon:  ID:nGNX1nT33l 
Further company coverage:  NNN.V 

 ((Reuters.Briefs@thomsonreuters.com;))