Tech Company Financing Transactions
Power Nickel Funding Round
Power Nickel secured a $1.6 million funding round on 1/9/2024. Investors included .
Transaction Overview
Company Name
Announced On
1/9/2024
Transaction Type
Venture Equity
Amount
$1,630,000
Round
Undisclosed
Investors
No investors have been recorded for this company.
Proceeds Purpose
The Company intends to use the proceeds from the sale of the FT Shares for exploration activities on the Company's NISK property located in Quebec and to incur eligible Canadian exploration expenses, within the meaning of the ITA, that will qualify for the federal 30% Critical Mineral Exploration Tax Credit.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
82 Richmond St East, The Canadian Venture Building 202
Toronto, ON, M5C 1P1
Canada
Toronto, ON, M5C 1P1
Canada
Phone
Website
Email Address
Overview
Power Nickel is a Canadian junior exploration company focusing on high-potential nickel, copper, gold, and other battery metal prospects in Canada and Chile. Power Nickel is also 100 percent owner of five properties comprising over 50,000 acres strategically located in the prolific iron-oxide-copper-gold belt of northern Chile.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Peter Kent
Chief Executive Officer
Terry Lynch
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