Power Nickel closes C$28.2M brokered private placement

What's the deal? Power NickelDealroom has a profile for this one. Try Dealroom → has closed a brokered private placement, raising gross proceeds of $28,228,750.

The company sold 22,583,000 listed shares at $1.25 each.

Why now? The raise follows a string of disclosures from the company dated late May through mid-June 2026, signalling a push to lock in capital.

The signal: The placement aligns with Power Nickel's mandate of being developed to meet demand for multiple battery metals, with the $28.2M raise giving the mature-stage explorer runway to advance its projects amid sustained appetite for nickel and other inputs critical to the energy transition.

Read more: Stockwatch

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