First Atlantic Nickel & Cobalt raises $3.49 million flow-through placement to advance Pipestone XL project

Bitget2026/10/06 11:13

First Atlantic Nickel & Cobalt closed a no-warrant, non-brokered flow-through share placement raising CAD 3.49 million at CAD 0.83 per share. Total gross proceeds raised since September 2026 reached about CAD 13.4 million, strengthening funding for the Pipestone XL nickel-cobalt alloy project. Proceeds earmarked to expand drilling at Alloy Max, step up work at the RPM Zone, test new targets across the 30-kilometer trend. Funding also supports building an exploration access road toward the Atlantic Lake Zone to open additional areas for drilling and stripping. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Atlantic Nickel & Cobalt Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610060713PRIMZONEFULLFEED9840299) on October 06, 2026, and is solely responsible for the information contained therein.

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