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First Atlantic Nickel Closes $2.6M Private Placement

First Atlantic Nickel Corp. has closed a no-warrant private placement, raising $2.6M to fund exploration at its Pipestone XL Nickel Alloy Project in Newfoundland. A strategic investor exercised its top-up right to maintain a 9.99% stake.

Record Nickel Recovery at Pipestone XL Project

First Atlantic Nickel reports its highest awaruite nickel-iron-cobalt alloy grades to date from expansion drilling at the Pipestone XL project in Newfoundland, marking a significant step for domestic battery metals.

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