Fathom Nickel Inc. is pleased to announce that, based on strong demand for its previously announced non-brokered private placement financing , the Company has upsized the gross proceeds from C$705,000 to up to C$1,500,000 . All other terms of the Upsized Offering remain unchanged: the Upsized Offering will consist of units at $0.03 per Unit of the Company. Each Unit shall consist of one common share in the capital of the [...]
Further to its December 24, 2024 press release, Fathom Nickel Inc. announces that it has closed its non-brokered offering of flow-through units and non flow-though units , as first announced on November 15, 2024. Pursuant to the Offering, the Company issued 8,550,000 flow-through common share units at a price per FT Unit of $0.04 for gross proceeds of $342,000, and 1,600,714 non-flow through Units at a price per NFT Unit [...]
Fathom Nickel Inc. is pleased to provide management's review of the Company's activities from 2024 and a preliminary outlook for 2025. Amid a challenging junior capital markets and commodity price landscape, Fathom has made several significant advances in 2024 at both its magmatic nickel sulphide projects: Gochager Lake and Albert Lake projects in north-central Saskatchewan. The Company continues to attract the interest [...]
Fathom Nickel Inc. is pleased to announce that it has closed the first tranche of its non-brokered offering of flow-through units and non flow-though units , previously announced on November 15, 2024. Pursuant to the Offering, the Company issued 8,550,000 flow-through common share units at a price per FT Unit of $0.04 for gross proceeds of $342,000, and 1,600,714 non-flow through Units at a price per NFT Unit of $0.035 [...]
Further to its press release of November 12, 2024, Fathom Nickel Inc. would like to provide clarification with respect to its proposed private placement of flow-through units and hard dollar units . The Company is issuing up to 7,500,000 FT Units at a price of $0.04 per FT Unit for gross proceeds of $300,000 and up to 21,500,000 HD Units at a price of $0.035 per HD Unit for gross proceeds of $752,500. The collective [...]
Further to its press release of November 4, 2024, Fathom Nickel Inc. is pleased to announce the addition of a flow-through unit component to the financing as well as an amendment to the pricing of the proposed private placement of hard dollar units . Due to demand, the Company is adding a FT Unit component to its non-brokered offering . Each FT Unit, expected to be offered at a price of $0.04, is comprised of one common [...]
Fathom Nickel Inc. is pleased to announce a proposed private placement of units . Each unit is comprised of one common share and one-half of a transferable Common Share purchase warrant with one whole Warrant entitling the holder to acquire one Common Share for a period of 36 months from issuance at an exercise price of $0.07. The Offering is expected to be completed on a non-brokered basis under the listed issuer [...]
Drone MAG survey highlights include: Multiple and significant magnetic anomalies neatly correlate with numerous multi-element anomalies defined by the recently completed soil geochemistry program . Areas of higher MAG intensity, directly associated with Ni-Cu-Co-Cr±Mg in soil anomalies, are further evidence of both extensions of known mafic to ultramafic rock in the subsurface at the Gochager Lake Property, as well as [...]
Prospecting highlights include: An outcrop grab sample returned 2.68 g/t Au within an anomalous gold zone approximately 14km along strike of the Ramp Metals Inc. Ranger gold discovery . In addition to the gold results, 13 outcrop grab samples are classified as anomalous in Mg-Cr-Ni-Co,, suggesting the presence of mafic-ultramafic intrusives and possible magmatic nickel sulphide mineralization also occurring within the [...]
Fathom Nickel Inc. is pleased to provide final results from the extremely successful June soil and rock geochemistry program completed at the Company's 22,000+ ha Gochager Lake Property . In overview, the results clearly demonstrate that the geochemical footprint of the Gochager Lake deposit has been extended by up to four kilometers along trend . Please join Ian Fraser, CEO in a webinar discussion today at 8:30AM MDT for [...]
Fathom Nickel Inc. CEO Ian Fraser joined Proactive's Stephen Gunnion with an exploration update on the company's Gochager Lake property. The recent field program included an extensive soil geochemical survey aimed at identifying signals over the historic deposit, which can be used to locate similar deposits elsewhere on the property. Mapping and sampling of outcrops showed subsurface signals extending up to 400 metres [...]
Fathom Nickel Inc. is pleased to provide the preliminary results from the field exploration program at the Company's 22,000+ ha Gochager Lake Property. The recently completed field program consisted of mapping, prospecting, detailed soil geochemistry analysis and detailed in-field core analysis. Highlights of recent activity include: Field crews mobilized to the project June 12th and completed field activities on June [...]
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