SPC Nickel Corp.: SPC Nickel Closes $7.82 Million Over-Subscribed Private Placement and Files Preliminary Prospectus
SPC Nickel Corp. (
"Company") (formerly Sudbury Platinum Corp.)
is pleased to announce it has closed an over-subscribed non-brokered private placement of the Company raising gross proceeds of $7,823,158 (
the "Offering). In addition, the Company and has filed a preliminary prospectus with the securities regulatory authorities in Ontario, Alberta and British Columbia in connection with an application to list its common shares (the "Common Shares") on the TSX Venture Exchange. The Offering was led by strategic investment partner Dundee Goodman Merchant Partners (DGMP) and represents a significant milestone in the Company's path towards a public listing targeted for Q1 of 2021 (see press release dated August 25, 2020).