Dual-listed Royal Nickel Corporation (RNC) has completed its non-brokered private placement financing, having issued a total of 3 274 000 flow-through shares of the company at a price of $0.51 per flow-through share, for gross proceeds of $1.7-million. The proceeds from the offering will be used to fund Canadian exploration expenses (CEE) related to RNC’s Qiqavik property, located in norther Québec. Qiqavik is an exploration stage property held by RNC through its 68%-owned subsidiary True North Nickel (TNN).
