By Sheri Kasprzak
New York, Dec. 6 - Hard Creek Nickel Corp. said it has finished a private placement for C$1.3 million.
The non-brokered deal included 1 million non flow-through units at C$0.40 each and 2 million flow-through units at C$0.45 each.
The non flow-through units consist of one share and one warrant. The warrants are exercisable at C$0.45 each for one year.
The flow-through units are comprised of one flow-through share and one half-share warrant. The whole warrants are exercisable at C$0.50 each for one year.
Kingsdale Capital Markets Inc. was the placement agent.
Based in Vancouver, B.C., Hard Creek is a mineral exploration company.
| Issuer: | Hard Creek Nickel Corp.
|
| Issue: | Non flow-through units of one share and one warrant and flow-through units of one share and one half-share warrant
|
| Amount: | C$1.3 million
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| Placement agent: | Kingsdale Capital Markets Inc.
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| Settlement date: | Dec. 5
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| Stock price: | C$0.39 at close Dec. 5
|
|
|
| Non flow-through units
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| Units: | 1 million
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| Price: | C$0.40
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| Warrants: | One warrant per unit
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| Warrant expiration: | One year
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| Warrant strike price: | C$0.45
|
|
|
| Flow-through units
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| Units: | 2 million
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| Price: | C$0.45
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| Warrants: | One half-share warrant per unit
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| Warrant expiration: | One year
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| Warrant strike price: | C$0.50
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