Power Nickel arranges $20-million flow-through offering

Jun 16, 2024

2024-06-13 09:11 ET – News Release   Mr. Terry Lynch reports MINING ALL STARS BACK UP TO $20 MILLION INVESTMENT IN POWER NICKEL Power Nickel Inc. plans to conduct a flow-through offering for gross proceeds of up to $20-million, through the issuance of up to 16 million flow-through units (the FT units) at a price of $1.25 per FT unit. Each FT unit comprises one flow-through common share and one-half share purchase warrant, with each warrant exercisable to purchase one common share at...

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Kitco.com: The world is going to need more gold

Jun 16, 2024

https://kitco.com/news/article/2024-06-14/world-going-need-more-gold   (Kitco News) – Last week, we warned investors that goldā€™s selloff was an overreaction to misunderstood fundamental news. Blackbox (algorithmic trading) gold traders, who have been relying on Chinese central bank buying, were spooked when data from the Peopleā€™s Bank of China showed that it didnā€™t increase its reserves last month, ending an 18-month shopping spree. Gold managed to hold critical support at...

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