Tartisan Nickel Corp. Closes $1,050,000 Flow-Through Private Placement

Tartisan Nickel Corp (OTCQB:TTSRF) closed a $1,050,000 flow-through private placement on December 4, 2025.

Rhea-AI Summary

Tartisan Nickel Corp (OTCQB:TTSRF) closed a $1,050,000 flow-through private placement on December 4, 2025. The company issued 9,130,433 flow-through shares at $0.115 per share for aggregate proceeds of $1,050,000. Proceeds will be used to advance exploration and development at the company’s 100% owned Kenbridge Nickel‑Copper‑Cobalt Project in the Kenora Mining District, Northwestern Ontario.

A 4‑month plus one‑day escrow/holding period applies to the flow‑through shares. Agents received a 6% commission in share equivalent and 6% broker warrants exercisable at $0.115 and expiring 12 months from issue. Issuance is subject to regulatory approval and applicable statutory holding periods.

Positive

• Raised $1,050,000 in flow-through financing
• Issued 9,130,433 flow-through shares at $0.115 each
• Proceeds designated to advance Kenbridge nickel-copper-cobalt exploration
• Company retains 100% ownership of the Kenbridge project

Negative

• Issued 9,130,433 new shares, diluting existing shareholders
• Agents paid 6% commission in shares plus 6% broker warrants
• Flow-through shares subject to 4-month + 1 day escrow limiting liquidity
• Broker warrants exercisable at $0.115 for 12 months, potential further dilution

Argus Dec 4 session

+10.62% close to close Open Argus

Details

News Market Reaction – TTSRF

In the Dec 4 session, TTSRF gained 10.62%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock surged +10.6% in the session following this news. A strong positive reaction aligns with r...

Analysis

The stock surged +10.6% in the session following this news. A strong positive reaction aligns with recent history, where funded advancement of the Kenbridge project and operational milestones coincided with gains of 10.62% and 15.71%. The $1,050,000 flow-through placement adds capital specifically earmarked for exploration and development. Investors monitoring sustainability would watch for execution on the Kenbridge drill program, potential further financings, and any signs of financing fatigue that could temper enthusiasm.

Key Figures

Private placement proceeds: $1,050,000 Flow-through shares issued: 9,130,433 shares Issue price: $0.115 per share +5 more

Private placement proceeds

$1,050,000

Flow-through private placement closed December 4, 2025

Flow-through shares issued

9,130,433 shares

Shares issued in flow-through private placement

Issue price

$0.115 per share

Pricing of flow-through private placement shares

Escrow period

4 months and 1 day

Holding period on flow-through shares from closing date

Agent commission

6% in share equivalent

Commission paid to eligible agents

Broker warrants rate

6% broker warrants

Warrants granted to eligible agents

Broker warrant exercise price

$0.115

Exercise price of broker warrants

Broker warrant term

12 months

Expiry from date of issue for broker warrants

Historical Context

3 past events · Latest: Dec 05

3 events

1. Dec 05

   Drilling mobilization

   24h Move

   +15.7%

   Rodren Drilling crews and equipment mobilized for Phase 1 at Kenbridge.

2. Dec 04

   Equity financing

   24h Move

   +10.6%

   Closed $1,050,000 flow-through private placement to fund Kenbridge work.

3. Nov 20

   Drill program mandate

   24h Move

   -3.1%

   Engaged Rodren Drilling for 3,600m Phase 1 diamond drill program.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

flow-through private placement, flow-through shares, escrow period, broker warrants, +1 more

5 terms

flow-through private placement financial

"has closed a $1,050,000.00 Flow-Through private placement."

A flow-through private placement is a way for a company—commonly in natural resources or exploration—to raise money by selling shares that carry tax benefits passed on to the buyer. The company agrees to allocate certain tax-deductible expenses to investors, so buyers can claim those deductions on their tax returns; for investors this can reduce their tax bill and improve after-tax returns. It matters because it makes financing easier for companies with high upfront costs while affecting existing shareholders through dilution and attracting investors seeking tax advantages.

flow-through shares financial

"9,130,433 flow-through shares of the Company have been issued"

Flow-through shares are a special class of stock that lets a company pass eligible tax deductions for activities like resource exploration or development directly to the investor who buys the shares. For investors this can lower taxable income and reduce tax bills, making the investment more tax-efficient and partially offsetting higher risk—think of it as getting a tax rebate that helps pay for a riskier bet on future resource discoveries.

escrow period regulatory

"The flow through shares are subject to a four month and one day escrow period"

An escrow period is a set length of time during which shares, funds, or other assets are held by a neutral third party and cannot be freely transferred or sold until certain conditions are met. For investors, it matters because it prevents large holders from immediately dumping shares and affecting the market price, and it guarantees that agreed milestones or paperwork are completed before money or ownership changes hands — like a time‑locked safety deposit box that opens only when agreed rules are satisfied.

broker warrants financial

"plus 6% broker warrants were also paid to eligible agents."

Broker warrants are short-term coupons given to underwriters or brokers during a share sale that let them buy company stock at a fixed price before a set date. They matter to investors because exercising those coupons can increase the number of shares outstanding, diluting existing holdings, and they create potential future selling pressure or upside depending on whether the exercise price is attractive—like a temporary option to buy at a discount.

statutory holding periods regulatory

"subject to regulatory approval and to applicable statutory holding periods."

Statutory holding periods are minimum times set by law or regulation that a person must keep certain securities before selling or transferring them. Think of it like a time-locked box or cooling-off period: the rule limits how quickly you can turn the asset into cash, affects when gains are realized for tax purposes, and prevents immediate trading that could break disclosure or insider-trading rules, so investors must plan around reduced liquidity and compliance deadlines.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Toronto, Ontario--(Newsfile Corp. - December 4, 2025) - Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA) ("Tartisan" or the "Company") is pleased to announce that the Company has closed a $1,050,000.00 Flow-Through private placement. 9,130,433 flow-through shares of the Company have been issued at the price of $0.115 per share for an aggregate subscription price of $1,050,000. The flow through shares are subject to a four month and one day escrow period from the Closing date.

The gross proceeds will be used to advance exploration and development work at the Company's 100% owned Kenbridge Nickel-Copper-Cobalt Project, located in the Kenora Mining District, Northwestern, Ontario.

A 6% commission was paid in share equivalent plus 6% broker warrants were also paid to eligible agents. Each broker warrant is exercisable at $0.115 and expire twelve months from date of issue.

The securities issued under this private placement are subject to regulatory approval and to applicable statutory holding periods.

About Tartisan Nickel Corp.

Tartisan Nickel Corp. is a Canadian-based critical minerals exploration and development company which owns, the Kenbridge Nickel Project near Sioux Narrows, Northwestern Ontario; the Sill Lake Silver Property near Sault Ste. Marie, Ontario as well as the Night Danger Turtle Pond project near Dryden, Ontario.

Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA). Currently, there are 140,674,041 shares outstanding (144,310,756 fully diluted).

For further information, please contact Mark Appleby, President & CEO, and a Director of the Company, at 416-804-0280 (info@tartisannickel.com). Additional information about Tartisan Nickel Corp. can be found at the Company's website at www.tartisannickel.com or on SEDAR at www.sedarplus.ca.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276894

FAQ

How much did Tartisan Nickel (TTSRF) raise in the December 4, 2025 flow-through private placement?

Tartisan raised $1,050,000 through the flow-through private placement.

How many flow-through shares did Tartisan issue and at what price in the TTSRF financing?

The company issued 9,130,433 flow-through shares at $0.115 per share.

What will Tartisan Nickel use the $1,050,000 in proceeds for (TTSRF)?

Proceeds will be used to advance exploration and development at the 100% owned Kenbridge Nickel‑Copper‑Cobalt Project in Northwestern Ontario.

What agent fees and warrants were issued in the Tartisan (TTSRF) private placement?

Agents received a 6% commission in share equivalent plus 6% broker warrants exercisable at $0.115 expiring 12 months from issue.

Are the flow-through shares from Tartisan (TTSRF) immediately tradable?

No; the flow-through shares are subject to a four month and one day escrow/holding period and regulatory approval.