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

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

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.