STOCK TITAN

Tartisan Nickel Corp. Closes Additional $150,000 Flow-Through Financing at $0.20 per Share

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

Tartisan Nickel (OTCQB:TTSRF) closed an additional $150,000 flow-through private placement on December 30, 2025 by issuing 750,000 flow-through shares at $0.20 per share.

Proceeds will be used to advance exploration and development at the company's 100% owned Kenbridge Nickel‑Copper‑Cobalt Project in Kenora, Ontario. The flow-through shares are subject to a four‑month plus one‑day escrow period. A 6% cash commission and 6% broker warrants (exercisable at $0.20, expiring 12 months from issue) were paid to eligible agents. Securities remain subject to regulatory approval and applicable holding periods.

Loading...
Loading translation...

Positive

  • Raised $150,000 through targeted flow-through financing
  • Funds dedicated to Kenbridge exploration and development
  • Broker warrants align agents with near-term financing success

Negative

  • Paid 6% cash commission, reducing net proceeds
  • Issued broker warrants exercisable at $0.20 cause potential near-term dilution
  • Flow-through shares held in escrow for four months + one day

News Market Reaction – TTSRF

-4.93%
1 alert
-4.93% News Effect

On the day this news was published, TTSRF declined 4.93%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Toronto, Ontario--(Newsfile Corp. - December 30, 2025) -  Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA) ("Tartisan" or the "Company") is pleased to announce that the Company has closed an additional an $150,000.00 in flow-through financing through the issuance of 750,000 flow-through shares of the Company at a price of $0.20 per share for an aggregate subscription price of $150,000. 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 cash plus 6% broker warrants were also paid to eligible agents. Each broker warrant is exercisable at $0.20 and expires 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 148,049,041 shares outstanding (152,147,756 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/279209

FAQ

How much did Tartisan (TTSRF) raise in the December 30, 2025 flow-through financing?

Tartisan raised $150,000 by issuing 750,000 flow-through shares at $0.20 per share.

What will Tartisan (TTSRF) use the $150,000 flow-through proceeds for?

The gross proceeds will fund exploration and development at the Kenbridge Nickel‑Copper‑Cobalt Project in Kenora, Ontario.

Are the new Tartisan (TTSRF) flow-through shares subject to any escrow or holding period?

Yes—flow-through shares are subject to a four‑month plus one‑day escrow period and applicable regulatory holding rules.

What compensation was paid to agents for the Tartisan (TTSRF) placement?

A 6% cash commission was paid and 6% broker warrants were issued to eligible agents.

What are the terms of the broker warrants issued by Tartisan (TTSRF)?

Each broker warrant is exercisable at $0.20 and expires 12 months from the date of issue.

Do the securities from the private placement require regulatory approval for Tartisan (TTSRF)?

Yes—securities issued under the private placement are subject to regulatory approval and statutory holding periods.
Tartisan Nickel

OTC:TTSRF

TTSRF Rankings

TTSRF Latest News

TTSRF Stock Data

7.58M
104.15M
Other Industrial Metals & Mining
Basic Materials
Link
Canada
Toronto