Tartisan Nickel Corp. Proposes $1,000,000 Flow-Through Financing at $0.38 per Share

Rhea-AI Summary

Tartisan Nickel (OTCQX:TTSRF) proposes a $1,000,000 non-brokered flow-through financing at $0.38 per share. Proceeds will fund eligible Canadian Exploration Expenses (CEE) and be directed to exploration and development at the Kenbridge Nickel-Copper-Cobalt Project in Northwestern Ontario.

The company may pay finders' fees (cash and/or broker warrants), and the financing is subject to customary closing conditions, regulatory approvals and Canadian Securities Exchange policies. Securities issued will be subject to the statutory hold period under Canadian securities laws.

Positive

• Proposed $1,000,000 flow-through financing to fund exploration
• Proceeds targeted to Kenbridge Nickel-Copper-Cobalt Project exploration
• Funds will be used for eligible Canadian Exploration Expenses (CEE)

Negative

• Financing may include finders' fees (cash and/or broker warrants)
• Issuance of shares may increase share supply and dilute existing holders
• Closing is subject to regulatory approvals and CSE policy conditions

News Market Reaction – TTSRF

+3.44%

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+3.44% News Effect

On the day this news was published, TTSRF gained 3.44%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Toronto, Ontario--(Newsfile Corp. - March 12, 2026) - Tartisan Nickel Corp. (CSE: TN) (OTCQX: TTSRF) (FSE: 8TA) ("Tartisan" or the "Company") is pleased to announce that the Company proposes to complete a non-brokered flow-through financing for gross proceeds of up to $1,000,000 through the issuance of flow-through common shares at a price of $0.38 per share.

The proceeds from the financing will be used to incur eligible Canadian Exploration Expenses (CEE), as defined in the Income Tax Act (Canada), which will be renounced to subscribers, and will be directed toward continued exploration and development activities at the Company's Kenbridge Nickel-Copper-Cobalt Project in Northwestern Ontario.

The Company may pay finders' fees in connection with the financing in accordance with applicable securities regulations, which may include a cash commission and/or the issuance of broker warrants.

The financing is subject to customary closing conditions, including regulatory approvals and the policies of the Canadian Securities Exchange. All securities issued pursuant to the financing will be subject to a statutory hold period in accordance with Canadian securities laws

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) (OTCQX: TTSRF) (FSE: 8TA). Currently, there are 152,215,641 shares outstanding (156,287,356 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/288306

FAQ

What financing did Tartisan Nickel (TTSRF) propose on March 12, 2026?

Tartisan proposed a $1,000,000 non-brokered flow-through financing at $0.38 per share. According to the company, proceeds will fund eligible Canadian Exploration Expenses and exploration at the Kenbridge project in Northwestern Ontario.

How will Tartisan Nickel (TTSRF) use proceeds from the $1,000,000 financing?

Proceeds will be used to incur eligible Canadian Exploration Expenses (CEE) and support exploration and development at Kenbridge. According to the company, these expenses will be renounced to subscribers under the Income Tax Act (Canada).

Will Tartisan Nickel (TTSRF) pay fees or warrants related to the financing?

The company may pay finders' fees, including a cash commission and/or issuance of broker warrants. According to the company, any fees will comply with applicable securities regulations.

What conditions must be met before Tartisan Nickel (TTSRF) closes the financing?

Closing is subject to customary conditions, including regulatory approvals and Canadian Securities Exchange policies. According to the company, these approvals must be obtained before securities are issued.

Will securities from Tartisan Nickel's (TTSRF) financing be immediately tradable?

No; securities issued will be subject to the statutory hold period under Canadian securities laws. According to the company, the hold period will restrict resale until the statutory timeframe expires.