FIRST ATLANTIC NICKEL ANNOUNCES $1M PREMIUM NO WARRANT CHARITY FLOW THROUGH PRIVATE PLACEMENT
Summary
In the event that the Company is unable to renounce the issue price for the Charity FT Shares on or prior to December 31, 2026 for each Charity FT Share purchased and/or if the Qualifying Expenditures are reduced by the Canada Revenue Agency, the Company will as sole recourse for such failure to renounce, indemnify each Charity FT Share subscriber for the additional taxes payable by such subscriber to the extent permitted by the Tax Act as a result of the Companys failure to renounce the Qualifying Expenditures as agreed.No warrants will be issued in connection with this Offering, and no commissions or finders fees will be paid.For further information, questions, or investor inquiries, please contact Rob Guzman at First Atlantic Nickel by phone at +1-844-592-6337 or via email at rob@fanickel.com.The Offering is subject to the receipt of all necessary regulatory and other approvals, including, but not limited to, acceptance of the TSX Venture Exchange. Awaruites properties allow for smelter-free magnetic separation and concentration, which could strengthen North Americas critical minerals supply chain by reducing foreign dependence on nickel smelting. The company is positioned to meet the growing demand for responsibly sourced nickel that complies with the critical mineral requirements for eligible clean vehicles under the US IRA. With its commitment to responsible practices and experienced team, First Atlantic is poised to contribute significantly to the nickel industrys future, supporting the transition to a cleaner energy landscape. This mission gained importance when the US added nickel to its critical minerals list in 2022, recognizing it as a non-fuel mineral essential to economic and national security with a supply chain vulnerable to disruption.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.This news release may include "forward-looking information" under applicable Canadian securities legislation.