Fort St. James Nickel Corp. announces financing
888 Dunsmuir Street, Suite 888, Vancouver, B.C. V6C 3K4
Tel: 604-488-3900; Fax: 604-488-3910
Date: February 12, 2018 News Release
Fort St. James Nickel Corp. announces financing
Vancouver, British Columbia: Fort St. James Nickel Corp. (TSX-V: FTJ.H) (“FTJ” or the “Company”)
is pleased to announce that it intends to carry out a non -brokered private placement (the “ Private
Placement”) of up to 1,000,000 units (the “ Units”) at a price of $0. 35 per Unit for aggregate gross
proceeds of up to $350,000.
Each Unit will consist of one common share of the Company (a “ Share”) and one transferrable common
share purchase warrant (a “ Warrant”). Each Warrant will entitle the holder to purchase one additi onal
Share (a “Warrant Share”) at a price of $0.50 per Warrant Share for a period of twelve (12) months from
the date of issuance. The term of the warrants may be accelerated in the event that the issuer's shares trade
at or above a price of $1.00 per share for a period of 10 consecutive days. In such case of accelerated
warrants, the issuer may give notice, in writing or by way of news release, to the subscribers that the
warrants will expire 30 days from the date of providing such notice.
The proceeds fr om the Private Placement will be used for general working capital purposes and
exploration work on the Company’s Porcupine Preciouses and Base Metal, REE property located in New
Brunswick.
The Company may also pay finders’ fees in connection with the Private Placement in accordance with the
policies of the TSX Venture Exchange. All of the securities to be issued under the Private Placement will
be subject to a four-month resale restriction. The Private Placement remains subject to the approval of the
TSX Venture Exchange.
ON BEHALF OF THE BOARD
“Barry Brown”
President
Fort St James Nickel Corp. 604-488-3900
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities
described herein in the United States. The securities described herein have not been registered under the United
States Securities Act of 1933 , as amended (the “U.S. Securities Act”), or any state securities law and may not be
offered or sold in the “United States”, as such term is defined in Regulation S promulgated under the U.S. Securities
888 Dunsmuir Street, Suite 888, Vancouver, B.C. V6C 3K4
Tel: 604-488-3900; Fax: 604-488-3910
Act, unless registered under the U.S. Securities Act
and applicable state securities laws or an exemption from such registration requirements is available.
Forward-Looking Statements
Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts
about the business and the industry and markets in which the Company operates, including that: the current price of
and demand for minerals being targeted by the Company will be sustained or will improve; the Company’s current
exploration programs and objectives can be achieved; results of exploration activities; the Company will be able to
obtain required exploration licences and other permi ts; general business and economic conditions will not change in
a material adverse manner; financing will be available if and when needed on reasonable terms; the Company will
not experience any material accident; and the Company will be able to identify a nd acquire additional mineral
interests on reasonable terms or at all. Forward -looking statements are not guarantees of future performance and
involve risks, uncertainties and assumptions which are difficult to predict. Investors are cautioned that all for ward-
looking statements involve risks and uncertainties, including: that resource exploration and development is a
speculative business; that the Company may lose or abandon its property interests or may fail to receive necessary
licences and permits; equi pment breakdowns; labour disputes; the increase in cost estimates and the potential for
unexpected costs and expenses; the results of exploration activities; that environmental laws and regulations may
become more onerous; that the Company may not be able to raise additional funds when necessary; potential defects
in title to the Company’s properties; fluctuating prices of commodities; operating hazards and risks; competition;
potential inability to find suitable acquisition opportunities and/or complete th e same; and other risks and
uncertainties listed in the Company’s public filings. These risks, as well as others, could cause actual results and
events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements and
information, which are qualified in their entirety by this cautionary statement. Factors that could cause actual results
to differ materially from those in forward -looking statements include exploitation and exploration successes or lack
thereof, continued availability of financing, and general economic, market or business conditions. There can be no
assurance that forward -looking information, or the material factors or assumptions used to develop such forward
looking information, will prove to be acc urate. The Company does not undertake any obligations to release publicly
any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.
Neither TSX Venture Exchange nor its Regulation Services Provid er (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.