Nickel Creek Platinum Announces Completion of Previously Announced Non- Brokered Private Placement
NICKEL CREEK PLATINUM ANNOUNCES COMPLETION OF PREVIOUSLY ANNOUNCED NON-
BROKERED PRIVATE PLACEMENT
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION
OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES/
TORONTO, May 16, 2023 – Nickel Creek Platinum Corp. (TSX: NCP) ("Nickel Creek" or the "Company”)
today has confirmed, further to its news releases of April 24, 2023 and May 11, 2023 (the “Previous News
Releases”), the completion of its non-brokered private placement (the “ Private Placement”) pursuant to
which the Company has issued an aggregate of 31,503,656 units (“ Units”) for gross proceeds of
approximately $1.4 million. The Company has confirmed that there will be no further tranches with respect
to the Private Placement.
As previously disclosed, the Units were priced at $0.045 with each Unit consisting of one common share of
the capital of the Company (each, a “ Common Share”) and one-half of one common share purchase
warrant (each whole common share purchase warrant, a “Warrant”), with each Warrant exercisable for one
Common Share (each, a “Warrant Share”) at an exercise price of $0.08 for a period of three (3) years from
the date of issuance, subject to adjustment upon certain customary events. Further details with respect to
the Private Placement are set out in the Previous News Releases.
The Private Placement is subject to the final approval of the Toronto Stock Exchange.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in
the United States nor shall there be any sale of the securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful . The securities have not been and will not be registered under the
United States Securities Act of 1933, as amended (the “1933 Act”), or any state securities laws and may
not be offered or sold in the United States unless registered under the 1933 Act and any applicable
securities laws of any state of the United States or an applicable exemption from the registration
requirements is available.
About Nickel Creek Platinum Corp.
Nickel Creek Platinum Corp. (TSX: NCP; OTCQB: NCPCF) is a Canadian mining exp loration and
development company and its flagship asset is its 100% -owned Nickel Shäw Project. The Nickel Shäw
Project is a large undeveloped nickel sulphide project in one of the most favourable jurisdictions in the
world, with a unique mix of metals incl uding copper, cobalt and platinum group metals. The Nickel Shäw
Project has exceptional access to infrastructure, located three hours west of Whitehorse via the paved
Alaska Highway, which further offers year-round access to deep-sea shipping ports in southern Alaska.
The Company is led by a management team with a proven track record of successful discovery,
development, financing and operation of large -scale projects. Our vision is to create value for our
shareholders by becoming a leading North American nickel, copper, cobalt and PGM producer.
Cautionary Note Regarding Forward-Looking Information
This news release includes certain information that may be deemed "forward-looking information". Forward-
looking information can generally be identified by th e use of forward -looking terminology such as "may",
"will", "expect", "intend", "believe", "continue", "plans" or similar terminology, or negative connotations
thereof. All information in this release, other than information of historical facts, including, without limitation,
statements relating to the Private Placement , the timing of closing of the Private Placement , insider
participation in the Private Placement, completion of the PFS, and general future plans and objectives for
the Company and the Nickel Shäw Project, are forward-looking information that involve various risks and
uncertainties. Although the Company believes that the expectations expressed in such forward -looking
information are based on reasonable assumptions, such expectations are not guarantees of future
performance and actual results or developments may differ materially from those in the forward -looking
information.
For more information on the Company and the key ass umptions, risks and challenges with respect to the
forward-looking information discussed herein, and about our business in general, investors should review
the Company's most recently filed annual information form, and other continuous disclosure filings w hich
are available at www.sedar.com. Readers are cautioned not to place undue reliance on forward -looking
information. The Company does not undertake to update any forward -looking information, except in
accordance with applicable securities laws.
Nickel Creek Platinum Contact:
Stuart Harshaw
President & Chief Executive Officer
1-416-304-9318