Nickel Creek Platinum Announces Close of Non-Brokered Private Placement
NICKEL CREEK PLATINUM ANNOUNCES CLOSE OF 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/
OAKVILLE, ONTARIO, May 14, 2025 – Nickel Creek Platinum Corp. (TSXV: NCP) ("Nickel Creek" or the
"Company”) has closed its previously announced non -brokered private placement (the “ Private
Placement”) pursuant to which the Company issued a total of 584,000 units (the “Units”) of the Company
to Electrum Strategic Opportunities Fund L.P. (“Electrum”) at a price of $0.60 per Unit for gross proceeds
of approximately $350,000. Each Unit consists of one common share in the capital of the Company (each,
a “Common Share”) and one common share purchase warrant (each, a “ Warrant”), with each Warrant
exercisable into one additional Common Share (each, a ‘Warrant Share”) at an exercise price of $0.60 for
a period of three (3) years from the date of closing.
The net proceeds from the Private Placement will be used for general corporate purposes.
All Common Shares issued, and Warrant Shares made issuable, under the Private Placement are subject
to a statutory hold period of four months and one day from the date of closing.
Pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions
(“MI 61-101”), the Private Placement constituted a “related party transaction” as Electrum is a related party
of the Company, given it holds greater than 10% of the outstanding Common Shares. The Company relied
on exemptions from the formal valuation and minority shareholder approval requirements provided under
sections 5.5(a) and 5.7(1)(a) of MI 61-101 on the basis that participation in the Offering by Electrum did not
exceed 25% of the fair market value of the Company's market capitalization , as calculated in accordance
with MI 61-101.
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 V: NCP; OTCQB: NCPCF) is a Canadian mining exploration and
development company and its 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 including 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 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.
Neither the TSXV nor its Regulation Service Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this news release.
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 the use of forward -looking terminology such as "may",
"will", "expect", "intend", "believe", "contin ue", "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 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 assumptions, 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 informat ion form, and other continuous disclosure filings which
are available at www.sedarplus.ca. 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