Tartisan Nickel Corp. Closes the Second Tranche of the $4,482,000 Flow-Through Financing at $0.57 PER Unit
44 Victoria Street, Suite 1102, Toronto, Ontario, Canada M5C 1Y2
PRESS RELEASE: FOR IMMEDIATE RELEASE
TARTISAN NICKEL CORP. CLOSES THE SECOND TRANCHE OF THE
$4,482,000 FLOW-THROUGH FINANCING AT $0.57 PER UNIT
Toronto, Canada, June 21, 2021 – Tartisan Nickel Corp. (CSE:TN; OTC:TTSRF;
FSE:A2D) (“Tartisan” or the “Company”) is pleased t o announce that the Company has closed
the second tranche of the $4,482,022.29 flow-through financing. The second tranche was
comprised of 4,526,400 flow-through units of the Company at the price of $0. 57 per unit for an
aggregate subscription price of $ 2,580,048. Each unit comprise s one flow-through share and
one-half of one warrant. Each full warrant will entitle the holder thereof to acquire one additional
common share of the Company exercisable at a price of $0.85 per warrant share for a period of 2
years from the Closing date. A finder’s commission of 6% cash and 6% brokers warrants w ill be
paid to eligible agents. The units issued under the flow -through financing are subject to a hold
period expiring four months and one day from the closing date of the tranche.
The proceeds from the flow -through financing will be used to fund the exploration and
development of th e Company’s flagship Kenbridge Nickel Project, Atikwa Lake Area, Kenora
Mining District, Ontario. The Technical Report and Updated Mineral Resource E stimate of the
Kenbridge Nickel Project (SEDAR, June 1, 202 1), provides recommendations for a surface
exploration and a definition drilling plan, in addition to geotechnical, metallurgical and
environmental work to advance the Kenbridge Nickel Project. The Company has commenced the
work program as outlined in the Technical Report and intends to implement a summer 2021 drill
program.
About Tartisan Nickel Corp.
Tartisan Nickel Corp. is a Canadian based mineral exploration and development company which
owns; the Kenbrid ge Nickel Project in northwestern Ontario; the Sill Lake Silver Property in
Sault Ste. Marie, Ontario as well as the Don Pancho Manganese -Zinc-Lead-Silver Project in
Peru. The Company has an equity stake in; Eloro Resources Limited, Class 1 Nickel and
Technologies Limited, Peruvian Metals Corp. and Silver Bullet Mines Inc.
Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (C SE:TN;
OTC:TTSRF; FSE:A2D). There are currently 113,196,329 shares outstanding (117,627,110 fully
diluted).
For further information, plea se contact Mark Appleby, President & CEO and a Director of the
Company, at 416 -804-0280 ( [email protected]). Additional information about Tartisan
Nickel Corp. can be found at the Company’s website at www.tartisannickel.com or on SEDAR
at www.sedar.com.
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.