BRIEF-RNC Minerals Announces $18 Million Bought Deal Financing

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Dumont Nickel Project - 8.4 billion pounds of nickel resources - Abitibi

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BRIEF-RNC Minerals Announces $18 Million Bought Deal Financing

posted on Aug 26, 2019 07:04PM

2019-08-26 04:09:18 PM ET (Reuters)

Aug 26 (Reuters) - Royal Nickel Corp:

* RNC MINERALS ANNOUNCES $18 MILLION BOUGHT DEAL FINANCING

* RNC MINERALS - AGREED TO PURCHASE, ON A BOUGHT DEAL BASIS, 45 MILLION COMMON SHARES OF COMPANY AT A PRICE OF $0.40 PER COMMON SHARE

* RNC MINERALS- NET PROCEEDS WILL BE USED FOR CONTINUED RAMP UP OF PRODUCTION AT BETA HUNT & INTEGRATION WITH HIGGINSVILLE GOLD OPERATIONS Source text for Eikon: Further company coverage:

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