August 30, 2021
Churchill Resources Inc. (TSXV:CRI, Not Rated, Timothy Lee) announced the closing of a non-brokered private placement for gross proceeds of C$2M. The upsized financing consisted of 5M common shares, issued on a charity flow-through basis at C$0.40/sh. We expect the company to use these funds to advance its key projects, including its Taylor Brook Ni project in Newfoundland, its recently optioned Florence Lake Ni project in Labrador (read more here and here), its Pelly Bay Ni and diamond project in Nunavut and its White River diamond project in Ontario. Read more
