Sentient to join North American Nickel's $3.1 mln financing

Vancouver-based mining company North American Nickel Inc (TSX-V: NAN) has launched a non-brokered private placement offering that is expected to raise about $3.1 million. The offering will be made available to certain subscribers, including the Sentient Group, a resource private equity firm based in the Cayman Islands. Sentient currently holds about 62 percent of the company's issued and outstanding shares. North American Nickel said it will use the proceeds for a work program and additional exploration and drilling activities at its Maniitsoq nickel-copper-platinum-group-elements project in Greenland.

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