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Nickel Creek Platinum Corp T.NCP

Alternate Symbol(s):  NCPCF

Nickel Creek Platinum Corp. is a Canada-based mining exploration and development company. The Company’s principal business activity is the exploration and evaluation of nickel and platinum group metals (PGM) mineral properties in North America. The Company’s flagship asset is its 100%-owned nickel-copper PGM project, located in the Yukon Territory, Canada (Nickel Shaw Project). The Nickel Shaw project is located in the southwest of Canada's Yukon Territory, approximately 317 kilometres (km) northwest (NW) of the capital, Whitehorse. The Project has exceptional access to infrastructure, located three hours west of Whitehorse via the paved Alaska Highway, which further offers year-round access to deep-sea shipping ports in southern Alaska. The Company also maintains environmental baseline activities, considers optimization alternatives and seeks other opportunities.


TSX:NCP - Post by User

Bullboard Posts
Post by Homeboneon Jun 29, 2017 1:02pm
252 Views
Post# 26420104

Outstanding Shares

Outstanding SharesHere is what has happened (since the May 11 published share structure) and what we can expect for the remainder of 2017:

All of the outstanding Options (659,000) should expire on August 7 (exercise prices of $1.15/$1.16)

On June 21, 8,086,264 Warrants expired (exercise price of $0.60) with the next set not until November 2020

Potentially 1,510,000 SARS will expire on September 12, depending on our share price (exercise prices of $0.40/$0.57/$0.61)

This potentially leaves us with 10,255,264 less F/D Share Outstanding by mid September.  This would bring us down to ~285,000,000 total.

The problem is that we will definitely need to raise money at some point, the question is when and how much...

HB

Bullboard Posts