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Bullboard - Stock Discussion Forum Northisle Copper and Gold Inc V.NCX

Alternate Symbol(s):  NTCPF

Metals & Mining Industrial Metals & Minerals
Northisle Copper and Gold Inc. is a Canada-based mineral resource company. The Company is engaged in the exploration and development of its North Island Project on Vancouver Island. The North Island Project is located at the north end of Vancouver Island west of the town of Port Hardy B.C. The North Island Project consists of copper and gold porphyry deposits in Canada. The North Island Project... see more

TSXV:NCX - Post Discussion

Northisle Copper and Gold Inc > Northisle Strengthens Balance Sheet
View:
Post by Betteryear2 on Mar 18, 2024 8:27pm

Northisle Strengthens Balance Sheet

VANCOUVER, British Columbia--()--Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce that a total of 5,048,000 warrants issued on December 17, 2021 have been exercised by Michael Gentile and Pierre Beaudoin for gross proceeds of $1,413,440. These funds will be used to accelerate development of the North Island Project including technical and economic studies. Adjusting for warrant proceeds, the company had $9 million in cash and cash equivalents as of December 31, 2023 (unaudited), with no debt and no additional warrants outstanding.

Northisle Strengthens Balance Sheet Following Exercise of Warrants by Cornerstone Investor | Business Wire

Comment by wallybob1 on Mar 18, 2024 10:25pm
looking at the volume it may have been noticed by bigger pockets
Comment by mrmazikden on Mar 18, 2024 11:23pm
This post has been removed in accordance with Community Policy
Northisle Copper and Gold Inc