Differences Between CNC and Agnico's Press releasesI first saw this on CEO.ca From Agnico's Press release
"TORONTO, Dec. 29, 2023 /CNW/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle") announced today that it acquired 19,600,000 units ("Units") of Canada Nickel Company Inc. (TSXV: CNC) ("Canada Nickel") at a price of $1.18 per Unit for total consideration of approximately $23,128,000 from several sellers that acquired the Units in connection with an offering of flow-through Units by Canada Nickel (the "Share Purchases"). Each Unit was comprised of one common share of Canada Nickel (a "Common Share") and 0.35 of one common share purchase warrant of Canada Nickel (each whole common share purchase warrant, a "Warrant"). Each Warrant entitles the holder to acquire one Common Share at a price of $1.77 at any time prior to December 29, 2026, subject to acceleration of the expiry date upon the occurrence of certain events."
From Canada Nickel's Press Release
"TORONTO, Jan. 2, 2024 /PRNewswire/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) has completed a brokered private placement consisting of 19,600,000 units of the Company (the "Flow-Through Units") at a price of C$1.77 per Flow-Through Unit, with each unit consisting of one flow-through common share of the Company and 0.35 of one flow-through common share purchase Warrant (the "Warrant"), as more particularly described below, for aggregate gross proceeds of C$34,692,000 (the "Offering")."
I believe there are differences in currency as suggested on CEO.ca. However, in the Agnico version the money is paid to several sellers where in the CNC version the money goes to CNC. Could someone please clarify this to me.