Northisle Copper and Gold Inc V.NCX

Northisle Strengthens Balance Sheet

[Betteryear2]

March 18, 2024 07:30 AM Eastern Daylight Time

VANCOUVER, British Columbia--(BUSINESS WIRE)--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

[wallybob1]

looking at the volume it may have been noticed by bigger pockets

[mrmazikden]

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