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SUDBURY, ON, June 12, 2025 /CNW/ - SPC Nickel Corp. (TSXV: SPC) ("SPC" or the "Corporation") and Dundee Corporation (TSX: DC.A) are pleased to announce that SPC is commencing a rights offering (the "Rights Offering") to the holders of common shares in the capital of the Corporation (the "Common Shares") to raise aggregate gross proceeds of approximately $3,500,000. The net proceeds of the Rights Offering will be used to conduct the first modern airborne geophysical surveys in over 20 years on the Corporation's 470 km2 polymetallic Muskox Property and the advancement of the West Graham Deposit via a series of environmental, geotechnical and metallurgical studies. In addition, the Corporation plans to evaluate a number of very high conductivity electromagnetic targets on the broader Lockerby East Property for high-grade polymetallic sulphide mineralization. The remainder of the proceeds will be used for general corporate purposes, as detailed in the Rights Offering Circular (as defined below).
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