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SPC Nickel Closes $3.5 Million Rights Offering Backstopped by Dundee Corporation

Newswire.ca - Thu Jul 31, 2025

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SUDBURY, ON, July 31, 2025 /CNW/ - SPC Nickel Corp. (TSXV: SPC) ("SPC" or the "Corporation") and Dundee Corporation (TSX: DC.A) are pleased to announce the closing of SPC's previously announced rights offering (the "Rights Offering"), pursuant to which the Corporation issued rights ("Rights") to the holders of its common shares (the "Common Shares") at the close of business (Toronto time) on June 24, 2025. The Corporation issued 175,000,000 Common Shares at a subscription price of $0.02 per Common Share for aggregate gross proceeds of $3,500,000.

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