Canada Nickel Company Inc announced that it has entered into an agreement for bought deal private placement of flow-through common shares at an issue price of CAD 4.10 per flow-through share for gross proceeds of CAD 10,000,000 on July 6, 2021. The transaction is expected to close on July 27, 2021 or such other date as the Company and the Underwriters may agree upon, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange and the applicable securities regulatory authorities. The shares to be issued under the offering will be subject to a hold period in Canada expiring four months and one day from the closing date of the offering.