01:41 PM EDT, 03/16/2026 (MT Newswires) -- Tartisan Nickel ( TTSRF ) on Monday said it closed a private placement of flow-through share for proceeds of $1 million.

The company said it sold an undisclosed number of tax-advantages shares in the financing priced at $0.38 apiece.

The company said proceeds will be used to incur eligible Canadian Exploration Expenses, which will be renounced to subscribers, and will be directed toward continued exploration and development activities at its Kenbridge Nickel-Copper-Cobalt project in northwestern Ontario.

"We are pleased to have successfully closed this financing and to be advancing borehole geophysics at Kenbridge while we take a pause from drilling during the spring melt," said Chief Executive Mark Appleby.

Shares of the company were last seen down $0.02 to $0.28 on the Canadian Securities Exchange.

Price: 0.28, Change: -0.02, Percent Change: -6.67