Fort St. James Nickel Corp. announced a non-brokered private placement of up to 2,000,000 units at a price of CAD 0.06 per unit for the aggregate gross proceeds of CAD 120,000 on September 6, 2023.

The units of the financing will comprise of one common share and a full share purchase warrant, which may be exercised for a period of five years at a price of CAD 0.08 per share. Directors, officers or other insiders of the company may participate in the foregoing offering, and such parties may sell securities of the company owned or controlled by them personally through the facilities of the TSX Venture Exchange to finance participation in such offering. A finder's fee may be paid to eligible finders, in accordance with TSX Venture Exchange policies.

All securities issued pursuant to the offering will be subject to a hold period of four months and one day from the date of closing. The transaction and the payment of a finder's fee are subject to approval by the TSX-V.