Fort St. James Nickel Corp. (TSXV:FTJ) announced a non-brokered private placement of 1,000,000 flow-through units at CAD 0.25 per unit for gross proceeds of CAD 250,000, 1,500,000 non-flow-through units at CAD 0.18 per unit for gross proceeds of CAD 270,000; for aggregate gross proceeds of CAD 520,000 on May 21, 2021. Each flow-through unit consists of one flow-through common share and one-half share purchase warrant. Each flow-through warrant entitles the holder to acquire one additional common share which is not a flow through share at CAD 0.30 for a period of 12 months from the date of issuance. Each non-flow-through unit consists of one common share and one share purchase warrant. Each non-flow-through warrant entitles the holder to acquire one additional common share at CAD 0.30 for a period of 12 months from the date of issuance. The term of both flow-through warrant and non-flow-through warrants may be accelerated if the issuer's shares trade at or above a price of CAD 0.40 per share for a period of 10 consecutive days. In such case of accelerated warrants, the issuer may give notice, in writing or by way of news release, to the subscribers that the warrants will expire 20 days from the date of providing such notice. The securities are being subject to a hold period of four months and one day from the date of closing.. The company may pay finder's fee to eligible finders, in accordance with TSX Venture Exchange policies. The offering and the payment of a finder's fee are subject to approval by the TSX-V.