On April 20, 2021, North American Nickel Inc. (OTCPK:WSCR.F) closed the transaction. The transaction was oversubscribed and company issued 8,290,665 units for gross proceed of CAD 1,989,759.60. The company paid CAD 57,189.62 as finder fees and aggregate 238,289 warrants having same conditions as above. The unit warrants shall be callable by the company if the closing market price of the common shares on the TSX Venture Exchange is greater than CAD 0.60 per common Share for a period of ten consecutive trading days any time after the four-month anniversary of the closing of the placement.