Nova Pacific Metals Corp. announced a non brokered private placement to issue 6,190,476 flow-through common shares at an issue price of CAD 0.42 per share for the gross proceeds of CAD 2,599,999.92 on December 9, 2024. All securities issued in connection with the offering will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities laws.
The closing of the offering is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and stock exchange approvals. The company may pay finders' fees to eligible parties who introduce qualified investors to the offering in accordance with applicable securities laws and the policies of the Canadian Securities Exchange.