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First Nickel Announces Debt Refinancing |
February 10, 2015
TORONTO, ONTARIO--(Marketwired - Feb. 9, 2015) - First Nickel Inc. ("First Nickel", "FNI" or the "Corporation") (TSX:FNI) announces that it is has entered into a commitment letter (the "Commitment Letter") with three of its major shareholders and lenders: Resource Capital Fund IV L.P. ("RCF IV"), Resource Capital Fund V L.P. ("RCF V" and, together with RCF IV, "RCF"), and West Face Long Term Opportunities Global Master L.P. and/or its affiliates ("West Face") to complete a transaction to refinance all of its outstanding debt obligations (the "Debt Refinancing"). FNI also announces that it intends to seek the approval of its shareholders for a consolidation of its issued and outstanding common shares, anticipated to be completed later in 2015 (the "Share Consolidation").
http://www.marketwired.com/mw/release.do?id=1989939&sourceType=3
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