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TORONTO, ONTARIO--(Marketwire - Jan. 16, 2013) - First Nickel Inc. ("First Nickel" or the "Company") (TSX:FNI) announces that it has entered into a loan facility with Resource Capital Fund V L.P. ("RCF") in the aggregate principal amount of US$5.0 million (the "Facility"). The Facility matures on December 31, 2013 and the proceeds will be used for working capital and corporate requirements. The Facility closed on January 15, 2013 and is subject to the satisfaction of certain post-closing conditions. |
