First Atlantic Nickel & Cobalt raises $3.49 million flow-through placement to advance Pipestone XL project

• First Atlantic Nickel & Cobalt closed a no-warrant, non-brokered flow-through share placement raising CAD 3.49 million at CAD 0.83 per share.
• Total gross proceeds raised since September 2026 reached about CAD 13.4 million, strengthening funding for the Pipestone XL nickel-cobalt alloy project.
• Proceeds earmarked to expand drilling at Alloy Max, step up work at the RPM Zone, test new targets across the 30-kilometer trend.
• Funding also supports building an exploration access road toward the Atlantic Lake Zone to open additional areas for drilling and stripping.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Atlantic Nickel & Cobalt Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610060713PRIMZONEFULLFEED9840299) on October 06, 2026, and is solely responsible for the information contained therein.