VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 27, 2012) - Hard Creek Nickel Corporation (News - Market indicators) (the "Company") - The Company has today completed its previously announced non brokered private placement of 10 Million Units.
The Company closed 10,000,000 Units at $0.06 per Unit. Each Unit consisted of one share and one share purchase warrant. Each full warrant is exercisable at Cdn. $0.08 for three years. The securities and warrants issued have a hold period expiring 4 months plus one day after issuance - March 28, 2013.
Hard Creek Insiders that participated in the Private Placement amounted to 7.38% or 1,666,533 Units.
Proceeds of the private placement will be used for general working capital.
A finders' fee was paid on a portion of this private placement, 6% of gross cash proceeds.
On behalf of the Board of Directors,
MARK JARVIS, President
HARD CREEK NICKEL CORPORATION