First Atlantic Nickel & Cobalt is trading 10.08% up at $0.52 after its October 6 announcement of a $3.49 million no-warrant private placement. - Shares were priced at $0.83, a premium to the prior TSX Venture close. - Financing raised since September totals about $13.4 million; proceeds are intended to expand exploration and drilling. - Reported this morning, the financing is the clearest catalyst; broader markets and materials strength are supportive. No trading-volume figure was provided.