Pacific Coast Nickel is pleased to announce the completion of the purchase of the Wellgreen and Lynn Lake nickel properties from Prophecy Resource by way of a plan of arrangement under the Business Corporations Act (British Columbia). Pursuant to the Transaction, the Company issued 450,000,000 of its common shares to Prophecy Resource. Prophecy retained 225,000,000 of these shares and will distribute 180,823,575 PCNC [...]
Pacific Coast Nickel reports that as a result of a review by the British Columbia Securities Commission (BCSC), is issuing the following news release to clarify, retract, restate and update certain of its previously issued news releases and disclosures on its website. The Company's website, presentations and certain news releases and management's discussion and analysis for the six months ended January 31, 2011 (the [...]
Prophecy Resource and Pacific Coast Nickel are pleased to announce the commencement of an expansion drilling program on its Wellgreen PGM Ni-Cu Project, located in the Yukon Territory. The program has been commenced by Prophecy and will be completed by PCNC following the completion of the arrangement transaction whereby PCNC will acquire the Lynn Lake and Wellgreen properties from Prophecy.
Prophecy Resource and Pacific Coast Nickel announce that their respective shareholders have approved the arrangement transaction whereby PCNC will acquire the Lynn Lake and Wellgreen nickel properties from Prophecy. The votes were tabulated during separate shareholder meetings held by Prophecy and PCNC earlier today. 98.17% of Prophecy shares and 74.64% of PCNC shares present in person or by proxy at the respective [...]
Pacific Coast Nickel is pleased to report the Company has received a NI 43-101 technical report and resource estimate for the Las Aguilas project, located in the province of San Luis, Argentina. The report is authored by Todd McCracken, P. Geo. and Callum Grant, P.Eng. of Wardrop Engineering Inc., a Tetra Tech Company, both considered independent Qualified Persons. In summary, the resource estimate includes 3.264MT [...]
Prophecy Resource and Pacific Coast Nickel are pleased to announce that further to their announcement on April 4, 2011, both Companies have each set a shareholder meeting date of May 31, 2011 to approve the sale of Prophecy's Wellgreen PGM Ni-Cu and Lynn Lake Nickel projects to PCNC. The sale of the Projects will be implemented by way of a plan of arrangement under the Business Corporations Act (British Columbia) (the [...]
Pacific Coast Nickel is pleased to announce that it has entered into a Binding Agreement to acquire a 100% interest in the Burwash Property from Strategic Metals. The Burwash Property is located immediately east of Prophecy Resource Wellgreen project, known to host extensive nickel-copper-platinum group metal (PGM) mineralization. The Burwash Property is accessible by an 8km all weather road connected to the Alaska [...]
Prophecy Resource and Pacific Coast Nickel, and collectively with Prophecy, the are pleased to announce that further to their announcements on January 18, 2011 and February 17, 2011, they have signed the definitive arrangement agreement to sell Prophecy's Wellgreen PGM Ni-Cu and Lynn Lake Nickel projects to PCNC.
Pursuant to the Arrangement Agreement, the transaction will be implemented by way of a plan of arrangement [...]
Prophecy Resource and Pacific Coast Nickel are pleased to announce that PCNC will resume trading at market open on March 2. On February 17, Pacific Coast Nickel Corp. and Prophecy Resource Corp. entered into an amending agreement in respect of the binding letter of agreement dated January 17, 2011 whereby PCNC will acquire Prophecy's Nickel PGM projects by issuing 450 million common shares to Prophecy. The Amending [...]
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