Premium Resources Ltd.

Premium Nickel Resources Ltd. is pleased to announce the appointment of Mr. Norman MacDonald as a director of the Company, effective immediately. Norman MacDonald has over 25 years of experience working at natural resource focused institutional investment firms, including over 10 years as a Senior Portfolio Manager at Invesco. He recently served as Senior Advisor, Natural Resources at Fort Capital from February 2021 until [...]

"This financing will provide the capital needed for continuing the underground infill drilling at Selebi North, and the surface in-fill and exploration drilling at Selebi Main and in the Hinge Zone. The Selebi MRE is on track to be released in the coming weeks. Additionally, we anticipate publishing a maiden mineral resource estimate, prepared in accordance with NI 43-101, for Selkirk in Q4 2024." - CEO, Keith Morrison [...]

Premium Nickel Resources Ltd. is pleased to announce that, further to its news releases dated June 5, 2024 and June 10, 2024, it has closed the first tranche of a non-brokered private placement offering, pursuant to which the Company issued an aggregate 19,234,614 units of the Company at a price of C$0.78 per Unit for aggregate gross proceeds of approximately C$15 million . The Company expects to close a second tranche of [...]

Aggregate $27.5 Million Non-Brokered Equity Financing After Upsize Premium Nickel Resources Ltd. is pleased to announce that the Company is upsizing its previously-announced non-brokered private placement offering of units of the Company at a price of $0.78 per Unit from approximately C$15 million to aggregate gross proceeds of up to approximately C$27.5 million, in response to very strong interest in the Offering [...]

Not for distribution to United States newswire services or for dissemination in the United States Premium Nickel Resources Ltd. is pleased to announce a fully-committed non-brokered private placement offering of 19,230,770 units of the Company at a price of C$0.78 per Unit for aggregate gross proceeds of approximately C$15 million . Each Unit will consist of one common share of the Company and one common share purchase [...]

"The assays from the down plunge extension of the Selebi North historic resource continue to confirm the interpretation of up-side potential of the high-grade Ni-Cu-Co polymetallic nature of this deposit. These assays will be included in the first Selebi National Instrument 43-101 compliant Mineral Resource Estimate, that will combine drilling from both Selebi North and Selebi Main, which is expected this June." - CEO [...]

6.70 METRES OF 3.74 % NiEq ) "Drilling continues to intercept mineralization outside of the known historic resource. Assays reported herein for holes SNUG-24-077 and 086a are outside of the historic resource in the down plunge direction. We continue to see significant nickel, copper and cobalt grades within and down plunge of the historic resource. Results for additional down plunge holes are pending and will be captured [...]

Premium Nickel Resources Ltd. announces that it has granted an aggregate of 312,499 deferred share units to its independent directors at a deemed price of $0.90 per DSU. The DSUs were granted in consideration for services rendered by the directors for the quarter ended March 31, 2024. The DSUs were granted in accordance with the Company's Deferred Share Unit Plan adopted on December 26, 2022, subsequently amended on March [...]

Premium Nickel Resources Ltd. extends an invitation to shareholders and investors to join a webinar scheduled for Wednesday, April 3rd, 2024, in Toronto at 4:30 p.m. EDT / 1:30 p.m. PDT. Chairman of the Board, Mr. Jim Gowans, joins CEO, Mr. Keith Morrison to discuss key updates and engage in a Q&A session. Details of the event are as follows: Event: Premium Nickel Resources Ltd. Investor Webinar Date and time: Held in [...]

"By the end of March, we will have completed the underground drilling at Selebi North that will be included in our maiden Selebi NI 43-101 Mineral Resource Estimate. The objective of the Selebi MRE, expected in June, is to provide the basis to support the rapid redevelopment of these deposits using the existing shafts and infrastructure. The mineralization continues down plunge and down dip from beyond the drilling to be [...]