Pure Nickel Inc. is pleased to announce that it has closed the previously announced transaction with a company controlled by Eric Sprott to become the 51% operating and controlling partner in the Neal Development Limited Partnership which holds a lease to operate the Neal Project . Pursuant to terms of the Agreement the Company issued to Sprott Mining 10,221,732 shares of Pure Nickel making Sprott Mining a significant [...]
Pure Nickel Inc. announces that it has commenced work on generating a National Instrument 43-101 - Standards of Disclosure for Mineral Projects Technical Report for the Neal Project. The Company is Eric Sprott's 51% partner in the Neal Development Limited Partnership which holds a lease to operate the Neal Project . The Neal Project, located 27 kilometers southeast of Bosie, Idaho, is a gold project comprised of 5 [...]
Pure Nickel Inc. announces that it has signed an Agreement with 2176423 Ontario Ltd., a company controlled by Eric Sprott outlining the arm's length terms for the acquisition by the Company of an initial 51% of the Neal Development Limited Partnership from Sprott Mining together with an option to acquire an additional 27% of the Neal LP and 7 unpatented mining claims. The Neal LP holds a lease to operate the Neal Project [...]
Pure Nickel Inc. announces that it has granted an aggregate of 4,600,000 stock options to certain management, directors, consultants and employees. The options have an exercise price of $0.05, a term of five years, vest immediately and are subject to the terms and conditions of the company's Stock Option Plan. About Pure Nickel Inc. Pure Nickel is a mineral exploration company with a focus on exploration projects in North [...]
Pure Nickel Inc. announces it has signed an agreement with CanAlaska Uranium Ltd. for the sale of the Company's Manibridge Property, Manitoba. Pursuant to the terms of the agreement CanAlaska will issue the Company 300,000 shares and 100,000 2 year warrants exercisable at $0.28/share, and pay $25,000 to obtain 100% ownership of the Manibridge Property. The completion of the sale is subject to TSX Venture acceptance. Mr [...]
Pure Nickel Inc. announces it has signed an agreement with Murchison Minerals Ltd. for the sale of the Company's 50% interest in the HPM Property, Quebec. Murchison will pay the Company $50,000 and issue 500,000 common shares of Murchison; the shares will be subject to a four month statutory hold period. Mr. Russell, Pure Nickel's President and CEO stated: "We are pleased to see Murchison assume control of the project and [...]
Pure Nickel Inc. provides the following corporate updates. Mr. R. David Russell has been appointed as CEO and President of the Company. Mr. Russell has over three decades of executive experience in the mineral exploration and development industry. From 2002 to June 2010 he was President, CEO and a director of the former Apollo Gold Corp. . Mr. Russell's previous positions included Vice-President and CEO of Getchell Gold [...]
Pure Nickel Inc. announces it has removed the order of business related to the proposed sale of its royalty interest in the Milford copper project from the Annual General and Special Meeting of the Shareholders scheduled for January 11, 2019 at 10:00 am ET. As previously announced in the Company's press release dated December 17, 2018, the meeting was postponed to provide shareholders with additional information regarding [...]
Pure Nickel Inc. announces it has postponed its Annual General and Special Meeting of the Shareholders originally scheduled for December 18, 2018 and has rescheduled the meeting to January 11, 2019 at 10:00 am ET. The record date for voting at the meeting remains November 13, 2018. The Company has postponed the meeting as it intends to provide shareholders with additional information regarding certain business to be [...]
Pure Nickel Inc. announces the following corporate updates. Sale of Royalty The Company has reached agreement to sell its royalty interest in a copper mine located in Milford, Utah to David McPherson, the President and CEO of the Company. Under the terms of the agreement, the Company's wholly-owned Subsidiary, Nevada Star Resources Corp. , will sell all of its rights to the royalty to a company wholly-owned by Mr [...]
Pure Nickel is pleased to announce the appointment of Sonia Agustina as CFO. Ms. Agustina has been working with Pure Nickel as an accounting consultant for the past twelve months and is well versed in the financial management of the Company. She is a Chartered Professional Accountant with 17 years of audit and public market experience with a Bachelor of Administrative Studies from York University. The Company also [...]
Pure Nickel Inc. announces that Harry Blum has resigned from the Company's Board of Directors effective immediately. Mr. Blum became a director of Pure Nickel in 2007 and played an active role on numerous Board Committees. David McPherson, the Company's President and CEO commented, "We would like to thank Harry for his significant contribution to Pure Nickel over the past decade. His knowledge and insights have been [...]
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