Highlights Reid Property - second hole of new discovery intersected dunite across entire 354 metre core length including an 84 metre highly mineralized interval. All 21 holes drilled at Deloro, Reaume, and Nesbitt properties intersected target mineralization. Canada Nickel Company Inc. today announced a new nickel discovery at its Reid property, where two drill holes have been completed as part of its regional exploration [...]
Canada Nickel Company Inc. is pleased to announce the results of its annual and special meeting of shareholders of the Company held today. Each of the nominee directors listed in the Company's management information circular dated March 16th, 2022 , being Mark Selby, Mike Cox, Jennifer Morais, Francisca Quinn, Kulvir Singh Gill, David Smith and Russell Starr, were elected as directors. The following resolutions: approving [...]
Canada Nickel Company Inc. is pleased to announce that it has closed its previously-announced "bought deal" offering for aggregate gross proceeds of C$51,554,156.70, which includes the exercise of the Underwriters' over-allotment option. Under the Offering, the Company sold the following: an aggregate of 10,440,050 common shares of the Company at an issue price of $3.10 per Common Share; an aggregate of 3,424,658 common [...]
Highlights Best Crawford high-grade interval to date; core length of 64.5 metres of 0.71% nickel from 472.5 metres including 6 metres of 1.04% nickel from East Zone High Grade Core Main Zone mineralization successfully drilled to a depth of 1 kilometre East Zone mineralization successfully infilled and extended by a further 33% to strike length of 2.8 kilometres PGM Zone continues to expand - 1.4 g/t PGM over 11.4 metres [...]
Canada Nickel Company is pleased to announce that due to significant investor demand, the Company has agreed to amend its agreement with Red Cloud Securities as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters that includes Clarksons Platou Securities, to increase the size of the Company's previously announced offering from C$25.0 million to C$45.0 million. Under the revised offering, the [...]
Canada Nickel Company is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters that includes Clarksons Platou Securities. pursuant to which the Underwriters have agreed to purchase for resale the following equity securities of the Company on a bought deal basis to raise aggregate gross proceeds to the [...]
Highlights: Second locked cycle test confirms recovery gains, improved concentrate quality from latest flowsheet improvements Total nickel recovery of 63% from low nickel feed grade of 0.19% nickel Nickel sulphide concentrate grade of 46% nickel, believed to be highest grade nickel sulphide concentrate produced in locked cycle test based on published studies Canada Nickel Company Inc. today announced further metallurgical [...]
Highlights First hole in recently acquired properties intersects 480 metres of dunite at Deloro using a sixth drill rig acquired at start of year. All nine holes from Dargavel, Mahaffy, MacDiarmid, Kingsmill intersected multi-hundred metre intersections of mineralization with best interval from first hole at Dargavel of 162 metres of 0.30% nickel including 0.34% nickel over 28.5 metres. Completion of Crawford feasibility [...]
Canada Nickel Company Inc. announces that it has closed a secured loan facility with Auramet International LLC of US$10 million previously announced on December 21, 2021. The proceeds will be used to ensure the Company remains well-funded as it continues to aggressively advance the Crawford Nickel Sulphide Project through the first quarter of 2022 when the Company expects to conclude its strategic investor process. The [...]
Canada Nickel Company Inc. is pleased to provide an update on its discussions with strategic investors and financing activities. "Canada Nickel is engaged in ongoing and constructive discussions with strategic investors which have been extended into the new year. The Company continues to aggressively advance the Crawford Nickel Sulphide Project and has arranged a US$10 million loan facility from Auramet which will ensure [...]
Mark Selby, Chairman, CEO & Director, Canada Nickel Company Inc. shares his Company's story in an interview with TMX Group. The C-Suite at The Open video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment. To see the latest C-Suite at The Open videos visit [...]
Individual and institutional investors as well as advisors are invited to log-on to LifeSciencesInvestorForum.com to view presentations Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the December 8th and 9th Metals and Mining Virtual Investor Conference are now available for on-demand viewing. https://bit.ly/3Ixtvnu The company presentations will be [...]