Canada Nickel Company Inc.

Canada Nickel Company Inc. is pleased to announce that it has closed the first tranche of its previously announced brokered "bought deal" private placement financing and has issued an aggregate of 5,350,000 units of the Company at an offer price of $1.50 per Unit for aggregate gross proceeds of $8,025,000. The Company's second tranche of its financing consisting of an aggregate of 2,950,000 common shares of the Company [...]

Highlights The final three holes in the western portion of the Main Zone continue to extend higher grade mineralization - which remains open to the west All three holes yielded core lengths of 121 to 188 metres of 0.34% nickel Hole 59 collared in higher grade mineralization and yielded true width of 78 metres of 0.34% nickel Hole CR20-59 yielded one of the best PGM Zone intersections to date - a core length of 9 metres of [...]

Highlights Airborne magnetic and gravity survey will cover seven separate nickel-bearing target structures with more than 30 kilometres of total strike length and ranging from 150 to 600 metres wide. Survey provides same data that was successfully utilized in the discovery and subsequent delineation of its Crawford Nickel-Cobalt Sulphide Project Historic drilling yielded nickel-bearing intersections on all of the target [...]

Canada Nickel Company Inc. is pleased to announce it has amended its agreement with Echelon Wealth Partners Inc., as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters including Eight Capital and Haywood Securities Inc. , to increase the size of the previously announced bought deal offering from approximately $6.5 million to approximately $13 million. The Underwriters have agreed to purchase [...]

Canada Nickel Company Inc. is pleased to announce it has entered into an agreement with Echelon Wealth Partners Inc. as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a "bought deal" private placement basis, 4,334,000 units of the Company at a price of $1.50 per Unit , for total gross proceeds of $6,501,000 . Each Unit will [...]

Canada Nickel Company Inc. is pleased to announce that it has closed its previously announced non-brokered private placement financing for aggregate gross proceeds of $1,774,500 . 682,500 flow-through common shares of the Company were issued for $2.60 per FT Share. The shares qualify as "flow-through share" as defined in subsection 66 of the Income Tax Act . Mark Selby, Chair & CEO of Canada Nickel commented: "With the [...]

Update on Private Placement Highlights Two holes continue to extend the higher grade mineralization in the western portion of the Main Zone. Hole CR20-61 intersected true width of 94 metres of 0.35% nickel including 49 metres of 0.40% nickel Hole CR20-53 intersected core length of 183 metres of 0.35% nickel to a depth of over 300 metres Three holes continue to support and extend the higher grade mineralization in the [...]

Highlights All four holes intersected higher grade core lengths of 130 to 175 metres of 0.35% nickel. Higher grade mineralization of 0.35% nickel or better now intersected across a strike length of 600 metres in westernmost portion of Main Zone and remains open in multiple directions. Three of four holes were mineralized over entire core lengths of 366 to 375 metres with 0.30% nickel or better, including core lengths of [...]

Canada Nickel Company Inc. announced today an offering of up to 600,000 flow-through common shares at a price of $2.60 per FT Share, for total gross proceeds of approximately $1.5 million. The FT Shares will be offered by way of a best efforts non-brokered private placement to "accredited investors" resident in a Canadian jurisdiction. The gross proceeds of the Offering will be used to fund advancement of the Company's [...]

Highlights Hole CR20-56 extended the strike length of the Main Zone by 375 metres, and is expected to expand the 0.3% higher grade shell by 168 metres which remains open along strike to the west. All four infill holes in this release continued to extend and better define the higher grade resource shells and intersected thick intersections of nickel mineralization, within the steeply dipping higher-grade core which varies [...]