Canada Nickel Company Inc. is pleased to announce that the unit component of the best efforts private placement financing previously announced on April 02, 2020 is now oversubscribed and as a result the syndicate of agents led by PI Financial Corp., which includes Red Cloud Securities Inc. and Haywood Securities Inc., have exercised their agents' option and the Company has upsized the Offering. The Offering will now [...]
Canada Nickel Company Inc. today announced that the Company has filed on SEDAR an independent technical report prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects supporting the maiden mineral resource estimate for its 100% owned Crawford Nickel-Cobalt Sulphide Project near Timmins, Ontario, previously reported in the Company's news release dated February 28, 2020. There [...]
Highlights Separate PGM Zone with grades up to 1.7 g/t of palladium + platinum over 7.5 metres delineated from near surface to a depth of 500+ metres across a strike length of 600 metres – remains open to the west and at depth Westernmost hole to date CR19-25 , collared within higher grade zone, showed continuity of higher-grade zone with 0.34 % nickel across 44 metres Easternmost hole CR19-27 yielded 1.07% nickel and 2.0 [...]
Shows 89% of Nickel Contained in Nickel Sulphide and Nickel-Iron Alloy Minerals in Higher Grade Resource Area Canada Nickel Company Inc. is pleased to announce positive initial results from a mineralogical assessment of sample material from its Crawford Nickel-Cobalt Project. Highlights: 89% of the nickel in the Higher Grade Core of the resource is contained in nickel sulphide and nickel-iron alloy minerals. 59% of the [...]
Toronto Stock Exchange, TSX Venture Exchange TMX Group today announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for February 2020. TSX welcomed 15 new issuers in February 2020, compared with 24 in the previous month and 23 in February 2019. The new listings were 14 exchange traded funds and one mining company. Total financings raised in February 2020 increased 1,472% from the previous [...]
Canada Nickel Company Inc. today announced the signing of a Memorandum of Agreement with Noble Mineral resources to acquire an additional property and enter into option agreements on 5 other targets near its 100% owned Crawford Nickel-Cobalt Sulphide Project near Timmins, Ontario. Mark Selby, Chair and CEO of Canada Nickel commented "Given our demonstrated success at Crawford, this transaction provides us the larger [...]
Canada Nickel Company Inc. today announced a maiden mineral resource estimate for its 100% owned Crawford Nickel-Cobalt Sulphide Project near Timmins, Ontario. Mark Selby, Chair and CEO of Canada Nickel commented "We believe the results of this initial campaign and resource are a clear demonstration of Crawford's potential scale. The Canada Nickel team will continue to leverage the project's excellent location and [...]
Canada Nickel Company Inc. is pleased to announce that its common shares have been approved for listing on the TSX Venture Exchange under the symbol TSX-V:CNC. Canada Nickel expects that its common shares will commence trading effective at the open of markets on February 27, 2020. As announced by Noble Mineral Exploration Inc. on November 28, 2019, the Company entered into a definitive agreement to facilitate the transfer [...]
Noble Mineral Exploration Inc. is pleased to announce the completion of the previously announced plan of arrangement with Canada Nickel Company Inc. under the Business Corporations Act. The Arrangement was approved by Noble's shareholders on December 27, 2019 in accordance with the requirements of the OBCA, and the Ontario Superior Court of Justice issued a final order for the Arrangement on January 8, 2020. The [...]
Noble Mineral Exploration Inc. announced that it has signed a termination agreement with Spruce Ridge Resources Ltd. and Canada Nickel Company Inc. whereby Noble's option and joint venture agreement dated May 4, 2018 with Spruce Ridge is being terminated. The execution of the Termination Agreement was completed pursuant to an implementation agreement dated as of November 14, 2019 that was previously announced by Noble in [...]
Noble Mineral Exploration Inc. is pleased to announce the results of its Special Meeting of shareholders held on December 27, 2019. At the Meeting, 99.99% of voting shareholders approved a special resolution authorizing an arrangement under section 182 of the Business Corporations Act involving the Company and Canada Nickel Company Inc. Pursuant to that arrangement, the Company will reorganize its share capital, with [...]
Noble Mineral Exploration Inc. is pleased to announce that it has been advised by Canada Nickel Company Inc. of the assay results from the first nine diamond drill holes from the Company's 2019 exploration campaign at the Crawford nickel-cobalt project located just north of Timmins. All 9 holes drilled as part of its inaugural 2019 drill campaign have intersected nickel-cobalt-PGM mineralization in excess of 330 metres 4 [...]
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