Canada Nickel Company Inc.

Highlights Samsung SDI to invest US$18.5 million and acquire approximately 15.6 million shares of Canada Nickel, becomes an 8.7% shareholder Samsung SDI granted the right to purchase a 10% equity interest in the Crawford project for US$100.5 million upon a final construction decision Samsung SDI will be granted certain offtake rights to the Crawford project's nickel-cobalt products subject to the completion of the 10 [...]

VANCOUVER, BC, Jan. 11, 2024 /CNW/ - The following issues have been halted by CIRO Company: Canada Nickel Company Inc. TSX-Venture Symbol: CNC All Issues: Yes Reason: Pending News Halt Time : 3:14 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory [...]

Highlights Canada Nickel to receive flow through funding of $34.7 million Agnico Eagle to become a 12% shareholder Canada Nickel Company Inc. has completed a brokered private placement consisting of 19,600,000 units of the Company at a price of C$1.77 per Flow-Through Unit, with each unit consisting of one flow-through common share of the Company and 0.35 of one flow-through common share purchase Warrant , as more [...]

Stock Symbol: AEM Agnico Eagle Mines Ltd. announced today that it acquired 19,600,000 units of Canada Nickel Company Inc. at a price of $1.18 per Unit for total consideration of approximately $23,128,000 from several sellers that acquired the Units in connection with an offering of flow-through Units by Canada Nickel . Each Unit was comprised of one common share of Canada Nickel and 0.35 of one common share purchase [...]

Canada Nickel Company Inc. today announced that it has extended the repayment date of the US$12 million loan facility announced September 18, 2023 with Auramet International, Inc. to January 18, 2024 by agreeing to issue 350,000 one year common share purchase warrants with a strike price of $1.19 per share and pay an extension fee of 1.5% of the repayment amount of US$185,519. The loan will carry an interest rate of 1.25 [...]

Canada Nickel Company Inc. , has filed a Bankable Feasibility Study for its wholly-owned Crawford Nickel Sulphide Project located in Timmins, Ontario, Canada. The BFS is available on www.sedarplus.ca and on www.canadanickel.com. The BFS, titled, "Crawford Nickel Sulphide Project NI 43-101 Technical Report and Feasibility Study" was independently prepared by Ausenco Engineering Canada Inc. , in accordance with National [...]

Highlights $2.5 billion after-tax NPV8% and IRR of 17.1%; increasing to $2.6 billion after-tax NPV8% and IRR of 18.3% with projected Carbon Capture & Storage tax credits Crawford is world's 2nd largest nickel reserve and 2nd largest resource1. Initial mineral reserve of 1.7 billion tonnes of ore grading 0.22% nickel Production of 1.6 million tonnes nickel, 24 kt cobalt, 490 koz palladium & platinum, 58 million tonnes iron [...]

Canada Nickel Company Inc. announces that the Company will be hosting a webcast and conference call on Thursday, October 12, 2023 at 11:00 a.m. Eastern Time to discuss the Definitive Feasibility Study for its Crawford Nickel Sulphide Project. Conference Call Details: Date: Thursday, October 12, 2023 Time: 11:00 a.m. ET Participants may join the webcast and call as follows: Audience URL: https://app.webinar.net/0Nly476d2WO [...]

Highlights Carbon Storage Pilot Plant confirms the Feasibility Study design parameters IPT Carbonation was also successfully applied to material from a third party company confirming the technologies' commercialization potential Consulting study confirms Canada Nickel Crawford project could reasonably expect more than C$25 per tonne of CO2 in storage fees Canada Nickel's carbon storage business bolstered by addition of [...]

Canada Nickel Company Inc. today announced that it has closed a secured loan facility with Auramet International, Inc. of US$12 million previously announced on September 6, 2023. The proceeds will be used towards working capital and will allow the Company to remain well-funded to continue to advance permitting and detailed engineering activities. The loan is due December 18, 2023, carries an interest rate of 1.00% per [...]