Premium Nickel Resources Ltd. is pleased to announce that it has closed its previously-announced "best efforts" brokered private placement offering under which 4,437,184 common shares of the Company were issued at a price of CAD$1.75 per Common Share for gross proceeds of CAD$7,765,072.00 . Keith Morrison, CEO, commented: "The Company is continuing [...]
Premium Nickel Resources Ltd. announces a brokered private placement, on a "best efforts" basis, of up to 15,430,000 common shares of the Company at a price of CAD$1.75 per common share for gross proceeds of up to CAD$27,002,500 . In connection with the Offering, the Company has entered into an engagement letter with Paradigm Capital Inc. to act as [...]
Premium Nickel Resources Ltd. is pleased to report additional assay results from the Company's 2022 diamond drilling program at its 100% owned Selebi nickel-copper-cobalt sulphide mine in Botswana. The Company's Phase 1 drilling program was successfully completed in January 2023. The purpose of this Phase 1 program was to demonstrate the upside [...]
Premium Nickel Resources Ltd. , is pleased to announce that the common shares of the Company will begin trading on the OTCQX Best Market at the open of the market on January 20, 2023 under the symbol "PNRLF". The Company confirms appointment of Mr. Timothy H. Moran as Chief Legal Officer and Corporate Secretary, effective immediately. Trading on [...]
Premium Nickel Resources Ltd. is pleased to report additional assay results from the Company's 2022 diamond drilling program at its 100% owned Selebi nickel-copper-cobalt sulphide mine in Botswana. The Company previously released results from the first three holes SMD-22-001, SMD-22-002 and SMD 22-001-W1 . Results have been received for an [...]
Premium Nickel Resources Ltd. announces that Mr. Sheldon Inwentash has stepped down from his position as a Director of PNRL, effective immediately. Mr. Inwentash served as a director of the former Premium Nickel Resources Corp. since 2019. The Company wishes to thank Sheldon for his years of service and contributions during his tenure as a director [...]
Premium Nickel Resources Ltd. is pleased to announce the appointment of MNP LLP as auditor of the Company, effective immediately. MNP is one of the largest full-service chartered professional accountancy and business advisory firms in Canada, with more than 100 offices across Canada, from Victoria to St. John's. PNRL is the continuing company [...]
Premium Nickel Resources Ltd. is pleased to announce the release of its unaudited condensed financial statements and notes thereto as at and for the three and nine-month periods ended September 30, 2022 , and related management's discussion and analysis. Both documents are available for viewing on SEDAR under the Company's profile. The Financial [...]
Premium Nickel Resources Ltd. is pleased to announce the closing of its previously-announced CAD $7 million secured loan agreement with Pinnacle Island LP, an arm's-length limited partnership formed under the laws of the Province of Ontario. The net proceeds from the Bridge Loan will be used to fund the ongoing redevelopment work programs on the [...]
Premium Nickel Resources Ltd. is pleased to announce a CAD 7 million bridge loan financing from Pinnacle Island LP, an arm's-length limited partnership formed under the laws of the Province of Ontario , which is evidenced by the issuance of a promissory note by the Company to the Lender . The Promissory Note bears a principal amount of CAD 7 [...]
Premium Nickel Resources Ltd. wishes to clarify a reference in its news release disseminated earlier today entitled "Premium Nickel Resources Ltd. Reports Assay Results from Underground Exploration Drift Grab Samples and Additional Assays on Historic Core Samples from 100% Owned Selkirk Mine in Botswana". In the earlier news release, the Company [...]
Premium Nickel Resources Ltd. is pleased to provide an update on its underground grab sampling program, as well as additional assay results from the sampling of historic core at its 100% owned Selkirk nickel-copper-cobalt-platinum group elements sulphide mine in Botswana. The past-producing Selkirk Mine is located 28 kilometres south-east of the [...]