Power Nickel Inc. is pleased to announce it has started the 2024 winter Drill Program at the Nisk Nickel Sulfide project in Nemaska Quebec. "We are excited to start our ambitious 2024 Drill Program. The Program will have multiple objectives. First, to test the four new target zones that were identified from the interpretation of our Ambient Noise [...]
Power Nickel is pleased to announce it has closed a private placement for 4,360,000 flow-through units of the Company, at a price of $0.50 per FT Unit, for gross proceeds of CAD $2,180,000. The FT Unit closing completed on December 29, 2023, while the balance of the back-end adjustments completed last week. The Company has received conditional TSX [...]
Power Nickel Inc. announces that together with its advisors the Company has filed an official complaint detailing significant and persistent position imbalances for its stock. This troubling imbalance is defined as a broker having an insufficient number of shares in its depository account compared to the number of beneficially owned shares for its [...]
Power Nickel Inc. Discover how Power Nickel, leveraging Fleet Space Technologies' mineral exploration technology, ExoSphere, is transforming the landscape of nickel exploration. This event will highlight the successful application of Ambient Noise Tomography to generate actionable data in near real-time for identifying nickel targets, emphasizing [...]
Power Nickel Inc. is pleased to announce it has closed its previously announced flow-through financing of $2.75 million CAD at $0.90 per share. The financing was completed with investors secured for Power Nickel by Wealth Creation Preservation & Donation Inc. . To ensure this process was done in the least dilutive way possible, Power Nickel [...]
Power Nickel is pleased to release the initial NI 43-101 Mineral Resource Estimate on its "NISK" Nickel Sulphide project, located near Nemaska, James Bay, Québec. Following up a successful drilling campaign in summer of 2023, and new inputs from the recently completed FLEET Ambient Noise Tomography survey, the Nisk geological interpretation has [...]
Power Nickel Inc. Terry Lynch, CEO of Power Nickel and founder of Save Canadian Mining, and its advisors have prepared and will file in the coming days an official complaint detailing significant and persistent position imbalances for Power Nickel's stock. This troubling imbalance is defined as a broker having an insufficient number of shares in [...]
Power Nickel Inc. is pleased to announce the continuation of its agreement with CVMR Corporation , one of the world's leaders in Nickel Powder, Wire, and Anode production, and a key supplier to the Battery, Defence, and Aerospace industry. CVMR is coordinating the production of advanced bench scale, piloting, and engineering studies on the Nisk [...]
Power Nickel is pleased to announce it has closed the previously announced private placement of non-flow-through units at a price of $0.25 per Unit. In connection with closing the Offering, the Company issued an aggregate of 2,820,000 Units for gross proceeds of $705,000. Each Unit is comprised of one common share of the Company and one-half of one [...]
Power Nickel is pleased to announce it has closed the first tranche of the private placement previously announced on Oct 16, 2023 for 4,000,000 flow-through units of the Company, at a price of $0.50 per FT Unit, for gross proceeds of CAD $2,000,000. The Company has received conditional TSX Venture Exchange approval for the Private Placement. "We [...]
Power Nickel is pleased to announce a proposed private placement of $2.75 million in new equity capital to pursue exploration expansion at Nisk the Companies flagship Nickel PGM project. The Company proposes the sale of 4,000,000 Flow-Through units of the Company, at a price of $0.50 per FT Unit, for gross proceeds of $2,000,000 and a additional up [...]
Power Nickel Inc. is please to announce that the step out hole testing the Nisk Main Deposit 300 metres to the south and east of previous drilling has encountered at a downhole depth of 457 metres about 25 metres of massive and semi-massive sulfides. Figure 1: 2023 Fall Drilling Program, Nisk Main Zone Longitudinal Section. The hole, Number 1 in [...]
