Highlights Assays achieved expected grades over entire core length of 354 metres: 0.24% nickel including 15 metres of 0.39% nickel and 6 metres of 0.57% nickel Confirmed same mineralogy as Company's flagship Crawford Project Reid property has larger geophysical footprint than Crawford Crawford resource update expected to be released by July 6, 2022 [...]
Canada Nickel Company Inc. is pleased to announce that it has entered into an agreement with Grid Metals Corp. on June 6, 2022 to acquire a 100% interest in the Bannockburn Nickel Property located near Matachewan Ontario, and to provide further details on other recently acquired properties. Mark Selby, Chair and Chief Executive Officer said, "The [...]
Canada Nickel Company Inc. is pleased to announce submission of the preliminary draft of the Initial Project Description to the Impact Assessment Agency of Canada following the related signing of ground-breaking Impact Assessment Process Agreements with Taykwa Tagamou Nation, Matachewan First Nation, and Mattagami First Nation. Mark Selby, Chair [...]
Highlights Reid Property - second hole of new discovery intersected dunite across entire 354 metre core length including an 84 metre highly mineralized interval. All 21 holes drilled at Deloro, Reaume, and Nesbitt properties intersected target mineralization. Canada Nickel Company Inc. today announced a new nickel discovery at its Reid property [...]
Canada Nickel Company Inc. is pleased to announce the results of its annual and special meeting of shareholders of the Company held today. Each of the nominee directors listed in the Company's management information circular dated March 16th, 2022 , being Mark Selby, Mike Cox, Jennifer Morais, Francisca Quinn, Kulvir Singh Gill, David Smith and [...]
Canada Nickel Company Inc. is pleased to announce that it has closed its previously-announced "bought deal" offering for aggregate gross proceeds of C$51,554,156.70, which includes the exercise of the Underwriters' over-allotment option. Under the Offering, the Company sold the following: an aggregate of 10,440,050 common shares of the Company at [...]
Highlights Best Crawford high-grade interval to date; core length of 64.5 metres of 0.71% nickel from 472.5 metres including 6 metres of 1.04% nickel from East Zone High Grade Core Main Zone mineralization successfully drilled to a depth of 1 kilometre East Zone mineralization successfully infilled and extended by a further 33% to strike length of [...]
Canada Nickel Company is pleased to announce that due to significant investor demand, the Company has agreed to amend its agreement with Red Cloud Securities as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters that includes Clarksons Platou Securities, to increase the size of the Company's previously announced offering [...]
Canada Nickel Company is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters that includes Clarksons Platou Securities. pursuant to which the Underwriters have agreed to purchase for resale the following equity securities of [...]
Highlights: Second locked cycle test confirms recovery gains, improved concentrate quality from latest flowsheet improvements Total nickel recovery of 63% from low nickel feed grade of 0.19% nickel Nickel sulphide concentrate grade of 46% nickel, believed to be highest grade nickel sulphide concentrate produced in locked cycle test based on [...]
Canada Nickel Company Inc. announces that it has closed a secured loan facility with Auramet International LLC of US$10 million previously announced on December 21, 2021. The proceeds will be used to ensure the Company remains well-funded as it continues to aggressively advance the Crawford Nickel Sulphide Project through the first quarter of 2022 [...]
Canada Nickel Company Inc. is pleased to provide an update on its discussions with strategic investors and financing activities. "Canada Nickel is engaged in ongoing and constructive discussions with strategic investors which have been extended into the new year. The Company continues to aggressively advance the Crawford Nickel Sulphide Project and [...]
