Canada Nickel Company Inc. is pleased to announce it has entered into an agreement with Echelon Wealth Partners Inc. as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a "bought deal" private placement basis, 4,334,000 units of the Company at a price of [...]
Canada Nickel Company Inc. is pleased to announce that it has closed its previously announced non-brokered private placement financing for aggregate gross proceeds of $1,774,500 . 682,500 flow-through common shares of the Company were issued for $2.60 per FT Share. The shares qualify as "flow-through share" as defined in subsection 66 of the Income [...]
Update on Private Placement Highlights Two holes continue to extend the higher grade mineralization in the western portion of the Main Zone. Hole CR20-61 intersected true width of 94 metres of 0.35% nickel including 49 metres of 0.40% nickel Hole CR20-53 intersected core length of 183 metres of 0.35% nickel to a depth of over 300 metres Three holes [...]
Highlights All four holes intersected higher grade core lengths of 130 to 175 metres of 0.35% nickel. Higher grade mineralization of 0.35% nickel or better now intersected across a strike length of 600 metres in westernmost portion of Main Zone and remains open in multiple directions. Three of four holes were mineralized over entire core lengths of [...]
Canada Nickel Company Inc. announced today an offering of up to 600,000 flow-through common shares at a price of $2.60 per FT Share, for total gross proceeds of approximately $1.5 million. The FT Shares will be offered by way of a best efforts non-brokered private placement to "accredited investors" resident in a Canadian jurisdiction. The gross [...]
Highlights Hole CR20-56 extended the strike length of the Main Zone by 375 metres, and is expected to expand the 0.3% higher grade shell by 168 metres which remains open along strike to the west. All four infill holes in this release continued to extend and better define the higher grade resource shells and intersected thick intersections of nickel [...]
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the Canadian Metals & Mining Virtual lnvestor Conference presentations are now available for on-demand [...]
Highlights Infill hole on Main Zone returned 0.33% nickel over core length of 357 metres from the start of the hole at 45 metres, beginning with 0.36% nickel over 249 metres, within the steeply dipping higher-grade core which varies in true thickness from 40 to 160 m Final four holes from this phase of East Zone drilling intersected thick [...]
Company Executives share vision and answer questions live at VirtualInvestorConferences.com Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Metals and Mining Virtual lnvestor Conference. Individual investors, institutional investors, advisors, and analysts are invited to [...]
Canada Nickel Company Inc. is pleased to announce it has created a wholly-owned subsidiary, NetZero Metals, to begin the research and development of a processing facility that would be located in the Timmins, Ontario region with the goal of utilizing existing technologies to produce zero-carbon nickel, cobalt and iron products. The Company has [...]
Canada Nickel Company Inc. today announced that it is accelerating the expiry date of its common share purchase warrants issued on May 5, 2020 under the warrant indenture between TSX Trust Company and the Company. "The acceleration and exercise of these Warrants would provide us with the additional capital to allow us to continue to aggressively [...]
Highlights Seven separate nickel-bearing target structures with more than 30 kilometres of total strike length ranging from 150 to 600 metres wide have been identified Historic drilling yielded nickel-bearing intersections on all of the target structures. Kingsmill – 0.30% Ni over core length of 503 metres from 118 metres in historic hole KML-12-02 [...]
