Canada Nickel Company Inc. was proud to participate in an Ontario government delegation at the 2024 Energy Transition Metals Summit in Washington, D.C. During the summit, CEO Mark Selby, a veteran in the mining industry with over 20 years of experience, stressed the importance of strengthened Ontario-US trade partnerships and collaboration in [...]
Highlights Canada Nickel acquiring an 80% interest in Mann Property Includes Mann Northwest, Central and Southeast properties that cover a combined 25 km strike length of nickel-bearing ultramafic rocks Northwest and Central will advance to resource delineation programs while Southeast will be drilled for the first time, all during the 2024 [...]
Highlights Key Engineering Contracts Awarded and Work is Underway Steel plant design led by SMS group Key portions of nickel plant design led by Metso Overall study compilation & supporting engineering led by Ausenco Feasibility studies for Nickel Processing Facility and Stainless Steel and Alloy Production Facility near Timmins, Ontario remain on [...]
Highlights Crawford on track for mid-2025 construction decision and first production by year-end 2027 Front End Engineering Design led by Ausenco Canada Nickel Company Inc. announced today that it has commenced Front End Engineering Design at the Company's Crawford Nickel Sulphide project led by its long-term engineering partner Ausenco Engineering [...]
Highlights First two holes at Newmarket successfully intersect target mineralization including 373 metres of 0.24% nickel in NEW24-01 Best interval to date at first hole at Reid - 675 metres of 0.25% nickel including 142 metres of 0.32% nickel and 24 metres of 0.40% nickel in REI24-17 First five holes at Reid each intersect over 650 metres of [...]
Highlights A new discovery, Mann Central, successfully delineated across 2.5 kilometre strike length by six holes Three additional drill holes at previously announced Mann Northwest discovery, extended mineralization across a 2.7 kilometre strike length Mann Northwest and Mann Central are two of five targets each with a geophysical footprint larger [...]
Highlights First five holes drilled by Canada Nickel into the "B" Zone intersected multi-hundred metre intervals of 0.27-0.29% nickel and contained higher grade intervals of 0.3% nickel or better Higher grade intervals included 16.5 metres of 0.54% nickel within a larger interval of 54 metres of 0.38% nickel in BAN23-04 Upcoming summer 2024 drill [...]
Highlights Processing facilities expected to be the largest nickel processing facility in North America and largest stainless-steel and alloy production facility in Canada, filling a key gap in the North American electric vehicle supply chain - utilizing proven, low environmental footprint technology. Both processing facilities to be designed to be [...]
Canada Nickel Company Inc. has completed its previously announced equity investment by Samsung SDI Co., Ltd. for aggregate gross proceeds of US$18.5 million . Samsung SDI has subscribed for 15.6 million common shares of the Company at C$1.57 per share. Samsung SDI now holds 8.7% of the issued and outstanding common shares of the Company. About [...]
Canada Nickel Company Inc. has extended the repayment date of the US$12 million loan facility announced September 18, 2023, with Auramet International, Inc. from January 18, 2024, to February 16, 2024. The loan will carry an interest rate of 1.25% per month for the extension period. Canada Nickel has also entered into seven purchase and sale [...]
VANCOUVER, BC, Jan. 12, 2024 /CNW/ - Trading resumes in: Company: Canada Nickel Company Inc. TSX-Venture Symbol: CNC All Issues: Yes Resumption : 9:30 AM 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 [...]
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 [...]
