Class 1 Nickel and Technologies Ltd. is pleased to announce that it proposes to complete a non-brokered private placement pursuant to which it will issue up to 15,000,000 common shares of the Company at a price of $0.05 per Subject Share. Insiders may subscribe in the Private Placement. The Company proposes to use the net proceeds from the Private [...]
Class 1 Nickel and Technologies Ltd. is pleased to announce that it has granted an aggregate of 11,765,502 stock options to service providers of the Company, including directors and officers. The stock options are each exercisable to acquire one common share of the Company at an exercise price of Cdn$0.07 until March 27, 2027. The options vest [...]
Class 1 Nickel and Technologies Ltd. announces that it has cancelled an aggregate of 11,765,502 stock options of the Company. Of these stock options cancelled, an aggregate of 11,165,502 stock options were exercisable to acquire common shares of the Company at an exercise price of $0.60 until June 11, 2024, and the balance of 600,000 stock options [...]
Class 1 Nickel and Technologies Ltd. is pleased to announce that it has completed its previously announced non-brokered private placement pursuant to which it has issued convertible debentures in the aggregate principal amount of Cdn$400,000 . The Debentures have a three-year term and bear an interest rate of 2% per annum. The principal amount [...]
Class 1 Nickel and Technologies Ltd. is pleased to announce that it proposes to complete a non-brokered private placement pursuant to which it will issue convertible debentures in the aggregate principal amount of up to Cdn$400,000 . The Debentures shall have a three-year term and bear an interest rate of 2% per annum. The principal amount owing [...]
Class 1 Nickel and Technologies Ltd. is pleased to announce the results of its 2022-2023 exploration program on its Somanike Nickel Sulphide Project. The 6,882 ha Project, acquired by the Company in early 2021, is located about 25 km north of the mining centre of Malartic includes the historical Marbridge Ni-Cu Mine which closed in 1968. 2022-2023 [...]
Class 1 Nickel and Technologies Ltd. is pleased to announce the completion of the sample collection component of a 287 B-horizon soil geochemical sampling and 287 biogeochemical plant sampling exploration program over the prospective Marginal Series PGE horizon at its River Valley PGE Project , located about 100 road-km east of Sudbury, Ontario [...]
Class 1 Nickel and Technologies Ltd. is pleased to announce that it has completed a non-brokered private placement pursuant to which it has issued an aggregate of 8,333,332 common shares at a price of $0.12 per Share to raise aggregate gross proceeds of approximately $1,000,000. The Company intends to use the proceeds of the Private Placement for [...]
Class 1 Nickel and Technologies Ltd. is pleased to announce that it has completed a non-brokered private placement pursuant to which it has issued an aggregate of 2,499,997 common shares at a price of $0.12 per Share to raise aggregate gross proceeds of approximately $300,000. Mr. David Fitch, President of the Company, indirectly purchased an [...]
Class 1 Nickel and Technologies Ltd. is pleased to announce the completion of 40 drill holes on its Somanike Nickel-Copper Project , located near Val-d'Or, Quebec . Assays are pending for all drill holes and are expected in Q1 2023. Key Points: Diamond drilling has intersected sulphide mineralization in 23 drill holes. Mineralization is within and [...]
Class 1 Nickel and Technologies Ltd. is pleased to announce that it has completed a non-brokered private placement pursuant to which it has issued convertible debentures in the aggregate principal amount of Cdn$450,000 . The Debentures have a three-year term and bear an interest rate of 2% per annum. The principal amount owing under the Debentures [...]
Class 1 Nickel and Technologies Ltd. is pleased to announce that it has completed a non-brokered private placement pursuant to which it has issued convertible debentures in the aggregate principal amount of Cdn$500,000 . The Debentures have a three-year term and bear an interest rate of 2% per annum. The principal amount owing under the Debentures [...]
