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$1,000,000 . The Debentures have a three-year term and bear an interest rate of 2% per annum. The principal amount owing under the [...]
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 12,000,000 common shares of the Company at a price of Cdn$0.12 per Subject Share to raise aggregate gross proceeds of Cdn$1,440,000. Mr. David Fitch, President of the Company, has [...]
Class 1 Nickel and Technologies Ltd. announces that Mr. Jonathan Fisher has resigned from the Board of Directors of the Company. The Company thanks Mr. Fisher for his contribution and wishes him well on his future endeavours. Class 1 Nickel and Technologies Ltd. is a Mineral Resource Company focused on the development of its 100% owned [...]
4000 m Phase 1 drilling program set to commence at the historical Mines 1, Mine 2, Mine 3, and Mine 4, to explore new geophysical anomalies associated with ultramafic complex hosting nickel mineralization. Initial 27 drill holes designed to test in situ mineralization in the vicinity of historical mining, including crown pillars, and to investigate [...]
Class 1 Nickel and Technologies announces that Mr. David Riekie has resigned from the Board of Directors of the Company. "I would like to thank David for his contribution to the Company during this pivotal time. We wish him well on his future endeavors" stated David Fitch, President of Class 1. Class 1 Nickel and Technologies is a Mineral Resource [...]
Class 1 Nickel and Technologies is pleased to announce that it has granted an aggregate of 1,000,000 stock options to the directors of the Company. The stock options are each exercisable to acquire one common share of the Company at an exercise price of A$0.50 until the earlier to occur of (i) the date that the applicable optionee ceases to be [...]
Class 1 Nickel and Technologies is pleased to announce that it has completed its previously announced non-brokered private placement pursuant to which it has issued an aggregate of 4,000,000 common shares of the Company at a price of Cdn$0.25 per Subject Share to raise aggregate gross proceeds of Cdn$1,000,000. Mr. David Fitch, President of the [...]
Class 1 Nickel and Technologies is pleased to announce that it proposes to complete a non-brokered private placement of up to 4,000,000 common shares of the Company at a price of Cdn$0.25 per share to raise aggregate gross proceeds of up to Cdn$1,000,000. Mr. David Fitch, President of the Company, has committed to fully fund the Private Placement [...]
In a release issued earlier today under the headline “Class 1 Nickel Identifies new Sulphide Nickel targets in the La Mott Ultramafic Complex, Quebec” by Class 1 Nickel and Technologies, please note that the spelling of “La Mott Ultramafic Complex” should be spelled “La Motte Ultramafic Complex” in the headline, first bullet, and first paragraph [...]
Class 1 Nickel and Technologiesis pleased to announce positive initial results and recommendations stemming from the 32.85 line-km ground TDEM survey that has been completed over the Somanike Nickel Sulphide Project. The company is pleased to announce that 10 new EM anomalies have been successfully identified including a grouping in the vicinity of [...]
Class 1 Nickel and Technologies announced today that Mr. Mathew Fitch has resigned as a member of the Board of Directors of the Company. The Board of Directors would like to thank Mr. Fitch for his contribution and wish him well in his future endeavours. Class 1 Nickel is a mineral resource company focused on the development of its 100% owned [...]
Class 1 Nickel and Technologies is pleased to provide an update of its 2021 phase 1 and phase 2 drilling programs on the Alexo-Dundonald Property. The summer 2021 program was completed by G4 Drilling of Val-d’Or, under the supervision of Terra Modelling Services of Saskatoon. Class 1 Nickel’s program consisted of 88 diamond drill holes totalling [...]
