Victory Nickel Inc. today announced that it has entered into an asset purchase agreement with Silver Elephant Mining Corp. for the conditional sale of the Company's Minago nickel property in northern Manitoba. Subject to the acquisition by Silver Elephant of 100% of the Company's debt held by the Company's secured lender and the restructuring, as [...]
Victory Nickel Inc. today announced the resignation of Peter R. Jones as a Director of the Company, effective immediately. The Board of Directors thanks Mr. Jones for his service to Victory Nickel and wishes him well in the future. About Victory Nickel Victory Nickel Inc. is a Canadian company with four sulphide nickel deposits containing [...]
Victory Nickel Inc. today announced that it has engaged Red Cloud Securities Inc. on an exclusive basis as its financial advisor to manage a process on behalf of the Company to improve the capital structure of the Company. Red Cloud will be paid a retainer fee of C$50,000 plus applicable taxes payable in cash. In addition to the Retainer Fee, Red [...]
Victory Nickel today announced the resignation of Paul W. Fisher as a Director of the Company, effective immediately. The Board of Directors thanks Mr. Fisher for his service to Victory Nickel and wishes him well in the future. Victory Nickel Inc. is a Canadian company with four sulphide nickel deposits containing significant NI 43-101-compliant [...]
Victory Nickel today announced that it has completed two exploration diamond drill holes at its 100%-owned Minago sulphide nickel project in Manitoba and that it continues to operate its 7P Sand Plant in Seven Persons, AB. Minago Drilling Minago is located approximately 225 kilometres south of Thompson. The nickel mineralization at Minago is hosted [...]
Victory Nickel today announced that its subsidiary Victory Silica Ltd. has executed an agreement with Short Grass Ranches Ltd. giving the Company the ability to mine frac sand from one of the Owner's properties. The initial term of the Option is for five years with the ability to extend for additional five-year terms. Prior to signing the [...]
In-line with its strategy to provide a full suite of import and domestic frac sand products to the northern oil and gas markets, Victory Nickel today announced that its subsidiary Victory Silica Ltd. has entered into an agreement with Short Grass Ranches Ltd. giving the Company the option to mine frac sand from one of the Owner's properties. The [...]
Nictory Nickel today announced that René Galipeau has retiredas CEO of the Company, effective immediately, due to personal reasons. The board, management team and shareholders of VictoryNickel have been fortunate to have the benefit of his expertise since theinception of the Company and through the more than challenging circumstancesone [...]
Victory Nickel Inc. today announced that it has filed its financial statements for the year ended December 31, 2017, provided an update on Victory Nickel’s outlook and announced a change of Chief Financial Officer. “Victory Nickel is unique in that three of the Minago project’s most significant value drivers – sulphide [...]
Toronto, Ontario - Victory Nickel Inc. and Nuinsco Resources Ltd. are pleased to announce their attendance at the Prospectors & Developers Association of Canada 2018 Convention in Toronto. Management of both companies will be at booth 2625B of the Investors Exchange on March 6th and 7th to discuss recent developments and future plans. About Victory [...]
Toronto, Ontario - Victory Nickel Inc. today announced that it has completed the restructuring of its secured debt in the amount of $5,500,000 which was to mature on January 31, 2018. The amount has been increased to $7,050,000 to include accrued interest and the maturity date has been extended 18 months to July 31, 2019 . Other terms of the [...]
Toronto, Ontario (FSCwire) - Victory Nickel Inc. (“Victory Nickel” or the “Company”) (CSE: NI, www.victorynickel.ca) today announced that it has completed the previously-announced refurbishment of its frac sand wash plant at the Seven Persons plant near Medicine Hat, Alberta (see news release dated August 16, 2017). The [...]
