Canada Nickel Company announced that it has granted to certain officers and/or employees a total of: 2,165,000 stock options to acquire common shares of the Company, 835,000 restricted share units to be settled in common shares of the Company; and 3,495,000 restricted share units with performance-based vesting conditions to be settled in cash only . The Options have an exercise price of $0.86 per common share, a five-year [...]
Canada Nickel's Timmins Nickel District has a total of six deposits containing 9.2 million tonnes of Measured & Indicated nickel and 9.5 million tonnes of Inferred nickel Mann Central similar scale to Initial Crawford Nickel Project Resource: Indicated Mineral Resource of 236.7 million tonnes grading 0.22% nickel containing 0.52 million tonnes of nickel. Inferred Mineral Resource of 543.2 million tonnes grading 0.21 [...]
Highlights Five holes testing central region at MacDiarmid yielded muti-hundred metre intervals including 0.25% nickel over 363 m in hole MAC 25-09 New exploration phase to commence July 14 at Midlothian Canada Nickel Company is pleased to announce positive results from its latest exploration drilling at the Company's MacDiarmid property. The new drilling program has successfully identified further mineralization [...]
Canada Nickel Company is pleased to announce that it has completed its previously announced non-brokered private placements of 4,245,750 common shares of the Corporation that will qualify as "flow-through shares" of the Income Tax Act, at a price of C$1.06 per Flow-Through Share, and 2,201,259 units of the Corporation at a price of $0.85 per Unit, for aggregate gross proceeds to the Corporation of C$6,371,565.15. The [...]
Canada Nickel Company is pleased to announce the closing of the Company's previously announced "best efforts" private placement for gross proceeds of C$13,000,750, which includes the full exercise of the agent's option. Under the Brokered Offering, the Company sold 15,295,000 units of the Company at a price of C$0.85 per Brokered Unit. Each Brokered Unit consists of one common share of the Company and one-half of one [...]
Canada Nickel Company Inc. is pleased to announce a fully subscribed non-brokered private placement for the sale of 4,245,750 common shares of the Company that will qualify as "flow-through shares" of the Income Tax Act ) at a price of C$1.06 per FT Share for gross proceeds of approximately C$4,500,000 . The Company is also pleased to announce that the Company's previously announced "best efforts" private placement is [...]
Canada Nickel Company Inc. is pleased to announce that as a result of strong investor demand, the Company has increased the size of its previously announced "best efforts" private placement from aggregate gross proceeds of up to C$8,000,200 to aggregate gross proceeds of up to C$11,000,700. The upsized Offering is comprised of the sale of up to 12,942,000 units of the Company at a price of C$0.85 per Unit . Each Unit will [...]
Canada Nickel Company Inc. is pleased to announce that it has entered into a letter agreement with Red Cloud Securities Inc. to act as lead agent and sole bookrunner, on behalf of a syndicate of agents including Scotia Capital Inc. , in connection with a "best efforts" private placement for aggregate gross proceeds of up to C$8,000,200 from the sale of up to 9,412,000 units of the Company at a price of C$0.85 per Unit [...]
Highlights: Mann West Significantly Larger than Initial Crawford Resource: Indicated Resource of 0.4 billion tonnes grading 0.23% nickel containing 0.95 million tonnes of nickel Inferred Resource of 0.6 billion tonnes grading 0.22% nickel containing 1.31 million tonnes of nickel. Indicated resource of 397,000 ounces palladium and platinum and Inferred resource of 593,000 ounces of palladium and platinum Exploration [...]
Highlights New technology has potential to increase CO2 sequestration capacity of Crawford nickel mineralization by up to approximately 10 times compared to Canada Nickel's proprietary IPT Carbonation. Potential to reach more than 500 million tonnes of lifetime CO2 sequestration capacity at Crawford alone . Supports the development of a Zero Carbon Industrial Cluster in Timmins. Canada Nickel Company Inc. is pleased to [...]
Canada Nickel Company Inc. welcomed the Government of Ontario's recognition of the Crawford Nickel Sulphide Project as part of its priority nation building initiatives. In a joint letter to Canada's Minister of Energy and Natural Resources, Ontario's Ministers of Energy and Mines, Natural Resources, and Indigenous Affairs and First Nations Economic Reconciliation identified the Crawford Project as one of five strategic [...]
Highlights Mann West - successful final three holes, Mann West initial resource to be published in June 0.33% nickel over 52 metres within 480 metres of 0.27% nickel in hole MAN24-65 Reid - successful infill drilling program to support an updated resource by year-end 2025 0.27% nickel over 711 metres including 0.45% nickel over 39 metres within 0.37% nickel over 120 metres in REI24-70 Deloro - successful infill drilling [...]
