Canada Nickel Closes Previously Announced US$15 Million Loan Facility with Auramet International, Inc.
Canada Nickel Company Inc. (TSX-V: CNC) (OTCQX: CNIKF) announced that it has closed a secured loan facility with Auramet International, Inc. of US$15 million previously announced on June 24, 2024. The loan is due January …
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READ MOREJuly 10, 2024
Canada Nickel Announces Creation of 'ExploreCo' Subsidiary with Spin-out of Eastern Exploration Properties and Consolidation of Crawford Regional Land Package
Highlights Consolidation of the Canada Nickel-Noble joint venture in Mann Township and other Canada Nickel exploration projects East of Timmins into a single private company owned 80% by Canada Nickel and 20% by Noble Mineral …
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READ MOREJuly 8, 2024
Canada Nickel Completes Drill Program at Deloro with Resource Estimate Expected in July
Highlights 2024 drilling increases mineralized footprint by 50% to 1.2 kilometres long by up to 700 metres wide. Deloro is located just 8 kilometres south of Timmins with direct road and powerline access and shallow overburden averaging less …
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READ MOREJune 4, 2024
Canada Nickel Continues to Achieve Excellent Drill Results at Reid
Highlights New best interval to date at Reid – 687 metres of 0.27% nickel including 36.0 metres of 0.41% nickel and 7.5 metres of 0.56% nickel in REI24-18. All four holes intersected core lengths of …
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READ MOREMay 6, 2024
Canada Nickel Makes New Discovery at Newmarket Property, Achieves Best Drill Results at Reid to Date and Announces Grant of Options and RSUs
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 …
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READ MOREMarch 18, 2024
Canada Nickel Successfully Completes Initial Infill Drilling at Bannockburn Property "B" Zone; 2024 Exploration Program Conference Call to be Held on February 23
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 …
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READ MOREFebruary 20, 2024
Canada Nickel Company's NetZero Metals Intends to Develop Downstream Nickel & Stainless-Steel Processing Facilities in Timmins Region
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 …
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READ MOREFebruary 8, 2024
Canada Nickel Announces Closing of Samsung SDI Equity Investment
Canada Nickel Company Inc. (TSX-V: CNC) (OTCQX: CNIKF) has completed its previously announced equity investment by Samsung SDI Co., Ltd. for aggregate gross proceeds of US$18.5 million (see Canada Nickel press release dated January 19, 2024). …
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READ MOREFebruary 6, 2024
Canada Nickel Receives Equity Investment from Samsung SDI
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 …
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READ MOREJanuary 12, 2024
Canada Nickel Completes Private Placement of Flow-Through Units & Announces Agnico Eagle as an Investor
Highlights Canada Nickel to receive flow through funding of $34.7 million Agnico Eagle to become a 12% shareholder Canada Nickel Company Inc. (TSX-V: CNC) (OTCQX: CNIKF) has completed a brokered private placement consisting of …
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READ MOREJanuary 2, 2024
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