Premium Nickel Resources Ltd. is pleased to announce that it has filed a technical report, in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects , for the Company's 100% owned nickel, copper, cobalt, platinum-group elements Selkirk Mine in Botswana. The Company acquired the Selkirk Mine together with associated infrastructure and four surrounding prospecting licences in August 2022 [...]
Premium Nickel Resources Ltd. announces that it has entered into an amended and restated promissory note extending the maturity of its previously issued CAD $7 million promissory note from March 22, 2023 to November 24, 2023 . The promissory note is held by Pinnacle Island LP, an arm's-length limited partnership formed under the laws of the Province of Ontario . All other terms of the promissory note remain as previously [...]
Premium Nickel Resources Ltd. is pleased to announce the appointment of Sean Whiteford as President of the Company, succeeding Mark Fedikow who will become a member of the Advisory Board. Mr. Whiteford will transition from his role as Director to become President, effective immediately. Mr. Whiteford is an accomplished geologist and mining executive with over 30 years of multi commodity experience within the global [...]
Premium Nickel Resources Ltd. is pleased to announce that it has closed its previously-announced "best efforts" brokered private placement offering under which 4,437,184 common shares of the Company were issued at a price of CAD$1.75 per Common Share for gross proceeds of CAD$7,765,072.00 . Keith Morrison, CEO, commented: "The Company is continuing financing strategies, along with this placement, to secure strong [...]
Premium Nickel Resources Ltd. announces a brokered private placement, on a "best efforts" basis, of up to 15,430,000 common shares of the Company at a price of CAD$1.75 per common share for gross proceeds of up to CAD$27,002,500 . In connection with the Offering, the Company has entered into an engagement letter with Paradigm Capital Inc. to act as lead agent and sole bookrunner, on behalf of a syndicate of agents to be [...]
Premium Nickel Resources Ltd. is pleased to report additional assay results from the Company's 2022 diamond drilling program at its 100% owned Selebi nickel-copper-cobalt sulphide mine in Botswana. The Company's Phase 1 drilling program was successfully completed in January 2023. The purpose of this Phase 1 program was to demonstrate the upside potential of the Selebi Mine mineralized structures within the 3-kilometer [...]
Premium Nickel Resources Ltd. , is pleased to announce that the common shares of the Company will begin trading on the OTCQX Best Market at the open of the market on January 20, 2023 under the symbol "PNRLF". The Company confirms appointment of Mr. Timothy H. Moran as Chief Legal Officer and Corporate Secretary, effective immediately. Trading on the OTCQX Market is an important step for companies seeking to provide [...]
Premium Nickel Resources Ltd. is pleased to report additional assay results from the Company's 2022 diamond drilling program at its 100% owned Selebi nickel-copper-cobalt sulphide mine in Botswana. The Company previously released results from the first three holes SMD-22-001, SMD-22-002 and SMD 22-001-W1 . Results have been received for an additional four drillholes, SMD-22-006a, SMD-22-006a-W2, SMD-22-007a and the [...]
Premium Nickel Resources Ltd. announces that Mr. Sheldon Inwentash has stepped down from his position as a Director of PNRL, effective immediately. Mr. Inwentash served as a director of the former Premium Nickel Resources Corp. since 2019. The Company wishes to thank Sheldon for his years of service and contributions during his tenure as a director of the Company and Premium Nickel Resources Corp.. About Premium Nickel [...]
Premium Nickel Resources Ltd. is pleased to announce the appointment of MNP LLP as auditor of the Company, effective immediately. MNP is one of the largest full-service chartered professional accountancy and business advisory firms in Canada, with more than 100 offices across Canada, from Victoria to St. John's. PNRL is the continuing company resulting from the reverse take-over transaction completed on August 3, 2022 [...]
Premium Nickel Resources Ltd. is pleased to announce the release of its unaudited condensed financial statements and notes thereto as at and for the three and nine-month periods ended September 30, 2022 , and related management's discussion and analysis. Both documents are available for viewing on SEDAR under the Company's profile. The Financial Statements are the first financial statements released by the Company [...]
Premium Nickel Resources Ltd. is pleased to announce the closing of its previously-announced CAD $7 million secured loan agreement with Pinnacle Island LP, an arm's-length limited partnership formed under the laws of the Province of Ontario. The net proceeds from the Bridge Loan will be used to fund the ongoing redevelopment work programs on the Company's Botswana assets, being its 100% owned Selebi and Selkirk Mines, and [...]
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