Power Nickel Inc. is pleased to announce it has closed the final tranche of the private placement previously announced on March 13, 2023 for 1,032,000 flow-through units of the Company, at a price of $0.50 per FT Unit, for gross proceeds of CAD $516,000. The Company has received conditional TSX Venture Exchange approval for the Private Placement. "We are pleased to close the final tranche of our previously announced [...]
Power Nickel Inc. is pleased to announce it has closed the second tranche of the private placement previously announced on March 13, 2023 for 5,170,000 flow-through units of the Company, at a price of $0.50 per FT Unit, for gross proceeds of CAD $2,585,000. The Company has received conditional TSX Venture Exchange approval for the Private Placement. "We are pleased to close the Second Tranche of our previously announced [...]
Power Nickel Inc. is pleased to announce it has closed the 1st tranche of the private placement previously announced on March 13, 2023 for 3,418,000 flow-through units of the Company, at a price of $0.50 per FT Unit, for gross proceeds of CAD $1,709,000. The Company has received conditional TSX Venture Exchange approval for the Private Placement. "We are pleased to close the first Tranche of our previously announced [...]
Power Nickel Inc. is pleased to announce it has received commitments to over subscribe the previously announced private placement of up to 10,000,000 flow-through units of the Company, at a price of $0.50 per FT Unit, for aggregate gross proceeds of up to CAD $5,000,000. "Despite Challenging market conditions our Offering was extremely well received and we are pleased to advise that we will over subscribe the financing [...]
Power Nickel Inc. is pleased to announce a proposed private placement of up to 10,000,000 flow-through units of the Company, at a price of $0.50 per FT Unit, for aggregate gross proceeds of up to CAD $5,000,000. Each FT Unit will be composed of one common share of the Company that qualifies as a "flow-through share" , for purposes of the Income Tax Act , and one-half of one transferable non-flow-through common share [...]
1.40% Ni, 0.88% Cu, O.09 Co,2.52 g/t Palladium,0.56g/t Platinum over 10.2M Hole PN-22-012 0.99% Ni, 0.68% Cu, O.06 Co,0.99 g/t Palladium,0.52g/t Platinum over 5.2M Hole PN-22-011 Highlights Recent assay results from the current drill program at the Nisk deposit continue to return high grade Ni-Cu-Co sulphide and PGE mineralization. Significant results from this batch of assays include: 10.25 metres of 1.4% Ni, 0.88% Cu [...]
Power Nickel Inc. CEO Terry Lynch joined Steve Darling from Proactive to share news the junior explorer has agreed to a partnership with Australia-based Fleet Space Technologies, which develops and operates microsatellites that deliver universal connectivity across the globe. Lynch told Proactive that connectivity also includes exploring for nickel using satellite-enabled earth scanning technology called Ambient Noise [...]
Proprietary "Exosphere" Approach To Enhance Exploration at Nisk Mining Project Power Nickel Inc. Power Nickel, a Canadian metal exploration company, has announced a partnership with Australian-based Fleet Space Technologies, a developer and operator of a constellation of microsatellites that delivers universal connectivity across the globe, including the exploration of Nickel ore deposits at its NISK project. Power [...]
Power Nickel Inc. announced today that the company has retained Karbon-X Corp to retire 159 high quality Verra VCU carbon offsets, in the name of Power Nickel Inc. These 159 carbon offsets will counteract 159 tonnes of greenhouse gas emitted by the burning of 60,000 litres of diesel in their exploratory drilling operations and represents Power Nickel's commitment to offsetting their drilling program in the years to come [...]
0.88% Ni, 0.56% Cu, 0.06% Co, 1.64 ppm Pd and 0.15 ppm Pt over 40.30m in PN-22-009 Highlights Recent assay results from the current drill program at the Nisk deposit continue to return high-grade Ni-Cu- Co sulfide and PGE mineralization. Significant results from this batch of assays include: 40.3m @ 0.88% Ni, 0.56% Cu, 0.06% Co, 1.64 ppm Pd and 0.15 ppm Pt Including: 25.86m @ 1.17% Ni, 0.80% Cu, 0.08% Co, 1.46 ppm Pd and [...]
1.17% Ni, 0.80% Cu, 0.08% Co, 1.46 ppm Pd and 0.23 ppm Pt over 25.86m in PN-22-009 Including 11.00m @ 1.50% Ni, 0.93% Cu, 0.10% Co, 1.85 ppm Pd and 0.36 ppm Pt and 1.80m @ 1.97% Ni, 0.41% Cu, 0.14% Co and 2.03 ppm Pd Highlights Recent assay results from the current drill program at the Nisk deposit continue to return high-grade Ni-Cu- Co sulfide and PGE mineralization. Significant results from this batch of assays [...]