Canada Nickel Company Inc. has extended the closing date of the $20 million Convertible Note with Taykwa Tagamou Nation , announced on December 16, 2024. Completion of the transaction is expected to occur by February 14, 2025 and is subject to certain conditions, including the approval of the TSX Venture Exchange, and the receipt of all other required third party consents. About Canada Nickel Company Canada Nickel Company [...]
Highlights Midlothian: entire mineralized core length of 470 metres of 0.31% nickel, including 13.5 metres of 0.41% nickel in hole MID24-15 Bannockburn: All eight holes yielded well-mineralized intervals with five of eight holes containing intervals > 0.3% nickel. Deloro: All eleven holes intersected well-mineralized intervals including hole DEL24-28 with 371 metres of 0.27% nickel including 39 metres of 0.30% nickel [...]
Canada Nickel Company Inc. is pleased to announce that it has been awarded $500,000 from the Government of Ontario's Critical Minerals Innovation Fund to support the development of its nickel processing facility through its wholly owned subsidiary, NetZero Metals Inc. This commitment reinforces Ontario's commitment to building a sustainable and reliable battery metal supply chain while reducing carbon emissions and [...]
Canada Nickel Company Inc. today announced that it has extended the repayment date of the US$15 million loan facility announced July 9, 2024 with Auramet International, Inc. from January 9, 2025, to March 14, 2025. Mark Selby, CEO and Director of Canada Nickel Company, said "I am pleased that we are extending repayment of our loan with Auramet to March 14, 2025 allowing us to complete various strategic financing [...]
Canada Nickel Company Inc. is pleased to announce the signing of two definitive agreements on January 6, 2025 - the previously announced transaction with Noble Mineral Exploration and a definitive agreement with the primary surface rights holder in Crawford and surrounding townships to secure access to 32,000 acres of surface rights required to build the Crawford Nickel Sulphide project . Mark Selby, CEO said, "Today's [...]
Canada Nickel Company Inc. will join the federal government's Equal by 30 campaign in an effort to advance and improve career opportunities for women in the Canadian mining industry before the next decade. The Equal by 30 campaign is a commitment by public and private sector organizations around the world to work towards equal pay, equal leadership, and equal opportunities for women, and other marginalized groups, in the [...]
Canada Nickel Company Inc. is pleased to announce the completion of a non-brokered private placement of an aggregate of 3,480,000 common shares of the Company that will qualify as "flow-through shares" of the Income Tax Act ) , at an issue price of C$1.15 per FT Share, for aggregate proceeds of C$4,002,000 . Mark Selby, CEO said, "After a highly successful exploration program in 2024, this financing allows us to continue [...]
Highlights: Initial Reid Indicated Resource of 0.59 billion tonnes grading 0.24% nickel containing 1.4 million tonnes of nickel, an Inferred Resource of 0.99 billion tonnes grading 0.23% nickel containing 2.2 million tonnes of nickel. Exploration Target1 potential of an additional 0.9-2.1 billion tonnes grading 0.20-0.22% nickel Reid is the second of seven new nickel resources expected to be published by mid-2025 [...]
Highlights: Largest ever known direct investment into a critical minerals mining project in Canada by a First Nation Taykwa Tagamou Nation to hold 8.4% equity in Canada Nickel Company and the right to nominate one individual to the Company's Board of Directors Taykwa Tagamou Nation and Canada Nickel Company Inc. are proud to announce an investment reflecting a shared commitment to advancing Canada Nickel's flagship [...]
Highlights Positive results continue at Mann West with 28 of 31 holes with intervals greater than 0.3% nickel including 0.52% nickel over 37.5 metres in MAN24-61 within 0.28% nickel over 356 metres New discovery at Mann South with MAN24-81 delivering 0.24% nickel over 508 metres Several holes with anomalous PGM horizons such as 0.82 g/t Pt+Pd over 18.6 metres and 0.77 g/t Pt+Pd over 24.5 metres in MAN24-100C at Mann South [...]
Canada Nickel Company Inc. is pleased to announce that the Impact Assessment Agency of Canada has determined that the Impact Statement for the Crawford Nickel Sulphide Project meets the necessary accessibility and formatting requirements and contains sufficient information to proceed into its next phase through a technical review and public comment period. The IAAC's decision marks a key milestone in the development of [...]
Highlights Well-mineralized interval grading 1.11% nickel over 10.1 metres including 1.32% nickel, 0.17% copper and 0.55 g/t palladium + platinum over 4.4 metres Mineralized interval is 138 metres northwest of BAN24-18 which intersected 1.61% nickel over 12.0 metres including 3.95% nickel over 4.0 metres Follow-up drillhole BAN24-21 is in progress with BHEM survey scheduled Canada Nickel Company Inc. is pleased to [...]