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 [...]
Canada Nickel Company Inc. is pleased to announce the closing of the $20 million Convertible Note with Taykwa Tagamou Nation previously announced on December 16, 2024. The investment marks the largest known direct equity investment by a First Nation in a Canadian critical minerals company to date and reflects a shared commitment to long-term partnership, economic self-determination, and responsible resource development [...]
Canada Nickel Company Inc. today announced it has closed a US$20 million bridge loan facilitated by Ber Tov Capital Corporation , signed on May 9, 2025. The financing provides support to advance the Company's flagship Crawford Nickel Sulphide Project and pay out the existing loan with Auramet International, Inc. . "We're pleased that BT Capital, a long-time participant in our financings, has facilitated this US$20 million [...]
Canada Nickel Company Inc. today announced that it has extended the repayment date of the US$15 million loan facility originally announced July 9, 2024 with Auramet International, Inc. from April 25, 2025 to July 25, 2025 with an option to repay the loan prior to May 9, 2025 without any additional extension fee. Mark Selby, CEO and Director of Canada Nickel Company, said "I am pleased that we are extending repayment of [...]
Canada Nickel Company Inc. welcomed the Ontario government's introduction of the Protect Ontario by Unleashing Our Economy Act, 2025, which is intended to reduce red tape and facilitate more efficient development of critical mineral projects across the province. The proposed legislation aims to accelerate timelines for project approvals, recognizing the urgent and growing demand for responsibly sourced strategic [...]
Canada Nickel Company Inc. is pleased to announce the nomination of Ms. Jackie Przybylowski to its Board of Directors at its upcoming Annual General Meeting on May 28, 2025. In the interim period, Ms. Przybylowski will serve as an observer to the Board. David Smith, Chair of the Board of Canada Nickel, said, "We are delighted to welcome Jackie to the Canada Nickel Board of Directors. Her long career as an accomplished [...]
Highlights Canada Nickel to receive $8 million in cash and 8.9 million shares and hold 62% interest in RoyaltyCo Canada Nickel Company Inc. is pleased to announce the signing of a binding Letter of Intent with Edmiston Drive Capital Corp. on March 17, 2025 whereby a new royalty company will be created to hold net smelter return royalties on all of Canada Nickel regional exploration properties in the Timmins Nickel [...]
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 March 14, 2025 to April 25th, 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 April 25, 2025 allowing us to complete various strategic financing [...]
The Three Giants - Reid, Mann West, and Midlothian continue to deliver strong results Mann West: Highest grade interval to date with 0.63% nickel over 4.5 m within 18 metres of 0.40% nickel within an entire mineralized core length of 452 m of 0.27% nickel, in hole MAN24-79 Midlothian: Consistently higher grades across entire core lengths. 0.32% nickel over 49 metres, within an entire hole length of 441.5 m at 0.29% nickel [...]
Canada Nickel Company Inc. is pleased to announce the signing of an important agreement on March 3, 2025 with Mattagami, Matachewan, and Flying Post First Nations, members of the Wabun Tribal Council, regarding the Crawford Nickel Sulphide Project . This agreement represents a significant step forward in advancing the Crawford Project while fostering collaboration with First Nations. The agreement sets the framework for [...]
Highlights NPV8% Improved by more than $300 million to $2.8 billion IRR Improved by 0.5% to 17.6% versus feasibility study Increase in initial capital cost held to 5% to $2.0 billion Canada Nickel Company Inc. is pleased to provide results of Front End Engineering and Design activities for its Crawford Project, which were completed by the Company's consultants. Engineering activities focused on the initial capital cost [...]
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