Canada Nickel Company is pleased to announce the closing of the Company's previously announced "best efforts" private placement for gross proceeds of C$13,000,750, which includes the full exercise of the agent's option. Under the Brokered Offering, the Company sold 15,295,000 units of the Company at a price of C$0.85 per Brokered Unit. Each Brokered Unit consists of one common share of the Company and one-half of one [...]
Canada Nickel Company Inc. is pleased to announce a fully subscribed non-brokered private placement for the sale of 4,245,750 common shares of the Company that will qualify as "flow-through shares" of the Income Tax Act ) at a price of C$1.06 per FT Share for gross proceeds of approximately C$4,500,000 . The Company is also pleased to announce that the Company's previously announced "best efforts" private placement is [...]
Canada Nickel Company Inc. is pleased to announce that as a result of strong investor demand, the Company has increased the size of its previously announced "best efforts" private placement from aggregate gross proceeds of up to C$8,000,200 to aggregate gross proceeds of up to C$11,000,700. The upsized Offering is comprised of the sale of up to 12,942,000 units of the Company at a price of C$0.85 per Unit . Each Unit will [...]
Canada Nickel Company Inc. is pleased to announce that it has entered into a letter agreement with Red Cloud Securities Inc. to act as lead agent and sole bookrunner, on behalf of a syndicate of agents including Scotia Capital Inc. , in connection with a "best efforts" private placement for aggregate gross proceeds of up to C$8,000,200 from the sale of up to 9,412,000 units of the Company at a price of C$0.85 per Unit [...]
Highlights: Mann West Significantly Larger than Initial Crawford Resource: Indicated Resource of 0.4 billion tonnes grading 0.23% nickel containing 0.95 million tonnes of nickel Inferred Resource of 0.6 billion tonnes grading 0.22% nickel containing 1.31 million tonnes of nickel. Indicated resource of 397,000 ounces palladium and platinum and Inferred resource of 593,000 ounces of palladium and platinum Exploration [...]
Highlights New technology has potential to increase CO2 sequestration capacity of Crawford nickel mineralization by up to approximately 10 times compared to Canada Nickel's proprietary IPT Carbonation. Potential to reach more than 500 million tonnes of lifetime CO2 sequestration capacity at Crawford alone . Supports the development of a Zero Carbon Industrial Cluster in Timmins. Canada Nickel Company Inc. is pleased to [...]
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 [...]
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