Victory Nickel today announced that it has completed a loan agreement whereby the lender provided the Company with a secured loan facility for $1 million. The Loan bears interest at 12% per annum, payable quarterly in arrears and matures on January 31, 2015. As well, negotiations are well advanced to increase this Loan to up to $3.0 million with the additional amount available to fund capital expenditures relating to the [...]
Victory Nickel today announced that it has completed an Asset Purchase Agreement for the Seven Persons sand recycling facility located southwest of Medicine Hat, Alberta. "The acquisition of the 7P Facility presents Victory Silica with an avenue to generate cash flow for Victory Nickel from frac sand production and sales in the near term," said Rene Galipeau, Vice-Chairman and CEO of Victory Nickel.
TORONTO, ONTARIO -- (Marketwire) -- 11/14/12 -- Victory Nickel Inc. ("Victory Nickel" or the "Company") (TSX: NI) (www.victorynickel.ca) announces that it has filed a revised annual information form (the "Revised Annual Information Form") on the System for Electronic Document Analysis and Retrieval (SEDAR), which will be available for viewing under the Company's profile at www.sedar.com. Victory Nickel has chosen to [...]
TORONTO, ONTARIO -- (Marketwire) -- 10/18/12 -- Victory Nickel Inc. ("Victory Nickel" or the "Company") (TSX: NI) (www.victorynickel.ca) today provided an update regarding ongoing initiatives by the Company's subsidiary Victory Silica Ltd. ("VSL").
VSL was created earlier this year to establish Victory Nickel's presence in the frac sand market prior to commencing production of both nickel and frac sand at the [...]
TORONTO, ONTARIO -- (Marketwire) -- 06/26/12 -- Further to the announcement of June 19, 2012, Victory Nickel Inc. ("Victory Nickel" or the "Company") (TSX: NI) (www.victorynickel.ca) today provided additional discussion on the proposed activities of its newly-created subsidiary Victory Silica Ltd. ("VSL") by VSL's CEO Ken Murdock.
Victory Nickel's objective is to establish its presence in the frac sand market through [...]
TORONTO, ONTARIO -- (Marketwire) -- 06/19/12 -- Victory Nickel Inc. ("Victory Nickel" or the "Company") (TSX: NI) (www.victorynickel.ca) today announced its entry into frac sand distribution and sales with the appointment of Ken Murdock, an industry veteran with more than 25 years of experience in the frac sand and industrial mineral industries, as Chief Executive Officer of Victory Silica Ltd. ("VSL"), a wholly owned [...]
Better-Than-Expected Results Continue from Site Preparation WorkTORONTO, ONTARIO -- (Marketwire) -- 05/14/12 -- Victory Nickel Inc. (the "Company") (TSX: NI) (www.victorynickel.ca) today announced several developments arising from the winter work program at its 100%-owned Minago sulphide nickel project in Manitoba.
TORONTO, ONTARIO -- (Marketwire) -- 04/12/12 -- Victory Nickel Inc. (the "Company") (TSX: NI) (www.victorynickel.ca) today announced that drilling is nearing completion on Mining Lease ML-003, approximately five kilometres south of its 100%-owned Minago sulphide nickel project in Manitoba. The Company has been progressively testing nickel bearing rock around the Minago Property beyond the immediate Minago Deposit for [...]
Victory Nickel today announced that drilling is progressing at its 100%-owned Minago sulphide nickel projects in Manitoba. A planned 3,500 metre program is testing a number of geological and geophysical targets around the property that were identified in previous work programs as well as areas that are scheduled for Minago mine infrastructure development. In part, the drilling is evaluating the nickel b
Minago Is a Company-Maker and Is Ready to Go TORONTO, ONTARIO -- (Marketwire) -- 09/19/11 -- Victory Nickel Inc. (the 'Company') (TSX: NI) (www.victorynickel.ca) today announced that its Board of Directors has approved the development of the ...
Mine development can begin this winter with pre-stripping of open pit TORONTO, ONTARIO -- (Marketwire) -- 08/24/11 -- Victory Nickel Inc. (the 'Company') (TSX: NI), (www.victorynickel.ca) today announced that it has been granted by the Manitoba ...
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