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Tartisan Nickel Corp.
Tartisan Nickel Corp.
Registriert in: Kanada WKN: A2JGWV Rohstoffe:
Art: Originalaktie ISIN: CA87649R1047 Gold
Silber
Kupfer
Nickel
Blei
Zink
Heimatbörse: CSE Alternativ:
Währung: CAD    
Symbol: TN.CSE Forum:

Tartisan Nickel Corp. Announces Intention to Commence Normal Course Issuer Bid to Repurchase Up To 5% Of Its Common Shares

10.03.2021 | 8:00 Uhr | Accesswire

TORONTO, March 10, 2021 - Tartisan Nickel Corp. (CSE:TN)(OTC PINK:TTSRF)(FSE:A2D) ("Tartisan", or the "Company") announces its intention to commence a normal course issuer bid ("NCIB"), under which the Company may purchase up to 5,246,456 of the Company's common shares, representing approximately 5% of the issued and outstanding common shares of the Company.

Tartisan is commencing the "NCIB" because it believes that the underlying value of the Kenbridge Nickel Project, along with the Company's portfolio holdings, are not adequately reflected in the market price of its common shares. Tartisan Nickel Corp. believes that the repurchase of its common shares for cancellation represents an appropriate use of the Company's financial resources and will enhance shareholder value.

The "NCIB" is expected to commence on March 17, 2021 and terminate on March 17, 2022. All common shares purchased under the "NCIB" will be purchased on the open market through the facilities of the Canadian Securities Exchange (the "CSE") and/or alternative trading systems. All purchases made under the "NCIB" will be at the prevailing market price for the common shares at the time of purchase. Common shares acquired by the Company under the "NCIB" will be cancelled. Tartisan Nickel Corp. has appointed Independent Trading Group (ITG) Limited as its broker to conduct the "NCIB" purchases on its behalf.

About Tartisan Nickel Corp.

Tartisan Nickel Corp. is a Canadian based mineral exploration and development company which owns; the Kenbridge Nickel Project in Northwestern Ontario, the Sill Lake Lead-Silver Project in Sault St. Marie, Ontario as well as the Don Pancho Manganese-Zinc-Lead-Silver Project in Peru.

The Company has an equity stake in; Eloro Resources Limited, Class 1 Nickel & Technologies Limited, Peruvian Metals Corp. and Silver Bullet Mines Inc.

Tartisan Nickel Corp.'s common shares are listed on the Canadian Securities Exchange (CSE:TN; US-OTC:TTSRF; FSE:A2D). Currently, there are 104,929,132 shares outstanding (110,954,714 fully diluted).

For further information, please contact Mark Appleby, President & CEO and a Director of the Company, at 416-804-0280 (info@tartisannickel.com). Additional information about Tartisan Nickel Corp. can be found at the Company's website at www.tartisannickel.comor on SEDAR at www.sedar.com.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

SOURCE: Tartisan Nickel Corp.



View source version on accesswire.com:
https://www.accesswire.com/634613/Tartisan-Nickel-Corp-Announces-Intention-to-Commence-Normal-Course-Issuer-Bid-to-Repurchase-Up-To-5-Of-Its-Common-Shares

 
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Weitere Nachrichten, englisch zu Tartisan Nickel Corp.
28.06.21 Tartisan Nickel Corp. Commences 10,000 Meter Drill Program at the Kenbridge Nickel Deposit and on the Kenbridge North Target
21.06.21 Tartisan Nickel Corp. Closes the Second Tranche of the $4,482,000 Flow-Through Financing at $0.57 per Unit
08.06.21 Tartisan Nickel Corp. Arranges $4,482,000 Flow-Through Financing at $0.57 per Unit and Has Closed First Tranche
01.06.21 Tartisan Files Enhanced Disclosure and (Amended) Technical Report and Updated Mineral Resource Estimate of the Kenbridge Nickel Project, Kenora, Ontario
11.05.21 Tartisan Nickel Corp. Provides Updated National Instrument 43-101 Technical Report on the Sill Lake Lead-Silver Property, Van Koughnet Township, Ontario
05.05.21 Tartisan Nickel Corp. Provides Ground and Borehole Electromagnetic Update for the Kenbridge Nickel Project, Kenora Mining District, Ontario
10.03.21 Tartisan Nickel Corp. Announces Intention to Commence Normal Course Issuer Bid to Repurchase Up To 5% Of Its Common Shares
02.03.21 Tartisan Nickel Corp. Announces Geophysical Survey at the Kenbridge Nickel-Copper-Cobalt Project, Kenora Mining District, Ontario to Assess Targets
17.02.21 Tartisan Nickel Corp. Purchases Sill Lake Lead-Silver Boundary Claims, Stakes Additional Cells
02.02.21 Tartisan Nickel Corp. Updating the Preliminary Economic Assessment on the Kenbridge Nickel Deposit, Kenora Mining District, Ontario
29.01.21 Tartisan Nickel Corp. Announces Webinar on Thursday February 11, 2021 at 12 Noon EST
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