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Victory Nickel Announces Management Changes03.05.2021 | 8:00 Uhr | Accesswire
TORONTO, May 3, 2021 - Victory Nickel Inc. ("Victory Nickel" or the "Company") (CSE:NI) today announced that Mr. Sean Stokes has resigned as Interim CEO, Acting CFO and Corporate Secretary effective April 30, 2021. Ms. Cynthia Thomas, Executive Chair, will assume these responsibilities on an interim basis. "Mr. Stokes was a founding executive of the Company and valued member of the Victory Nickel team over the past fourteen years, stepping in as Interim CEO in late 2018. He has provided leadership in completing the recently announced sale of the Minago nickel property (announced February 21, 2021) and concurrent restructuring of the Company's secured debt. His contributions to the Company have been many. We have valued his dedication, strong work ethic and camaraderie," said Ms. Thomas. As announced on March 31, 2021, Victory Nickel has engaged Grant Thornton as financial advisor to assess alternatives in the next phase of restructuring the Company's unsecured debt facilitated by the approximately US$5.75 million in liquidity generated through the sale of the Minago project. There are no assurances that the Company will be able to restructure its remaining unsecured debt and there is no certainty as to what further steps, if any, the debtors, or the Company, will take. About Victory Nickel Victory Nickel Inc. is a Canadian company with significant NI 43-101 sulphide nickel resources in Manitoba and Quebec, containing significant NI 43-101-compliant nickel resources. Additionally, through a wholly-owned subsidiary, Victory Silica Ltd., Victory Nickel has established itself as a producer and marketer of industrial sands in the western Canadian marketplace from its 7P Plant in Medicine Hat, Alberta. Contact: Dieser Artikel stammt von Rohstoff-Welt.de
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