Extended Research

  • Trending
  • Comments
  • Latest
Commodities Outlook 2019: Why Scotiabank is bullish on most metals

Golden Opportunities: 20 Junior Mining Companies To Keep An Eye On As Gold Spikes

July 14, 2020
Nickel Investment Opportunities: 5 Junior Mining Companies To Keep an eye on as Nickel gains traction

Nickel Investment Opportunities: 5 Junior Mining Companies To Keep an eye on as Nickel gains traction

August 25, 2020
Diamond Mining 101

Diamond Mining 101

July 14, 2020
St-Georges Eco-Mining Subsidiaries: SX Metallurgy

St-Georges Eco-Mining Subsidiaries: SX Metallurgy

April 2, 2021
Insidexploration Showcase

Top 20 of 2020: Part 1 of 2; Junior Mining Companies to Add to Your Watchlist

July 14, 2020
Canada Nickel Consolidates and Expands Nickel Land Package and Acquires Sixth Nickel Target From Noble Mineral Exploration

Canada Nickel Consolidates and Expands Nickel Land Package and Acquires Sixth Nickel Target From Noble Mineral Exploration

April 22, 2021
Noble Announces Change on its Board of Directors

Noble Announces Change on its Board of Directors

April 22, 2021
Windfall Geotek Announces Strategic Projects Advisory Board with Colonel Stephen Appleton as the Chairman

Windfall Geotek Announces Strategic Projects Advisory Board with Colonel Stephen Appleton as the Chairman

April 21, 2021

Red Pine Exploration: The Wawa High Grade Gold Project

April 19, 2021
ArcPacific Intersects Multiple Wide Zones of Quartz Veining in First Four Holes

ArcPacific Intersects Multiple Wide Zones of Quartz Veining in First Four Holes

April 19, 2021

Extended Research

  • Trending
  • Comments
  • Latest
Commodities Outlook 2019: Why Scotiabank is bullish on most metals

Golden Opportunities: 20 Junior Mining Companies To Keep An Eye On As Gold Spikes

July 14, 2020
Nickel Investment Opportunities: 5 Junior Mining Companies To Keep an eye on as Nickel gains traction

Nickel Investment Opportunities: 5 Junior Mining Companies To Keep an eye on as Nickel gains traction

August 25, 2020
Diamond Mining 101

Diamond Mining 101

July 14, 2020
St-Georges Eco-Mining Subsidiaries: SX Metallurgy

St-Georges Eco-Mining Subsidiaries: SX Metallurgy

April 2, 2021
Insidexploration Showcase

Top 20 of 2020: Part 1 of 2; Junior Mining Companies to Add to Your Watchlist

July 14, 2020
Canada Nickel Consolidates and Expands Nickel Land Package and Acquires Sixth Nickel Target From Noble Mineral Exploration

Canada Nickel Consolidates and Expands Nickel Land Package and Acquires Sixth Nickel Target From Noble Mineral Exploration

April 22, 2021
Noble Announces Change on its Board of Directors

Noble Announces Change on its Board of Directors

April 22, 2021
Windfall Geotek Announces Strategic Projects Advisory Board with Colonel Stephen Appleton as the Chairman

Windfall Geotek Announces Strategic Projects Advisory Board with Colonel Stephen Appleton as the Chairman

April 21, 2021

Red Pine Exploration: The Wawa High Grade Gold Project

April 19, 2021
ArcPacific Intersects Multiple Wide Zones of Quartz Veining in First Four Holes

ArcPacific Intersects Multiple Wide Zones of Quartz Veining in First Four Holes

April 19, 2021
  • Home
  • News Feed
  • Company Directory
    • BMK: MacDonald Mines Exploration
    • CNC: Canada Nickel Company
    • GPY: Golden Predator Mining
    • KRR: Karora Resources
    • NOB: Noble Minerals
    • NRG: Newrange Gold Corp
    • RJX: RJK Explorations
    • RPX: Red Pine Exploration
    • SHL – Spruce Ridge Resources
    • SX: St-Georges Eco-Mining
    • WIN: Windfall Geotek
    • :: All Companies ::
  • Articles
  • Videos
    • Research Videos
    • BMK Videos
    • CNC Videos
    • IMR Videos
    • KRR Videos
    • NOB Videos
    • NRG Videos
    • RJX Videos
    • WIN Videos
  • Galleries
    • RJK Paradis Pond Photo Gallery
    • Canada Nickel Core Shack Photos
    • Golden Predator Mining Photo Gallery
    • Canada Nickel Gallery
    • Newrange Gold Pamlico Project Site Photos
    • MacDonald Mines Exploration Gallery
    • RJK Explorations Bishop and KON Claim Gallery
    • RJK Explorations Kon Claim Core Photos
    • Noble Mineral Gallery
    • iMetal Resources Prospecting Gallery
    • Beta Hunt Core Photos – KRR Minerals Exclusive Insidexploration
    • Beta Hunt – KRR Minerals Exclusive Photos Insidexploration
    • PDAC 2019
    • The Perth Mint
    • Kalgoorlie Super Pit Australia
  • Research Center
    • Case Studies
    • Research Articles
    • Research Videos
    • Associates
No Result
View All Result
Insidexploration
  • Home
  • News Feed
  • Company Directory
    • BMK: MacDonald Mines Exploration
    • CNC: Canada Nickel Company
    • GPY: Golden Predator Mining
    • KRR: Karora Resources
    • NOB: Noble Minerals
    • NRG: Newrange Gold Corp
    • RJX: RJK Explorations
    • RPX: Red Pine Exploration
    • SHL – Spruce Ridge Resources
    • SX: St-Georges Eco-Mining
    • WIN: Windfall Geotek
    • :: All Companies ::
  • Articles
  • Videos
    • Research Videos
    • BMK Videos
    • CNC Videos
    • IMR Videos
    • KRR Videos
    • NOB Videos
    • NRG Videos
    • RJX Videos
    • WIN Videos
  • Galleries
    • RJK Paradis Pond Photo Gallery
    • Canada Nickel Core Shack Photos
    • Golden Predator Mining Photo Gallery
    • Canada Nickel Gallery
    • Newrange Gold Pamlico Project Site Photos
    • MacDonald Mines Exploration Gallery
    • RJK Explorations Bishop and KON Claim Gallery
    • RJK Explorations Kon Claim Core Photos
    • Noble Mineral Gallery
    • iMetal Resources Prospecting Gallery
    • Beta Hunt Core Photos – KRR Minerals Exclusive Insidexploration
    • Beta Hunt – KRR Minerals Exclusive Photos Insidexploration
    • PDAC 2019
    • The Perth Mint
    • Kalgoorlie Super Pit Australia
  • Research Center
    • Case Studies
    • Research Articles
    • Research Videos
    • Associates
Insidexploration
  • Home
  • News Feed
  • Company Directory
    • BMK: MacDonald Mines Exploration
    • CNC: Canada Nickel Company
    • GPY: Golden Predator Mining
    • KRR: Karora Resources
    • NOB: Noble Minerals
    • NRG: Newrange Gold Corp
    • RJX: RJK Explorations
    • RPX: Red Pine Exploration
    • SHL – Spruce Ridge Resources
    • SX: St-Georges Eco-Mining
    • WIN: Windfall Geotek
    • :: All Companies ::
  • Articles
  • Videos
    • Research Videos
    • BMK Videos
    • CNC Videos
    • IMR Videos
    • KRR Videos
    • NOB Videos
    • NRG Videos
    • RJX Videos
    • WIN Videos
  • Galleries
    • RJK Paradis Pond Photo Gallery
    • Canada Nickel Core Shack Photos
    • Golden Predator Mining Photo Gallery
    • Canada Nickel Gallery
    • Newrange Gold Pamlico Project Site Photos
    • MacDonald Mines Exploration Gallery
    • RJK Explorations Bishop and KON Claim Gallery
    • RJK Explorations Kon Claim Core Photos
    • Noble Mineral Gallery
    • iMetal Resources Prospecting Gallery
    • Beta Hunt Core Photos – KRR Minerals Exclusive Insidexploration
    • Beta Hunt – KRR Minerals Exclusive Photos Insidexploration
    • PDAC 2019
    • The Perth Mint
    • Kalgoorlie Super Pit Australia
  • Research Center
    • Case Studies
    • Research Articles
    • Research Videos
    • Associates
  • Login
  • Register
Insidexploration

Canada Nickel Announces $1.5 Million Non-Brokered Private Placement and Extends the Accelerated Expiry Date of Warrants

by MikeyMike426
August 11, 2020
in CNC, CNC News, News Room
0
Canada Nickel Announces $1.5 Million Non-Brokered Private Placement and Extends the Accelerated Expiry Date of  Warrants

TORONTO, Aug. 11, 2020 /CNW/ – Canada Nickel Company Inc. (TSXV: CNC) (“Canada Nickel” or the “Company”)  announced today an offering (the “Offering”) of up to 600,000 flow-through common shares (“FT Shares”) at a price of $2.60 per FT Share, for total gross proceeds of approximately $1.5 million. The FT Shares will be offered by way of a best efforts non-brokered private placement to “accredited investors” resident in a Canadian jurisdiction. 

The gross proceeds of the Offering will be used to fund advancement of the Company’s nickel-cobalt sulphide exploration activities through the incurrence of expenses that are eligible “Canadian Exploration Expenses” which will also qualify as “flow-through mining expenditures” within the meaning of s. 127(9) of the Income Tax Act (Canada), and will be eligible for the 5% Ontario Focused Flow-Through Share Credit pursuant to the Ontario Taxation Act.

The closing of the Offering is anticipated to occur on or around September 10, 2020, and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the acceptance of the TSX Venture Exchange. All securities issued under the Offering will be subject to a statutory hold period in Canada expiring four months and one day from the closing date.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Extension to Accelerated Expiry Date applicable to Warrants

The Company also announced today that it is extending the Accelerated Expiry Date applicable with respect to the common share purchase warrants (the “Warrants”), issued on May 5, 2020 under the warrant indenture (the “Warrant Indenture”) between TSX Trust Company (the “Warrant Agent”) and the Company, from August 21, 2020 to September 14, 2020 (the “Accelerated Expiry Date”) to allow Warrant holders additional time to exercise their Warrants. The Company has delivered to the Warrant Agent a notice of the occurrence of an Early Expiry Event (as defined in the Warrant Indenture) and its election to extend the expiry date of the Warrants the Accelerated Expiry Date.

Mark Selby, Chair and CEO of Canada Nickel, commented “We are making this change after receiving several requests from some of our retail shareholders, particularly those who have shares in registered accounts, to extend the original accelerated expiry date beyond the four-month hold period of the underlying shares. We appreciate the support that all of our investors have shown Canada Nickel since listing in February 2020 and we are glad to be in a position to accommodate this request.  We are also pleased to announce this financing which will allow us to aggressively pursue additional exploration targets once our in-fill drilling for the current resource is completed this month.”

Any Warrants that have not been exercised by 5:00 p.m. (Toronto time) on the extended Accelerated Expiry Date (September 14, 2020) will automatically expire and no longer be exercisable. Warrant holders who have already exercised their Warrants need not take any action. Questions regarding this acceleration or the exercise of the Warrants should be directed to the Company at info@canadanickel.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Canada Nickel Company

Canada Nickel Company Inc. is advancing the next generation of nickel-cobalt sulphide projects to deliver nickel and cobalt required to feed the high growth electric vehicle and stainless steel markets. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero NickelTM, NetZero CobaltTM, NetZeroIronTM and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel and cobalt in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp.

Cautionary Statement Concerning Forward-Looking Statements

This press release contains certain information that may constitute “forward-looking information” under applicable Canadian securities legislation. Forward looking information includes, but is not limited to,  timing of the completion and size of the Offering, drill results relating to the Crawford Nickel-Cobalt Sulphide Project, the potential of the Crawford Nickel-Cobalt Sulphide Project, timing of economic studies and resource estimates, strategic plans, including future exploration and development results, and corporate and technical objectives. Forward-looking information is necessarily based upon a number of assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Factors that could affect the outcome include, among others: future prices and the supply of metals, the future  demand for metals, the results of drilling, inability to raise the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities (known and unknown), general business, economic, competitive, political and social uncertainties, results of exploration programs, timing of the updated resource estimate, risks of the mining industry, delays in obtaining governmental approvals, and failure to obtain regulatory or shareholder approvals. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Previous Post

Karora Announces Strong Second Quarter Financial and Operating Results, Reiterates 2020 Guidance

Next Post

Windfall Geotek Cards AI Receives Validation in The Red Lake Mining Camp

MikeyMike426

MikeyMike426

I am a 3rd generation miner who was born and raised in the silver capital of Canada, Cobalt, Ontario. For the last 10 years I have been invested in the mining sector and as a retail investor found it difficult gathering information on companies of interest. For this reason we created Insidexploration.com as a means to share our due diligence with investors all around the world. Disclosure The thoughts and opinions expressed in my articles and research reports are my own and do not represent those of the companies I write about. I often buy and sell the stocks I write about and may do so at any point in time without warning. Disclaimer My articles and research reports should not be considered a solicitation to purchase or sell securities or a recommendation to buy or sell securities. The information provided is derived from sources believed to be accurate, but cannot be guaranteed. I do not take into account the particular investment objectives, financial situations, or needs of individual recipients and other issues (e.g. prohibitions to investments due to law, jurisdiction issues, etc.) which may exist for certain persons. I am not a registered financial advisors and one should always do your own due diligence and consult a licensed investment adviser prior to making any investment decisions. Always reference www.SEDAR.com for important risk disclosures.

Related Posts

Canada Nickel Consolidates and Expands Nickel Land Package and Acquires Sixth Nickel Target From Noble Mineral Exploration
CNC

Canada Nickel Consolidates and Expands Nickel Land Package and Acquires Sixth Nickel Target From Noble Mineral Exploration

April 22, 2021

...

Noble Announces Change on its Board of Directors
News Room

Noble Announces Change on its Board of Directors

April 22, 2021

...

Windfall Geotek Announces Strategic Projects Advisory Board with Colonel Stephen Appleton as the Chairman
News Room

Windfall Geotek Announces Strategic Projects Advisory Board with Colonel Stephen Appleton as the Chairman

April 21, 2021

...

Next Post
Windfall Geotek Cards AI Receives Validation in The Red Lake Mining Camp

Windfall Geotek Cards AI Receives Validation in The Red Lake Mining Camp

MacDonald Mines Resumes Drilling and Launches its Summer 2020 Exploration Program at its SPJ Project

MacDonald Mines Resumes Drilling and Launches its Summer 2020 Exploration Program at its SPJ Project

Windfall Geotek (TSX.V: WIN) – A Path to Discoveries, The Metanor Resources, Barry Gold Project

Windfall Geotek (TSX.V: WIN) - A Path to Discoveries, The Metanor Resources, Barry Gold Project

Please login to join discussion
No Result
View All Result

Follow Us On Social Media

Live insidexploration Tweets

InsidexplorationFollow1,317835

Insidexploration was built for investors by investors and through the use of multimedia, we bring due diligence to a whole new level.

Insidexploration
insidexplr avatarInsidexploration@insidexplr·
14h 1385209695737110539

Canada Nickel Consolidates and Expands Nickel Land Package and Acquires Sixth Nickel Target From Noble Mineral Exploration

Keep up the great work @MarkSelby74 @CanadaNickel @NobleMineral $CNC.V $NOB $SHL #Nickel #NetZeroCarbon #Timmins

Image for twitter card

Canada Nickel Consolidates and Expands Nickel Land Package and Acquires Sixth Nickel Target From Noble Mineral Exploration

TORONTO, April 22, 2021 - Canada Nickel Company Inc. ("Canada Nickel" or "the Company") (TSXV: CNC) (OTCQB: CNIKF) is pleased to

insidexploration.com

Reply on Twitter 1385209695737110539Retweet on Twitter 13852096957371105397Like on Twitter 138520969573711053912Twitter 1385209695737110539
insidexplr avatarInsidexploration@insidexplr·
21 Apr 1384892539694690304

Windfall Geotek is building a solid team of very well connected individuals and developing strategic partnerships that are truly unlocking the value of the CARDS Technology

@WGeotek @DraganflyInc $WIN $WINKF $DFLY #AI #MachineLearning #Landminedetection
#Savinglives #NATO

Image for the Tweet beginning: Windfall Geotek is building a
Reply on Twitter 1384892539694690304Retweet on Twitter 138489253969469030414Like on Twitter 138489253969469030415Twitter 1384892539694690304
insidexplr avatarInsidexploration@insidexplr·
21 Apr 1384886716394352646

Check out this beautiful mineralization at the top of the historic shaft on the Rickard Gold Property.

@ArcPacific_ACP $ACP is currently drilling on claim 18405, which encompasses the shaft and hasn't been touched in almost 70 years.

Very Exciting Project!

Image for the Tweet beginning: Check out this beautiful mineralization
Image for the Tweet beginning: Check out this beautiful mineralization
Reply on Twitter 1384886716394352646Retweet on Twitter 13848867163943526467Like on Twitter 13848867163943526469Twitter 1384886716394352646
insidexplr avatarInsidexploration@insidexplr·
21 Apr 1384838000224440323

Windfall Geotek Announces Strategic Projects Advisory Board with Colonel Stephen Appleton as the Chairman

@WGeotek $WIN $WINKF $DFLY #Military #Nato #Landminedetection #savinglives #DisruptiveTech #Machinelearning #AI #Exploration #mining

Image for twitter card

Windfall Geotek Announces Strategic Projects Advisory Board with Colonel Stephen Appleton as the Chairman

Highlights: Highly Decorated Military officer Col Appleton agrees to lead Strategic Advisory Board for commercialization ...

insidexploration.com

Reply on Twitter 1384838000224440323Retweet on Twitter 13848380002244403233Like on Twitter 13848380002244403235Twitter 1384838000224440323
insidexplr avatarInsidexploration@insidexplr·
20 Apr 1384617505071718401

Looks Like our friends at @StGeorgesPlat have been busy staking some ground around the Manicouagan Palladium Project!

Looking forward to some exploration updates :) $SX $SXOOF @maikan5 @despac2 @Steeltown12345

Want to know more? follow the link
https://insidexploration.com/st-georges-eco-mining-the-manicouagan-palladium-project/

Image for the Tweet beginning: Looks Like our friends at
Image for the Tweet beginning: Looks Like our friends at
Reply on Twitter 1384617505071718401Retweet on Twitter 13846175050717184017Like on Twitter 138461750507171840115Twitter 1384617505071718401
insidexplr avatarInsidexploration@insidexplr·
20 Apr 1384486679659044868

Better start paying attention to this project!

@ArcPacific_ACP $ACP is currently drilling around The Past Producing High Grade Rickard Gold Mine just North of Timmins, Ontario.

Early drilling looks very encouraging!

Better start paying attention to this project!

@ArcPacific_ACP $ACP is currently drilling around The Past Producing High Grade Rickard Gold Mine just North of Timmins, Ontario. 

Early drilling looks very encouraging!
Mike Coyle@Mikeymike426

While on site at the @ArcPacific_ACP $ACP Rickard Gold Project, we went to check out the old shaft and it did not disappoint! Look at that mineralization!

#Timmins #Abitibigreenstone #Gold

Reply on Twitter 1384486679659044868Retweet on Twitter 13844866796590448687Like on Twitter 138448667965904486812Twitter 1384486679659044868
Load More...
  • Trending
  • Comments
  • Latest
Nickel Investment Opportunities: 5 Junior Mining Companies To Keep an eye on as Nickel gains traction

Nickel Investment Opportunities: 5 Junior Mining Companies To Keep an eye on as Nickel gains traction

August 25, 2020
Commodities Outlook 2019: Why Scotiabank is bullish on most metals

Golden Opportunities: 20 Junior Mining Companies To Keep An Eye On As Gold Spikes

July 14, 2020
Insidexploration Showcase

Top 20 of 2020: Part 1 of 2; Junior Mining Companies to Add to Your Watchlist

July 14, 2020

Top 20 of 2020: Part 2 of 2; Junior Mining Companies to Add to Your Watchlist

July 14, 2020
Diamond Mining 101

Diamond Mining 101

July 14, 2020

Insidexploration Beta Hunt Mine Tour – RNC Minerals

Cobalt: Discovering the Mining History Of Northern Ontario

Cobalt: Discovering the Mining History Of Northern Ontario

Mike Coyle interviews Mark Selby on the New Resource Update

Mike Coyle interviews Mark Selby on the New Resource Update

MOTHER LODE VEINS- the secret of earth gold

MOTHER LODE VEINS- the secret of earth gold

Kalgoorlie Super Pit Australia

Kalgoorlie Super Pit

Canada Nickel Consolidates and Expands Nickel Land Package and Acquires Sixth Nickel Target From Noble Mineral Exploration

Canada Nickel Consolidates and Expands Nickel Land Package and Acquires Sixth Nickel Target From Noble Mineral Exploration

April 22, 2021
Noble Announces Change on its Board of Directors

Noble Announces Change on its Board of Directors

April 22, 2021
Windfall Geotek Announces Strategic Projects Advisory Board with Colonel Stephen Appleton as the Chairman

Windfall Geotek Announces Strategic Projects Advisory Board with Colonel Stephen Appleton as the Chairman

April 21, 2021

Red Pine Exploration: The Wawa High Grade Gold Project

April 19, 2021
ArcPacific Intersects Multiple Wide Zones of Quartz Veining in First Four Holes

ArcPacific Intersects Multiple Wide Zones of Quartz Veining in First Four Holes

April 19, 2021
Multimedia and analytical due diligence database for the investing community.

About Us
Contact Us
Disclaimer
Privacy Policy
Terms of Service

© Copyright 2020 insidexploration.com
Contact us: insidexploration@gmail.com

Follow Us On Social Media

Popular Posts

Nickel Investment Opportunities: 5 Junior Mining Companies To Keep an eye on as Nickel gains traction

Nickel Investment Opportunities: 5 Junior Mining Companies To Keep an eye on as Nickel gains traction

by MikeyMike426
August 25, 2020

...

Commodities Outlook 2019: Why Scotiabank is bullish on most metals

Golden Opportunities: 20 Junior Mining Companies To Keep An Eye On As Gold Spikes

by MikeyMike426
July 14, 2020

...

Insidexploration Showcase

Top 20 of 2020: Part 1 of 2; Junior Mining Companies to Add to Your Watchlist

by MikeyMike426
July 14, 2020

...

No Result
View All Result
  • Main
  • News Feed
  • Company Directory
  • Inside Edge
  • Galleries
  • Videos
  • Articles
  • Research center
  • Associates
  • Contact us

© Copyright 2020 insidexploration.com | Multimedia and analytical due diligence database for the investing community | Contact us: insidexploration@gmail.com

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkPrivacy policy