CA Market News
6日前
Canada Nickel Completes Upsized Non-Brokered Private Placement of Flow-Through Shares and Provides Corporate UpdateJune 10, 2026 5:00 PM
PR Newswire (Canada) /THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./TORONTO, June 10, 2026 /CNW/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce that it has completed its previously announced non-brokered private placement offering (the "Offering"), which was upsized due to strong investor demand to consist of 3,000,000 common shares of the Company that will qualify as "flow-through shares" (as defined in subsection 66(15) of the Income Tax Act (Canada) (the "Tax Act")) (the "Flow-Through Shares"), at a price of C$2.07 per Flow-Through Share for aggregate gross proceeds to the Company of C$6,210,000. The gross proceeds from the Offering will be used by the Company to incur (or be deemed to incur) eligible resource exploration expenses which will qualify as (i) "Canadian exploration expenses" (as defined in the Tax Act), (ii) either (a) "flow-through critical mineral mining expenditures" (as defined in subsection 127(9) of the Tax Act) (which expenditures shall comprise at least 90.34% of such gross proceeds) or (b) "flow-through mining expenditures" (as defined in subsection 127(9) of the Tax Act) (which expenditures shall comprise at most 9.66% of such gross proceeds), and (iii) either (a) "eligible Ontario critical mineral exploration expenditures" within the meaning of subsection 103(4.1) of the Taxation Act, 2007 (Ontario) or (b) "eligible Ontario exploration expenditures" within the meaning of subsection 103(4) of the Taxation Act, 2007 (Ontario) (collectively, the "Qualifying Expenditures"). Qualifying Expenditures in an aggregate amount not less than the gross proceeds raised from the issue of the Flow-Through Shares will be incurred (or deemed to be incurred) by the Company on or before December 31, 2027, and will be renounced by the Company to the initial purchasers of the Flow-Through Shares with an effective date no later than December 31, 2026.The Flow-Through Shares are subject to a hold period expiring four months and one day from the issue date in accordance with applicable Canadian securities laws.The Offering is subject to the final approval of the TSX Venture Exchange.Auramet Loan Facility UpdateIn connection with the previously announced extension of the maturity date of the Company's US$32 million loan facility with Auramet International, Inc., the Company wishes to clarify that the interest rate under the facility has been amended to 15% per annum.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 or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.About Canada Nickel
Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel 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 Nickel , NetZero Cobalt , NetZero Iron 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 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 nickel district. For more information, please visit www.canadanickel.com.For further information, please contact:Mark Selby
CEO and Director
Phone: 647-256-1954
Email: info@canadanickel.comCautionary Statement Concerning Forward-Looking StatementsThis news release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward looking information in this news release includes, but is not limited to, the use of proceeds of the Offering, the ability of the Company to obtain final approval of the TSX Venture Exchange, the tax treatment of the Flow-Through Shares, the timing of incurring the Qualifying Expenditures and the renunciation of the Qualifying Expenditures, and corporate and technical objectives. Forward-looking information is necessarily based upon several 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 Company's properties; environmental liabilities (known and unknown); general business, economic, competitive, political and social uncertainties; results of exploration programs; 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 news 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 because of new information, future events or otherwise, except as required by law.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.SOURCE Canada Nickel Company Inc. Original: Canada Nickel Completes Upsized Non-Brokered Private Placement of Flow-Through Shares and Provides Corporate Update
CA Market News
4週前
Canada Nickel Announces $4.97 Million Private Placement of Flow-Through SharesMay 21, 2026 6:45 AM
PR Newswire (Canada) TORONTO, May 21, 2026 /CNW/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQB: CNIKF) is pleased to announce a non-brokered private placement of an aggregate of up to 2,400,000 common shares of the Company that will qualify as "flow-through shares" (as defined in subsection 66(15) of the Income Tax Act (Canada)) (the "FT Shares"), at an issue price of C$2.07 per FT Share, for aggregate proceeds of C$4.97 million (the "Offering"). Mark Selby, CEO of Canada Nickel said, "With Crawford in the final stage towards a permitting decision expected by early summer and continued progress on government funding, this flowthrough financing will allow us to continue to advance our Timmins Nickel District where we have now published eight separate resources with a ninth coming later this quarter. We believe that the scale of the Timmins Nickel District makes us unique among nickel developers and positions us to benefit from the continued improvement in global nickel markets and renewed interest in nickel from investors."The gross proceeds from the Offering will be used by the Company to incur (or be deemed to incur) eligible resource exploration expenses that will qualify as (i) "Canadian exploration expenses" (as defined in subsection 66.1(6) of the Income Tax Act (Canada)), (ii) "flow-through critical mineral mining expenditures" (as defined in subsection 127(9) of the Income Tax Act (Canada)), and (iii) "eligible Ontario critical mineral exploration expenditures" within the meaning of subsection 103(4.1) of the Taxation Act, 2007 (Ontario) (collectively, the "Qualifying Expenditures"). Qualifying Expenditures in an aggregate amount not less than the gross proceeds raised from the issuance of the FT Shares will be incurred (or deemed to be incurred) by the Company on or before December 31, 2027, and will be renounced by the Company to the initial purchasers of the FT Shares with an effective date no later than December 31, 2026.The FT Shares will be offered by way of private placement in all of the provinces of Canada pursuant to applicable exemptions from the prospectus requirements under applicable Canadian securities laws. All securities issued under the Offering will be subject to a hold period expiring four months and one day from the closing date of the Offering in accordance with applicable Canadian securities laws.The Offering is scheduled to close on or around June 10th, 2026. The closing of the Offering is subject to certain conditions including, but not limited to, the listing of the FT Shares on the TSX Venture Exchange (the "TSX-V"), and the receipt of all necessary approvals including the approval of the TSX-V.
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 or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.About Canada Nickel Company
Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel 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 Nickel , NetZero Cobalt , NetZero Iron 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 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 nickel district. For more information, please visit www.canadanickel.com.For further information, please contact:
Mark Selby CEO
Phone: 647-256-1954
Email: info@canadanickel.comCautionary Statement Concerning Forward-Looking Statements
This press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward looking terminology such as "plans", "expects", or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "does not anticipate", or "believes" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved". Forward looking information in this news release includes, but is not limited to: the use of proceeds of the Offering; the timing and ability of the Company, if at all, to complete the Offering including obtaining the approval of the Offering from the TSX Venture Exchange; the tax treatment of the FT Shares; the timing of incurring the Qualifying Expenditures and the renunciation of the Qualifying Expenditures; upgrading existing mineral resources; publishing new mineral resources on additional properties, including the timing thereof; and statements regarding exploration results, exploration plans and other 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 Company's properties, environmental liabilities (known and unknown), general business, economic, competitive, political and social uncertainties, results of exploration programs, 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. 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. View original content to download multimedia:https://www.prnewswire.com/news-releases/canada-nickel-announces-4-97-million-private-placement-of-flow-through-shares-302778833.htmlSOURCE Canada Nickel Company Inc. Original: Canada Nickel Announces $4.97 Million Private Placement of Flow-Through Shares
CA Market News
4週前
GeoRedox and Canada Nickel Launch First-of-its-kind Geologic Hydrogen Program at Crawford Nickel Project in Timmins, OntarioMay 20, 2026 6:45 AM
PR Newswire (US) Highlights:MOU signed to develop first stimulated geologic hydrogen well at Crawford Nickel Project, Timmins, OntarioZero-carbon hydrogen to be produced from natural chemical reactions in ultramafic rockAdvances Canada Nickel's Zero-Carbon Industrial Cluster vision for the Timmins Nickel DistrictBOSTON and TORONTO, May 20, 2026 /PRNewswire/ - GeoRedox Corporation ("GeoRedox") and Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) are pleased to announce that they have signed a Memorandum of Understanding ("MOU") launching a partnership to develop the world's first stimulated geologic hydrogen well on the site of Canada Nickel's Crawford Nickel Project near Timmins, Ontario.The project will test GeoRedox's proprietary technology for producing zero-carbon hydrogen from ultramafic rock formations - the same geology that underlies Canada Nickel's twenty-plus projects in the Timmins Nickel District - and represents a foundational step toward a zero-carbon industrial cluster in Northeast Ontario.Robert Stoner, President of GeoRedox said: "Hydrogen is used extensively in metals production, which makes GeoRedox a natural partner to the mining industry. In Canada Nickel we're delighted to have partnered with a mining company that shares our commitment to industrial decarbonization and environmental stewardship - and our sense of urgency. Crawford gives us the ideal real-world setting to validate our technology alongside a world-class mining operation. The opportunity to develop a project with Canada Nickel in a well-developed industrial region with extensive infrastructure is truly exciting."Mark Selby CEO of Canada Nickel said, "The ultramafic rock that hosts our Crawford deposit and twenty-plus projects across the Timmins Nickel District is precisely the geology GeoRedox's technology is designed for. This partnership brings us a significant step closer to a Zero-Carbon Industrial Cluster in Northeast Ontario - one that converts our concentrates into finished critical mineral products including nickel, chromium and cobalt, while leveraging the region's significant carbon storage capacity." GeoRedox will fund the demonstration program in full. Canada Nickel will contribute site access, rock samples, technical expertise, data, and other resources necessary for project planning and implementation at Crawford. The demonstration is the first phase of a program that, if successful, has the potential to provide a large-scale, carbon-free hydrogen supply for a zero-carbon industrial cluster in the Timmins Nickel District.Once constructed and in operation, Crawford, which is located in Ontario's Critical Minerals Corridor, is expected to rank among the Western world's largest nickel sulphide projects and among the world's lowest-carbon nickel operations. The project's ultramafic geology - the same rock type that hosts GeoRedox's target formations globally - makes it a natural site for the demonstration program.Qualified Person
Stephen J. Balch P.Geo. (ON), VP Exploration of Canada Nickel and a "qualified person" as defined in NI 43-101, has reviewed and approved the scientific and technical information in this news release.About GeoRedox Corporation
GeoRedox Corporation is a Boston-based early-stage technology developer founded in 2024 by a group of scientists and engineers from the Massachusetts Institute of Technology (MIT). It has developed proprietary Advanced Weathering Enhancement (AWE) technology for producing ultralow cost hydrogen from a variety of rocks and formations widely distributed around the world without the need for a capping layer, or reservoir. The company is currently in the early stages of developing projects in North America, Europe, India and Africa. For more information, visit www.georedox.com, or contact Robert Stoner CEO Phone: 781-733-1340 Email info@georedox.com.About Canada Nickel Company
Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to supply the nickel required for high growth electric vehicle, stainless steel, defence, and broader industrial markets. The Company is developing innovative carbon management and mineralization technologies designed to support the production of lower-carbon nickel, cobalt, and iron products while enabling permanent carbon storage at industrial scale. Through its proprietary In-Process Tailings (IPT) Carbonation approach, Canada Nickel expects to integrate carbon sequestration directly into mining operations and has applied in multiple jurisdictions to trademark the terms NetZero Nickel™, NetZero Cobalt™, and NetZero Iron™. Canada Nickel is also advancing NetZero Metals, a downstream processing strategy intended to support a vertically integrated North American critical minerals supply chain. The Company is positioned to support growing global demand for nickel through large-scale resources located in stable, low political risk jurisdictions and is anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins Nickel District. For more information, please visit www.canadanickel.com.For further information, please contact:
Mark Selby CEO
Phone: 647-256-1954
Email: info@canadanickel.comCautionary Statement Concerning Forward-Looking StatementsThis 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, the potential and viability of Advanced Weathering Enhancement (AWE) technology for producing ultralow cost hydrogen, the potential and viability of carbon sequestration generally, the impact of drilling on the definition of any resource, timing and completion (if at all) of additional mineral resource estimates, the potential of the Timmins Nickel District, strategic plans, including future exploration and development plans and results, and corporate and technical objectives. Forward-looking information is necessarily based upon several 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 2 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, risks of the mining industry, delays in obtaining governmental approvals, 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 because of new information. 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. View original content to download multimedia:https://www.prnewswire.com/news-releases/georedox-and-canada-nickel-launch-first-of-its-kind-geologic-hydrogen-program-at-crawford-nickel-project-in-timmins-ontario-302776376.htmlSOURCE Canada Nickel Company Inc. Original: GeoRedox and Canada Nickel Launch First-of-its-kind Geologic Hydrogen Program at Crawford Nickel Project in Timmins, Ontario
CA Market News
1月前
Canada Nickel Provides Corporate UpdateMay 12, 2026 2:46 PM
PR Newswire (US) TORONTO, May 12, 2026 /PRNewswire/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) today announced that further to the Company's news release dated May 7, 2026, the Company confirms that the 3,500,000 common share purchase warrants granted to Auramet International, Inc. in connection with the extension of the Company's US$32 million loan facility have an exercise price of $1.81 per Common Share, determined in accordance with the previously disclosed pricing formula and the requirements of the TSX Venture Exchange. About Canada NickelCanada Nickel is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless steel markets. Canada Nickel has applied in multiple jurisdictions to trademark the terms NetZero NickelTM, NetZero CobaltTM and NetZero IronTM 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 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. For more information, please visit www.canadanickel.com.For further information, please contact:Mark Selby
CEO
Phone: 647-256-1954
Email: info@canadanickel.comCautionary Statement Concerning Forward-Looking StatementsThis press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward looking information includes the ability of the Company to finance and construct the Crawford Nickel Project, deliver nickel required to feed the high growth electric vehicle and stainless steel markets, and the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Readers should not place undue reliance on forward looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Canada Nickel to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. There are no assurances that Crawford will be placed into production. Factors that could affect the outcome include, among others: inability to repay the loan or comply with the covenants set out in the loan agreement; the actual results of development activities; project delays; inability to raise the funds necessary to complete development; general business, economic, competitive, political and social uncertainties; future prices of metals or project costs could differ substantially and make any commercialization uneconomic; availability of alternative nickel sources or substitutes; actual nickel recovery; conclusions of economic evaluations; changes in applicable laws; changes in project parameters as plans continue to be refined; accidents, labour disputes, the availability and productivity of skilled labour and other risks of the mining industry; political instability, terrorism, insurrection or war; delays in obtaining governmental approvals, necessary permitting or in the completion of development or construction activities; mineral resource estimates relating to Crawford could prove to be inaccurate for any reason whatsoever; additional but currently unforeseen work may be required to advance to the feasibility stage; and even if Crawford goes into production, there is no assurance that operations will be profitable. Although Canada Nickel has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this news release and Canada Nickel disclaims any obligation to update any forward looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. 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. View original content to download multimedia:https://www.prnewswire.com/news-releases/canada-nickel-provides-corporate-update-302769987.htmlSOURCE Canada Nickel Company Inc. Original: Canada Nickel Provides Corporate Update
CA Market News
1月前
Canada Nickel's Crawford Project Clears Penultimate Federal Permitting HurdleMay 12, 2026 6:45 AM
PR Newswire (US) HighlightsDraft Impact Assessment report published by Impact Assessment Agency of CanadaFirst mining project to achieve this stage under 2019 federal Impact Assessment ActFinal permitting decision targeted by early summer 2026TORONTO, May 12, 2026 /PRNewswire/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce that the Impact Assessment Agency of Canada ("IAAC") has published the draft Impact Assessment Report ("Report") for the Crawford Nickel Project ("Crawford"), bringing Crawford one step closer to a final federal permitting decision, expected for early summer 2026. The draft Report represents the penultimate stage of the federal Impact Assessment process and includes IAAC's preliminary conclusions regarding the Project, as well as proposed conditions of approval.Mark Selby CEO of Canada Nickel said, "Crawford has now cleared every major milestone in the federal Impact Assessment process, and we remain firmly on track for a final permitting decision by early this summer. Canada's Impact Assessment Act came into force in 2019 with a significantly broader mandate than its predecessor legislation - requiring projects to demonstrate not just environmental responsibility, but positive outcomes across health, social, and economic dimensions, and for Indigenous peoples' rights. To have advanced Crawford from first drill holes to this milestone in just over six years, as the first mining project to do so under these more rigorous standards, reflects the quality of our team and the depth of work we have put into this Project."Mr. Selby continued, "We appreciate the thorough and collaborative approach taken by IAAC, and the valuable contributions of federal and provincial authorities, Indigenous Nations, and the public throughout this process."On November 22, 2024, Canada Nickel submitted its Impact Statement for Crawford to IAAC. Following a public comment period and technical review involving federal and provincial authorities, Indigenous Nations, and the public, IAAC provided comments on May 30, 2025, outlining additional information required to complete the Impact Statement phase. Canada Nickel submitted its responses to IAAC's comments on December 30, 2025. IAAC has confirmed that the information provided, together with the original Impact Statement, satisfies the requirements of subsection 19(1) of the Act. On March 3, 2026, IAAC published a notice on the Canadian Impact Assessment Registry formally ending the Impact Statement phase and initiating the Impact Assessment phase. Today's announcement is the draft report from the Impact Assessment phase.About Canada Nickel Company
Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel 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 Nickel™, NetZero Cobalt™, NetZero Iron™ 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 in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel Project in the heart of the prolific Timmins-Cochrane mining camp. For more information, please visit www.canadanickel.com.For further information, please contact:
Sydney Oakes
Director of Indigenous Relations and Public Affairs, Canada Nickel Company
Email: sydneyoakes @Gulfbreeze-1954
Email: info@canadanickel.comCautionary Statement Concerning Forward-Looking StatementsThis 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, the results of the timing of the commencement of construction, the expected permitting timeline, the economic impact study in respect of Crawford (including total economic contribution, job creation and tax revenue generation), the potential of Crawford and the Company's other projects, permitting, partnerships with Indigenous Nations, strategic plans, including future exploration and development plans and results, and corporate and technical objectives. Forward-looking information is necessarily based upon several 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, risks of the mining industry, delays in obtaining governmental approvals, 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 because of new information, future events or otherwise, except as required by law. 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. View original content to download multimedia:https://www.prnewswire.com/news-releases/canada-nickels-crawford-project-clears-penultimate-federal-permitting-hurdle-302769081.htmlSOURCE Canada Nickel Company Inc. Original: Canada Nickel's Crawford Project Clears Penultimate Federal Permitting Hurdle
CA Market News
3月前
Canada Nickel Secures Agreements with Hydro One to Commence Engineering for Crawford Nickel Project Power ConnectionMarch 9, 2026 6:45 AM
PR Newswire (US)
TORONTO, March 9, 2026 /PRNewswire/ - Canada Nickel Company Inc. ("Canada Nickel" or "the Company") (TSXV: CNC) (OTCQB: CNIKF) is pleased to announce that it has signed two agreements as part of the Ontario Energy Board's approved connection process with Hydro One Network Inc. (Hydro One), enabling the commencement of engineering work to connect the Company's flagship Crawford Nickel Project ("Crawford"), located 42 kilometers north of Timmins Ontario, to Hydro One's Porcupine Station. The transmission line connecting Crawford to Porcupine Station is planned to be built for the Company via the previously announced project with Taykwa Tagamou Nation.
Mark Selby, CEO of Canada Nickel Company said, "Today's announcement with Hydro One represents an important step in advancing the Crawford Nickel Project. By initiating the engineering work required to connect Crawford via a transmission line to be built by our partner, Taykwa Tagamou Nation, we are laying the groundwork for reliable power delivery and continued progress advancing Crawford. This collaboration underscores our commitment to responsible development and partnership with indigenous communities as we advance one of the world's leading nickel projects."Under the agreements, Hydro One will commence detailed engineering and design work for the line terminal and station entrance at the Porcupine Station. This scope includes facilitation, design and procurement required to connect Crawford, as well as associated engineering work and procurement of long-lead time equipment, including a 230kV circuit breaker. Upon conclusion of the engineering work, the Company will enter into a final agreement for Hydro One to commence construction activities at Porcupine to enable grid connection of the Crawford Project.About Canada Nickel CompanyCanada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel 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, NetZero IronTM 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 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. For more information, please visit www.canadanickel.com.For further information, please contact:
Mark Selby
CEO
Phone: 647-256-1954
Email: info@canadanickel.comCautionary Note and Statement Concerning Forward Looking StatementsThis 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, the potential of the Reid Nickel Sulphide Project, commencement of construction of the Crawford Nickel Project (and the timing thereof), the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, timing and completion (if at all) of additional mineral resource estimates, the potential of the Timmins Nickel District, strategic plans, including future exploration and development plans and results, and corporate and technical objectives. Forward-looking information is necessarily based upon several 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, risks of the mining industry, delays in obtaining governmental approvals, 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 because of new information. 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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/canada-nickel-secures-agreements-with-hydro-one-to-commence-engineering-for-crawford-nickel-project-power-connection-302708055.htmlSOURCE Canada Nickel Company Inc.
Original: Canada Nickel Secures Agreements with Hydro One to Commence Engineering for Crawford Nickel Project Power Connection
CA Market News
3月前
Canada Nickel Achieves Significant Permitting Milestone for Crawford Nickel ProjectMarch 5, 2026 6:45 AM
PR Newswire (US)
HighlightsFederal review of the Crawford Nickel Project's Impact Statement is completeFederal Assessment Impact initiated with permitting decision targeted by summer 2026TORONTO, March 5, 2026 /PRNewswire/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") is pleased to announce that the Impact Assessment Agency of Canada ("IAAC") has formally commenced the Impact Assessment phase under the federal Impact Assessment Act ("the Act") for the Company's Crawford Nickel Project ("Crawford", "the Project"), following confirmation of the completion of the Impact Statement phase.
Mark Selby, CEO of Canada Nickel, said, "As we move into the Impact Assessment phase for Crawford, our focus is firmly on advancing the project with the same transparency and collaboration that has brought us this far. The completion of the Impact Statement phase is an important milestone, and we appreciate the thorough review by IAAC and the valuable input from federal and provincial authorities, Indigenous Nations, and the public. With the collaborative, parallel processing approach alongside IAAC, we anticipate being in a position to receive the federal permitting decision by summer 2026. We remain committed to working closely with all stakeholders and Rightsholders as we enter this critical next stage of development."On November 22, 2024, Canada Nickel submitted its Impact Statement for Crawford to IAAC. Following a public comment period and technical review involving federal and provincial authorities, Indigenous Nations, and the public, IAAC provided comments on May 30, 2025, outlining additional information required to complete the Impact Assessment.Canada Nickel submitted its responses to IAAC's comments on December 30, 2025. IAAC has advised that the information provided, together with the original Impact Statement, satisfies the requirements of subsection 19(1) of the Act. On March 3, 2026, IAAC published a notice on the Canadian Impact Assessment Registry formally ending the Impact Statement phase and initiating the Impact Assessment phase.Pierre-Philippe Dupont, Vice President of Sustainability, said, "Advancing into the Impact Assessment phase marks a significant step forward for Crawford, and builds on the extensive technical work, environmental planning, and Indigenous engagement that has gone into Crawford to date. We remain focused on ensuring the Project meets the highest environmental standards while contributing to Canada's critical minerals strategy and climate objectives."IAAC will prepare a draft Impact Assessment Report and potential conditions based on information provided by Canada Nickel and input from federal and provincial authorities, Indigenous Nations, and the public. The draft report will include IAAC's preliminary conclusions regarding potential adverse effects within federal jurisdiction and whether any such effects are likely to be significant. The draft report and potential conditions will be made available for public comment prior to finalization and submission to the Minister of Environment and Climate Change and Nature to inform a decision under the Act.The Crawford Nickel Project, located in Ontario's Critical Minerals Corridor, is expected to be one of the largest nickel sulphide projects globally with the potential to support the development of a zero-carbon industrial cluster in the Timmins Nickel District. Canada Nickel remains focused on responsible development, meaningful Indigenous partnerships, and delivering long-term economic benefits for both Ontario and Canada.About Canada Nickel Company
Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel 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 Nickel™, NetZero Cobalt™, NetZero Iron™ 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 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. For more information, please visit www.canadanickel.com.For further information, please contact:
Mark Selby
CEO
Phone: 647-256-1954
Email: info@canadanickel.comMedia, please contact:
Melanie Paradis
President, Texture Communications
Email: melanie@yourtexture.comFor further information, please contact:
Sydney Oakes
Director of Indigenous Relations and Public Affairs, Canada Nickel Company
Email: sydneyoakes@canadanickel.comCautionary 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, the results of the timing of the commencement of construction, the expected permitting timeline, the economic impact study in respect of Crawford (including total economic contribution, job creation and tax revenue generation), the potential of Crawford and the Company's other projects, permitting, partnerships with Indigenous Nations, strategic plans, including future exploration and development plans and results, and corporate and technical objectives. Forward-looking information is necessarily based upon several 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, risks of the mining industry, delays in obtaining governmental approvals, 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 because of new information, future events or otherwise, except as required by law. 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.
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Original: Canada Nickel Achieves Significant Permitting Milestone for Crawford Nickel Project
CA Market News
4月前
Canada Nickel Announces Filing of NI 43-101 Technical Report for Previously Announced Updated Resource, Reid Nickel Sulphide ProjectFebruary 27, 2026 8:34 AM
PR Newswire (US)
TORONTO, Feb. 27, 2026 /PRNewswire/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQB: CNIKF) today announced that the Company has filed on SEDAR+ the independent technical report (the "Report") prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") supporting the initial mineral resource estimate for its 100% owned Reid Nickel Sulphide Project ("Reid") located near Timmins, Ontario. There are no material differences in the Report from those results disclosed in the Company's news release dated January 12, 2026. The Mineral Resource Estimate, effective as of January 7, 2026, was prepared following the CIM Definition Standards for Mineral Resources and Reserves (November 29, 2019).
The technical report, issued February 26, 2026 and with Mineral Resource Estimates having an effective date of January 7, 2026, are titled "National Instrument 43-101 Technical Report and Updated Mineral Resource Estimate for the Reid Ni-Co-Cr-PGE Deposit, Reid Nickel Sulphide Project." The Reports was prepared for Canada Nickel by Caracle Creek International Consulting Inc. and can be found under the Company's issuer profile at SEDAR+ www.sedarplus.com.Qualified Person Stephen J. Balch P.Geo. (ON), VP Exploration of Canada Nickel and a "qualified person" as defined in NI 43-101, has reviewed and approved the scientific and technical information in this news release.About Canada Nickel Company Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel 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, NetZero IronTM 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 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. For more information, please visit www.canadanickel.com.For further information, please contact: Mark Selby
CEO
Phone: 647-256-1954
Email: info@canadanickel.comCautionary Note and 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, the potential of the Reid Project, the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, timing and completion (if at all) of additional mineral resource estimates, the potential of the Timmins Nickel District, strategic plans, including future exploration and development plans and results, and corporate and technical objectives. Forward-looking information is necessarily based upon several 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, risks of the mining industry, delays in obtaining governmental approvals, 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 because of new information. 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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/canada-nickel-announces-filing-of-ni-43-101-technical-report-for-previously-announced-updated-resource-reid-nickel-sulphide-project-302699624.htmlSOURCE Canada Nickel Company Inc.
Original: Canada Nickel Announces Filing of NI 43-101 Technical Report for Previously Announced Updated Resource, Reid Nickel Sulphide Project
CA Market News
4月前
Canada Nickel Announces Significant Awaruite at Midlothian PropertyFebruary 26, 2026 6:45 AM
PR Newswire (Canada)
Highlights79% of the total nickel at Midlothian is contained in awaruite, a high-grade nickel-iron alloyMineralogical and Davis Tube Recoverable ("DTR") analysis confirm significant awaruite, with DTR grades of 0.15%, 0.14%, and 0.12% nickel on composite samples – comparable to other awaruite depositsBrucite content averages 5.6%, more than 2.5 times higher than Crawford, indicating strong carbon storage potentialTORONTO, Feb. 26, 2026 /CNW/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce mineralogical and metallurgical results from its 100% owned Midlothian Project ("Midlothian"), which confirm significant recoverable awaruite with grades and scale comparable to other leading awaruite deposits. An initial resource for Midlothian was published on December 18, 2025 with 590 million tonnes Inferred at 0.28% nickel. Midlothian, located in the Timmins Nickel District, is also well-positioned to leverage existing regional infrastructure. CEO Mark Selby said, "Today's announcement is another exciting development in the Timmins Nickel District confirming Midlothian as a significant deposit. The strong results across all samples highlight the potential of this resource, which contains significant quantities of awaruite ranging from 0.25-0.36% and has the highest average nickel grade in our portfolio (0.28%) and total nickel grades more than 30% higher than other leading awaruite deposits. Midlothian is emerging as one of the most promising deposits in the District."Mr. Selby continued, "We are encouraged by these early results, especially as initial DTR tests were done at coarser grind size than other deposits. A finer grind may yield even higher DTR nickel results. Because the awaruite mineralization has been confirmed to be widespread at Midlothian, the Company plans to assay all existing and future drill holes to allow a DTR nickel resource grade to be calculated in addition to a total recoverable nickel resource."Midlothian ProjectMidlothian is located 64 kilometres southwest of Timmins and 20 kilometres west of Matachewan, Ontario. It is a large serpentinized ultramafic approximately 2.5 km long and up to 520 metres wide - with a geophysical footprint of 1.7 km2 (similar to the combined footprint of Crawford's Main and East Zones) - consisting mainly of a highly serpentinized dunite core with minor peridotite and significant awaruite nickel mineralization accounting for up to 79% of the total nickel content.An initial total nickel resource estimate was published at the end of 2025 (see news release December 18, 2025) containing an Inferred Resource of 0.59 billion tonnes grading 0.28% nickel for a total of 1.68 million tonnes of nickel. The resource estimate was based on 22 drillholes, where all drillholes were sampled for geochemical analysis at an average rate of one core sample per 1.5 metres. In addition, one sample every twenty core samples was selected and submitted for mineralogical (QEMSCAN) testing.This release summarizes the mineralogical results for 177 samples from the first 14 of the 22 drillholes (Figure 1), as well as metallurgical results for four separate composite representing different mineralization styles within the deposit (Table 1). The results highlight the thoroughly serpentinized nature of the ultramafics and confirm the different mineral forms in which nickel is hosted. Mineralogical results on the remaining eight holes are pending. The nickel mineralization is dominated by a nickel-iron alloy (awaruite) and minor nickel sulphide (heazlewoodite) Figure 2, Table 1. Both awaruite and heazlewoodite are minerals that have a higher nickel tenor, ranging between 65-75% nickel content.Brucite, a key mineral indicator for carbon sequestration potential was also identified by QEMSCAN. Midlothian contains significantly higher abundance than both Crawford's East and Main Zones. (Figure 3)Table 1 – Midlothian – Composite Samples Mineralogy summary*TypeNi %Heazlewoodite (Hz)%Awaruite (Aw) %% Nickel in Aw/Total NiCOMP-A0.300.000.3582COMP-B0.290.010.3784COMP-C0.290.000.3379COMP-D0.280.010.3073Comp-A comprised 62 samples totaling 93 metres in core length; COMP-B comprised 50 samples totaling 77 metres; COMP-C comprised 30 samples totaling 45 metres; COMP-D comprised 58 samples totaling 87 metres.Average nickel grade is 0.28% (see release December 18 2025)*Mineral Averages are from mineral mass estimations by QEMSCAN*Mineral Averages are from 177 QEMSCAN samples across the Midlothian deposit*Mineral Averages are from 177 QEMSCAN samples across the Midlothian depositDavis Tube Recovery TestsMetallurgical testing was conducted at the XPS laboratory in Sudbury, Ontario on four samples representing different mineralization styles taken from the Midlothian drill core. The samples were prepared to target variability in mineral grain sizes and serpentine speciation. The samples were subjected to Davis Tube testwork by grinding the samples and passing them through a magnet with wash water. The recovered magnetic fraction was then characterized as the "Davis Tube Recoverable" or "DTR" fraction. The test results summarized in Table 2 show DTR grades ranging from 0.07-0.15% nickel and 2.6-3.6% iron. There is potential to increase the DTR grades through finer grinding as the primary grind size of ~190 µm was coarser than what has been reported by others (e.g., 75 µm).Table 2. Davis Tube Test Results Summary SampleDTR Ni GradeDTR Fe GradeDTR Ni RecDTR Fe RecDTR Mass PullDTR MagneticNi
GradeDTR
MagneticFe
GradeCOMP-C0.15 %2.6 %48 %62 %4.4 %3.30 %58.4 %COMP-B0.14 %3.2 %46 %66 %4.9 %2.76 %64.2 %COMP-A0.12 %2.7 %40 %61 %4.2 %2.96 %63.5 %COMP-D0.07 %3.6 %25 %71 %6.7 %1.03 %54.5 %Table 3 summarizes the results of microprobe investigations for each of the four samples that were subjected to Davis Tube testing. The results demonstrate the high nickel tenor of heazlewoodite and awaruite minerals and the low nickel grade of serpentine. These results coupled with the Davis Tube nickel results are encouraging because they show that nickel has been liberated from the olivine minerals through the serpentinization process.Table 3. Composite Samples - Nickel content by Mineral (%)SampleAwaruiteHeazlewooditeSerpentineBruciteMagnetiteCOMP-A70-0.120.11-COMP-B66730.100.05-COMP-C69720.060.03-COMP-D68720.060.04-Average68720.080.060.04Statement Regarding TSX VentureNeither 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.Qualified Person and Data VerificationStephen J. Balch P.Geo. (ON), VP Exploration of Canada Nickel and a "Qualified Person" as such term is defined by National Instrument 43-101, has verified the data disclosed in this news release, and has otherwise reviewed and approved the technical information in this news release on behalf of Canada Nickel Company Inc.About Canada Nickel CompanyCanada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel 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 Nickel™, NetZero Cobalt™, NetZero Iron™ 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 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. For more information, please visit www.canadanickel.com.For further information, please contact:Mark Selby
CEO
Phone: 647-256-1954
Email: info@canadanickel.comCautionary Statement Concerning Forward-Looking StatementsThis 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, drill and exploration results relating to the properties described herein (the "Properties"), the significance of drill results, the expected timing of the delivery of an updated resource, the ability to continue drilling, the impact of drilling on the definition of any resource, the potential of the Crawford Nickel Sulphide Project and the Properties, timing and completion (if at all) of mineral resource estimates, the ability to sell marketable materials, strategic plans, including future exploration and development plans and results, corporate and technical objectives, receipt of TSX Venture Exchange approval for the acquisition described herein and the completion of the transaction. Forward-looking information is necessarily based upon several 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, risks of the mining industry, delays in obtaining governmental approvals, 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 because of new information, future events or otherwise, except as required by law.
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Original: Canada Nickel Announces Significant Awaruite at Midlothian Property
CA Market News
4月前
Canada Nickel and the University of Texas Successfully Complete Carbon Sequestration Pilot at the Crawford Nickel ProjectFebruary 19, 2026 6:45 AM
PR Newswire (Canada)
Highlights:In-situ carbon injection pilot successfully sequesters 12 tonnes of CO2 at the Crawford Nickel ProjectProject demonstrates another permanent CO2 storage pathway, distinct from the Company's IPT Carbonation and NetCarb processesTORONTO, Feb. 19, 2026 /CNW/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQB: CNIKF) is pleased to announce the successful completion of an in-situ carbon sequestration pilot study at its flagship Crawford Nickel Project ("Crawford"), near Timmins, Ontario. The pilot was conducted in collaboration with the U.S. Department of Energy's Advanced Research Projects Agency – Energy (DOE ARPA-E) funded team, led by Dr. Estibalitz Ukar, Research Associate Professor at the University of Texas at Austin. "This achievement marks another critical milestone toward realizing a Zero-Carbon Industrial Cluster in the Timmins region. By successfully demonstrating a third pathway for utilizing our ultramafic deposits to capture and store carbon – in addition to the IPT Carbonation and NetCarb processes – we are expanding the tools available for large-scale decarbonization" said Mark Selby, CEO of Canada Nickel. "The direct injection approach, which is implemented prior to mining, has the potential to lower future mining costs by pre-conditioning and fracturing the rock mass, making it less energy intensive to blast and process during crushing and grinding. The results also leverage portions of ultramafic deposits that lack economically recoverable minerals, turning them into valuable assets for environmental carbon removal."Dr. Ukar added, "The Crawford in-situ mineralization field test shows that carbon capture doesn't have to be an add-on to mining—it can be built in from the very beginning. What we demonstrated at Crawford represents more than an experiment at a single site, it's a scalable model for how mining can contribute to global decarbonization. In-situ mineralization allows us to permanently store CO2 while simultaneously reducing mining energy requirements, creating both environmental and economic value."After nearly two years of planning, laboratory experiments, and deployment of an extensive monitoring network, the CO2 injection field test was conducted between mid-November and mid-December 2025. All data collected to date indicate that the field test proceeded as planned and was a success: approximately 12 tonnes of injected CO2 remained dissolved at depth, with no surface leakage detected.Starting on November 20, 2025, the pilot project conducted short-duration injection trials over a 12-day period, until December 1st. From December 2nd until December 18th, CO2-saturated water was injected continuously at a constant CO2 delivery rate injected into a single injection well drilled to a depth of 396m. The well was cased to 350m, establishing an injection interval between 350m and 396m. The trials confirmed that the injected CO2 remained fully dissolved within the water column, with no upward migration of CO2 gas observed.The water used to dissolve carbon dioxide was sourced from an onsite well. The well configuration for the test consisted of an injection well (IN), a water supply well (SW), four water monitoring wells, 12 surface seismic monitoring stations, and three seismic monitoring boreholes (Figure 1).Seismicity and potential CO2 gas leakage was continuously monitored throughout the field test. No significant seismic events (M>1) were detected, and no CO2 was observed emerging from monitoring wells or through the silty sedimentary cover. Preliminary chemical analyses indicate that, at the time of writing, the injected CO2-rich water had not reached the monitoring wells, as predicted by reactive transport modelling. No surface leakage was detected, providing a strong indication that, as expected, all injected CO2 remained at depth.In the coming months, monitoring of seismicity, water chemistry through regular sampling, and potential CO2 gas leakage will continue. Monitoring wells will be re-entered and sampled in the spring, following several months of reaction, and prior to ground thaw, to ensure access to the site. The area is also being monitored using InSAR satellite measurements. Monitoring will continue for several months as the team tracks seismicity and water chemistry to continue understanding and documenting subsurface fluid flow and reaction processes.This initiative is independent of Canada Nickel's In-Process Tailings (IPT) Carbonation and NetCarb Programs (processes in which CO2 is injected and stored in waste rock and tailings) and represents a key step in expanding the Company's carbon capture and storage capabilities. Results from this study will help guide future post-mining carbon sequestration strategies, further strengthening Canada Nickel's vision for a Zero-Carbon Industrial Cluster in the Timmins Region. About Canada Nickel CompanyCanada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel 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, NetZero IronTM 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 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-Nickel District. For more information, please visit www.canadanickel.com.For further information, please contact:
Mark Selby
CEO
Phone: 647-256-1954
Email: info@canadanickel.comCautionary Note and Statement Concerning Forward Looking StatementsThis 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, the potential and viability of carbon sequestration generally, the impact of drilling on the definition of any resource, timing and completion (if at all) of additional mineral resource estimates, the potential of the Timmins Nickel District, strategic plans, including future exploration and development plans and results, and corporate and technical objectives. Forward-looking information is necessarily based upon several 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, risks of the mining industry, delays in obtaining governmental approvals, 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 because of new information. 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.
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Original: Canada Nickel and the University of Texas Successfully Complete Carbon Sequestration Pilot at the Crawford Nickel Project
CA Market News
4月前
Canada Nickel Announces US$32 Million Bridge Loan Facility with Auramet International, Inc.February 6, 2026 6:45 AM
PR Newswire (Canada)
TORONTO, Feb. 6, 2026 /CNW/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) today announced that the Company has entered into a US$32 million bridge loan facility with Auramet International, Inc. ("Auramet") which is expected to close on or before February 9, 2026. Proceeds from the facility provide additional funding to advance the Company's flagship Crawford Nickel Sulphide Project and to repay the existing loan with Ber Tov Capital Corporation ("BT Capital"), signed on May 9, 2025.
Mark Selby, CEO, said, "We are pleased to have the continued support of Auramet, our longstanding financing partner, through this US$32 million bridge facility. This funding ensures we remain well-capitalized to advance the Crawford Nickel Sulphide Project towards construction by year-end 2026 as we complete funding discussions with government and project partners."Loan Facility The bridge loan facility will be due May 9, 2026, will carry an interest rate of 1.00% per month, and be subject to a 2.5% arrangement fee. At closing, Auramet will also receive 1,750,000 1-year warrants having an exercise price equal to a 5% premium to the 5-day volume weighted average price of the common shares of the Company on the TSX Venture Exchange for the five consecutive trading days ending on the trading day immediately prior to the closing date. The loan will be subject to such terms and conditions including certain specified positive and negative covenants that are customary for a transaction of this nature. The warrants and the underlying shares will be subject to a four-month hold period under applicable Canadian securities laws. The proceeds will be used for working capital purposes and to repay the existing loan with BT Capital. The closing of the loan facility is subject to customary conditions including the approval of the TSX Venture Exchange.About Auramet Auramet is a private company established in 2004 by seasoned professionals who have assembled a global team of industry specialists with over 350 years combined industry experience. It is one of the largest physical precious metals merchants in the world and has provided over $1.3 billion in term financing facilities to date. Auramet offers a full range of services including physical metals trading, metals merchant banking (including direct lending), and project finance advisory services to all participants in the precious metals supply chain. About Canada Nickel Company Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel 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, NetZero IronTM 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 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. For more information, please visit www.canadanickel.com. For further information, please contact:Mark Selby
CEO
Phone: 647-256-1954
Email: info@canadanickel.com Cautionary Statement Concerning Forward-Looking StatementsThis press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward looking information includes the ability of the Company to deliver nickel required to feed the high growth electric vehicle and stainless steel markets, and the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Readers should not place undue reliance on forward looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual 2 results, performance or achievements of Canada Nickel to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. There are no assurances that Crawford will be placed into production. Factors that could affect the outcome include, among others: inability to repay the loan or comply with the covenants set out in the loan agreement; the actual results of development activities; project delays; inability to raise the funds necessary to complete development; general business, economic, competitive, political and social uncertainties; future prices of metals or project costs could differ substantially and make any commercialization uneconomic; availability of alternative nickel sources or substitutes; actual nickel recovery; conclusions of economic evaluations; changes in applicable laws; changes in project parameters as plans continue to be refined; accidents, labour disputes, the availability and productivity of skilled labour and other risks of the mining industry; political instability, terrorism, insurrection or war; delays in obtaining governmental approvals, necessary permitting or in the completion of development or construction activities; mineral resource estimates relating to Crawford could prove to be inaccurate for any reason whatsoever; additional but currently unforeseen work may be required to advance to the feasibility stage; and even if Crawford goes into production, there is no assurance that operations will be profitable. Although Canada Nickel has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this news release and Canada Nickel disclaims any obligation to update any forward looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. 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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/canada-nickel-announces-us32-million-bridge-loan-facility-with-auramet-international-inc-302681257.htmlSOURCE Canada Nickel Company Inc.
Original: Canada Nickel Announces US$32 Million Bridge Loan Facility with Auramet International, Inc.
CA Market News
4月前
Canada Nickel Announces Filing of NI 43-101 Technical Reports for Previously Announced Initial Resources, Midlothian and Bannockburn ProjectsFebruary 3, 2026 6:45 AM
PR Newswire (Canada)
TORONTO, Feb. 3, 2026 /CNW/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSX V: CNC) (OTCQB: CNIKF) today announced that the Company has filed on SEDAR+ the independent technical reports (the "Reports") prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") supporting the initial mineral resource estimate for its 100% owned Midlothian Nickel Sulphide Project ("Midlothian") and Bannockburn Nickel Sulphide Project ("Bannockburn") near Timmins, Ontario. There are no material differences in the Report from those results disclosed in the Company's news release dated December 18, 2025. The Mineral Resource Estimate, effective as of December 15, 2025, was prepared following the CIM Definition Standards for Mineral Resources and Reserves (November 29, 2019).
The two full technical reports, issued February 2, 2026 and with Mineral Resource Estimates having an effective date of December 15, 2025, are titled "National Instrument 43-101 Initial Mineral Resource Estimate and Technical Report for the Midlothian Ni-Co-Pd-Pt Deposit, Midlothian Nickel Sulphide Project", and "National Instrument 43-101 Initial Mineral Resource Estimate and Technical Report for the Bannockburn Ni-Co-Pd-Pt Deposit, Bannockburn Nickel Sulphide Project" The Reports were prepared for Canada Nickel by Caracle Creek International Consulting Inc. and can be found under the Company's issuer profile at SEDAR+ www.sedarplus.com.Issuance of SharesAdditionally, Canada Nickel has entered into an amendment to its option agreement in respect of the Midlothian property, under which Canada Nickel has agreed to issue a total of 27,400 common shares to the optionors in consideration for deferring the time of payment of $200,000 from November 2025 to January 2026 for the final cash option payment, which has now been made.Qualified Person Stephen J. Balch P.Geo. (ON), VP Exploration of Canada Nickel and a "qualified person" as defined in NI 43-101, has reviewed and approved the scientific and technical information in this news release.About Canada Nickel Company Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel 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, NetZero IronTM 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 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. For more information, please visit www.canadanickel.com. For further information, please contact:
Mark Selby, CEO
Phone: 647-256-1954
Email: info@canadanickel.com Cautionary Note and 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, the potential of the Midlothian and Bannockburn Projects, the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, timing and completion (if at all) of additional mineral resource estimates, the potential of the Timmins Nickel District, strategic plans, including future exploration and development plans and results, and corporate and technical objectives. Forward-looking information is necessarily based upon several 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, risks of the mining industry, delays in obtaining governmental approvals, 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 because of new information. 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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/canada-nickel-announces-filing-of-ni-43-101-technical-reports-for-previously-announced-initial-resources-midlothian-and-bannockburn-projects-302676854.htmlSOURCE Canada Nickel Company Inc.
Original: Canada Nickel Announces Filing of NI 43-101 Technical Reports for Previously Announced Initial Resources, Midlothian and Bannockburn Projects