$CNC.V

Canada Nickel Appoints SB1 Markets to Arrange US$600 Million Investment Tax Credit Loan Facility

Canada Nickel (CNC.V) has tapped SB1 Markets as exclusive advisor to arrange an investment tax credit loan facility of up to US$600 million to advance the Crawford nickel project.The facility would allow Canada Nickel to monetize investment tax credits that would be generated by the project's construction, the company said Wednesday."This bridge financing is central to Crawford's overall capital structure; it allows us to deploy Canada's generous investment tax credits available for critical mineral projects in Canada to fund more than half of the equity capital we need to build Crawford," CEO Mark Selby said.Canada Nickel expects the financing to be arranged by the end of 2026, ahead of a final investment decision on Crawford scheduled for 2027.

Canada Nickel Company Brief: Raises $6.21-Million in a Non-Brokered Private Placement of Three-Million Flow-Through Shares Priced at $2.07 Each

Canada Nickel Announcing $4.97M Private Placement of Flow-Through Shares

Canada Nickel (CNC.V) announced Thursday a non-brokered private placement of an aggregate of up to 2.4 million common shares of the company that will qualify as "flow-through shares", at an issue price of C$2.07 per FT Share, for aggregate proceeds of C$4.97 million.CEO Mark Selby 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."Shares in Canada Nickel were unchanged at $1.65 yesterday.

Canada Nickel, GeoRedox Sign MOU to Develop Geologic Hydrogen Program at Crawford Nickel Project

Canada Nickel Company (CNC.V) is partnering with GeoRedox to develop a stimulated geologic hydrogen well on the site of the Crawford Nickel Project in Ontario, the company said on Wednesday.Both companies have signed a memorandum of understanding. The project, described as a world first, will test GeoRedox's technology for producing zero-carbon hydrogen from ultramafic rock formations and is a key step toward a zero-carbon industrial cluster in Northeast Ontario, a statement said.GeoRedox will fund the demonstration program. Canada Nickel will contribute site access, rock samples, technical expertise, data, and other resources necessary for project planning and implementation at Crawford. If successful, the program can provide a large-scale, carbon-free hydrogen supply for a zero-carbon industrial cluster in the Timmins Nickel District, the companies added."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," said Canada Nickel chief executive Mark Selby. "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."Canada Nickel shares closed down $0.05, to $1.65 on Tuesday on the Toronto Stock Exchange.

GeoRedox and Canada Nickel Launching 'First-of-its-kind' Geologic Hydrogen Program at Crawford Nickel Project in Timmins, Ontario

Canada Nickel's Crawford Project Clears Penultimate Federal Permitting Requirement

Canada Nickel Company (CNC.V) has cleared every major milestone in the federal impact assessment process for the Crawford Nickel Project, the company said on Tuesday.The draft Impact Assessment Report for the project has been published by the federal Impact Assessment Agency, bringing Crawford one step closer to a final federal permitting decision, expected in early summer.According to a statement, Crawford Nickel is the first mining project to achieve this stage under 2019 federal Impact Assessment Act.Canada Nickel shares closed up $0.07, to $1.75 on Monday on the Toronto Stock Exchange.

Canada Nickel's Crawford Project Clears Penultimate Federal Permitting Hurdle