Latest news with #CrawfordNickelSulphideProject
Yahoo
2 days ago
- Business
- Yahoo
Canada Nickel Announces the Government of Ontario Recognition of Crawford as a Critical Minerals Priority and Nation-Building Project
TORONTO, June 9, 2025 /CNW/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) welcomed the Government of Ontario's recognition of the Crawford Nickel Sulphide Project ("Crawford") as part of its priority nation building initiatives. In a joint letter to Canada's Minister of Energy and Natural Resources, Ontario's Ministers of Energy and Mines, Natural Resources, and Indigenous Affairs and First Nations Economic Reconciliation identified the Crawford Project as one of five strategic critical minerals projects ready for near-term development as part of three transformational, nation-building projects. In this open letter provided to media and the Company on June 5, 2025, the Ministers also highlighted additional provincial funding for the sector to fully realize the value of these resources, such as the $500 million Critical Minerals Processing Fund, as well as nearly $3.1 billion in loans, grants, scholarships and other funding to support meaningful Indigenous ownership and partnership in critical mineral development. "We are encouraged and deeply appreciative of the Government of Ontario advancing the critical minerals agenda and recognizing the strategic importance of the Crawford Project," said Mark Selby, CEO of Canada Nickel. "With aligned federal and provincial support, our experienced management team can continue to advance development of Crawford as an important secure, domestic supply of critical minerals – nickel, cobalt, and North America's only domestic source of chromium—while advancing strong Indigenous partnerships and delivering on Canada's clean energy and climate ambitions." Located just north of Timmins, the Crawford Project benefits from direct access to power, road, and rail infrastructure, and is supported by long-standing partnerships with Indigenous Nations in the region. In addition to advancing one of the world's largest nickel reserves, Canada Nickel has developed innovative carbon capture technology through its proprietary IPT Carbonation process. Once operational, the Crawford Project is expected to also become one of Canada's largest, carbon storage facilities—contributing meaningfully to both environmental and economic goals and helping to drive long-term prosperity in Northern Ontario and across the country. 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 is currently anchored by its 100% owned flagship Crawford Nickel Sulphide Project in the emerging Timmins Nickel District. 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. For further information, please contact: Mark Selby, CEOPhone: 647-256-1954Email: info@ Media, please contact: Melanie ParadisPresident, Texture CommunicationsPhone: 416-399-7400Email: melanie@ Sydney OakesDirector of Indigenous Relations and Public AffairsPhone: 905-929-7151Email: sydneyoakes@ 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, but is not limited to, drill and exploration results relating to the target properties described herein (the "Properties"), the significance of drill results, 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, and the completion of assays, follow-up geophysics and further drilling. 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: SOURCE Canada Nickel Company Inc. View original content to download multimedia: Sign in to access your portfolio
Cision Canada
2 days ago
- Business
- Cision Canada
Canada Nickel Announces the Government of Ontario Recognition of Crawford as a Critical Minerals Priority and Nation-Building Project
TORONTO, June 9, 2025 /CNW/ - Canada Nickel Company Inc. (" Canada Nickel" or the " Company") (TSXV: CNC) (OTCQX: CNIKF) welcomed the Government of Ontario's recognition of the Crawford Nickel Sulphide Project ("Crawford") as part of its priority nation building initiatives. In a joint letter to Canada's Minister of Energy and Natural Resources, Ontario's Ministers of Energy and Mines, Natural Resources, and Indigenous Affairs and First Nations Economic Reconciliation identified the Crawford Project as one of five strategic critical minerals projects ready for near-term development as part of three transformational, nation-building projects. In this open letter provided to media and the Company on June 5, 2025, the Ministers also highlighted additional provincial funding for the sector to fully realize the value of these resources, such as the $500 million Critical Minerals Processing Fund, as well as nearly $3.1 billion in loans, grants, scholarships and other funding to support meaningful Indigenous ownership and partnership in critical mineral development. "We are encouraged and deeply appreciative of the Government of Ontario advancing the critical minerals agenda and recognizing the strategic importance of the Crawford Project," said Mark Selby, CEO of Canada Nickel. "With aligned federal and provincial support, our experienced management team can continue to advance development of Crawford as an important secure, domestic supply of critical minerals – nickel, cobalt, and North America's only domestic source of chromium—while advancing strong Indigenous partnerships and delivering on Canada's clean energy and climate ambitions." Located just north of Timmins, the Crawford Project benefits from direct access to power, road, and rail infrastructure, and is supported by long-standing partnerships with Indigenous Nations in the region. In addition to advancing one of the world's largest nickel reserves, Canada Nickel has developed innovative carbon capture technology through its proprietary IPT Carbonation process. Once operational, the Crawford Project is expected to also become one of Canada's largest, carbon storage facilities—contributing meaningfully to both environmental and economic goals and helping to drive long-term prosperity in Northern Ontario and across the country. 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 is currently anchored by its 100% owned flagship Crawford Nickel Sulphide Project in the emerging Timmins Nickel District. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero Nickel TM, NetZero Cobalt TM, NetZero Iron TM 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. For further information, please contact: Mark Selby, CEO Phone: 647-256-1954 Email: [email protected] Media, please contact: Melanie Paradis President, Texture Communications Phone: 416-399-7400 Email: [email protected] Sydney Oakes Director of Indigenous Relations and Public Affairs Phone: 905-929-7151 Email: [email protected] 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, drill and exploration results relating to the target properties described herein (the "Properties"), the significance of drill results, 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, and the completion of assays, follow-up geophysics and further drilling. 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.
Cision Canada
27-05-2025
- Business
- Cision Canada
Canada Nickel Closes Previously Announced $20 million Convertible Note with Taykwa Tagamou Nation
TORONTO, May 27, 2025 /CNW/ - Canada Nickel Company Inc. (" Canada Nickel" or the " Company") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce the closing of the $20 million Convertible Note with Taykwa Tagamou Nation ("TTN") previously announced on December 16, 2024. The investment marks the largest known direct equity investment by a First Nation in a Canadian critical minerals company to date and reflects a shared commitment to long-term partnership, economic self-determination, and responsible resource development. This milestone further solidifies Canada Nickel's relationship with TTN, who is already a development partner in both the Crawford Nickel Sulphide Project and associated infrastructure, including the power transmission line and electric haul fleet. "This transaction is a significant step forward for both TTN and Canada Nickel, said Chief Bruce Archibald of Taykwa Tagamou Nation. "It demonstrates what's possible when First Nations are meaningfully included as equity partners with real decision-making authority. We are proud to make this investment on behalf of our community—one that supports long-term economic benefit while advancing sustainable development on our Traditional Territory." Deputy Chief Derek Archibald of Taykwa Tagamou Nation added, "TTN has worked hard over the years to build our economic strength—through investments in infrastructure, project development, and governance. This agreement is a reflection of that work and the trust we've built with Canada Nickel. From the beginning, the Company has demonstrated a genuine commitment to transparency, collaboration, and shared benefit. We're proud to continue this journey together, grounded in respect and true partnership." "We are honoured to have Taykwa Tagamou Nation as long-term partners in the development of Crawford and the broader Timmins Nickel District", said Mark Selby, CEO of Canada Nickel. TTN has been a pivotal partner from the very beginning—supporting critical infrastructure, shaping project development, and now playing a key role as we unlock the overall potential of the District. This investment is a reflection of TTN's vision, leadership, and commitment to co-developing projects that deliver generational benefits—for their Nation, for the North, and for Canada's clean energy economy." Convertible Note The $20 million secured Convertible Note (the "Note") will have a five-year term from closing. The coupon has been adjusted from a fixed 4.75% to a coupon of 6.15% per annum paid quarterly prior to conversion to reflect TTN's financing cost. The Note provides TTN with the right to convert into 16.67 million common shares (at a conversion price of $1.20 per share), representing an 7.9% equity interest in the Company (based on Canada Nickel's current issued and outstanding share capital of 193,590,725 common shares). TTN will also have a right to one seat on the Company's Board of Directors for so long as it holds the Convertible Note or, after conversion, at least 7.9% of the Company's shares. 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 is currently anchored by its 100% owned flagship Crawford Nickel Sulphide Project in the emerging Timmins Nickel District. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero Nickel TM, NetZero Cobalt TM, NetZero Iron TM 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. For further information, please contact: Mark Selby, CEO Phone: 647-256-1954 Email: [email protected] Media, please contact: Sydney Oakes Director of Indigenous Relations and Public Affairs Phone: 905-929-7151 Email: [email protected] 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, drill and exploration results relating to the target properties described herein (the "Properties"), the significance of drill results, 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, and the completion of assays, follow-up geophysics and further drilling. 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.
Yahoo
27-05-2025
- Business
- Yahoo
Canada Nickel Closes Previously Announced $20 million Convertible Note with Taykwa Tagamou Nation
TORONTO, May 27, 2025 /CNW/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce the closing of the $20 million Convertible Note with Taykwa Tagamou Nation ("TTN") previously announced on December 16, 2024. The investment marks the largest known direct equity investment by a First Nation in a Canadian critical minerals company to date and reflects a shared commitment to long-term partnership, economic self-determination, and responsible resource development. This milestone further solidifies Canada Nickel's relationship with TTN, who is already a development partner in both the Crawford Nickel Sulphide Project and associated infrastructure, including the power transmission line and electric haul fleet. "This transaction is a significant step forward for both TTN and Canada Nickel, said Chief Bruce Archibald of Taykwa Tagamou Nation. "It demonstrates what's possible when First Nations are meaningfully included as equity partners with real decision-making authority. We are proud to make this investment on behalf of our community—one that supports long-term economic benefit while advancing sustainable development on our Traditional Territory." Deputy Chief Derek Archibald of Taykwa Tagamou Nation added, "TTN has worked hard over the years to build our economic strength—through investments in infrastructure, project development, and governance. This agreement is a reflection of that work and the trust we've built with Canada Nickel. From the beginning, the Company has demonstrated a genuine commitment to transparency, collaboration, and shared benefit. We're proud to continue this journey together, grounded in respect and true partnership." "We are honoured to have Taykwa Tagamou Nation as long-term partners in the development of Crawford and the broader Timmins Nickel District", said Mark Selby, CEO of Canada Nickel. TTN has been a pivotal partner from the very beginning—supporting critical infrastructure, shaping project development, and now playing a key role as we unlock the overall potential of the District. This investment is a reflection of TTN's vision, leadership, and commitment to co-developing projects that deliver generational benefits—for their Nation, for the North, and for Canada's clean energy economy." Convertible Note The $20 million secured Convertible Note (the "Note") will have a five-year term from closing. The coupon has been adjusted from a fixed 4.75% to a coupon of 6.15% per annum paid quarterly prior to conversion to reflect TTN's financing cost. The Note provides TTN with the right to convert into 16.67 million common shares (at a conversion price of $1.20 per share), representing an 7.9% equity interest in the Company (based on Canada Nickel's current issued and outstanding share capital of 193,590,725 common shares). TTN will also have a right to one seat on the Company's Board of Directors for so long as it holds the Convertible Note or, after conversion, at least 7.9% of the Company's shares. 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 Nickel is currently anchored by its 100% owned flagship Crawford Nickel Sulphide Project in the emerging Timmins Nickel District. 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. For further information, please contact: Mark Selby, CEO Phone: 647-256-1954 Email: info@ Media, please contact:Sydney OakesDirector of Indigenous Relations and Public AffairsPhone: 905-929-7151Email: sydneyoakes@ 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, drill and exploration results relating to the target properties described herein (the "Properties"), the significance of drill results, 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, and the completion of assays, follow-up geophysics and further drilling. 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: SOURCE Canada Nickel Company Inc. View original content to download multimedia: Sign in to access your portfolio
Cision Canada
09-05-2025
- Business
- Cision Canada
Canada Nickel Secures US$20 Million Bridge Loan Facilitated by BT Capital and Provides Corporate Update
TORONTO, May 9, 2025 /CNW/ - Canada Nickel Company Inc. (" Canada Nickel" or the " Company") (TSXV: CNC) (OTCQX: CNIKF) today announced it has closed a US$20 million bridge loan facilitated by Ber Tov Capital Corporation ("BT Capital"), signed on May 9, 2025. The financing provides support to advance the Company's flagship Crawford Nickel Sulphide Project and pay out the existing loan with Auramet International, Inc. ("Auramet"). "We're pleased that BT Capital, a long-time participant in our financings, has facilitated this US$20 million bridge loan, enabling us to continue advancing the Crawford Nickel Sulphide Project towards a construction decision by year-end 2025", said Mark Selby, CEO of Canada Nickel. "We also expect to close the previously announced C$20 million convertible note investment with Taykwa Tagamou Nation during week of May 12 th, 2025." Loan Terms The loan was provided by BT Strategic Mineral Assets LP, whose anchor investor is Baronet Capital. It matures on February 9, 2026, carries interest at 1.00% per month, and includes a 2.5% arrangement fee. As part of the transaction, BT Strategic Mineral Assets LP received 5,000,000 one-year warrants exercisable at $0.94. These securities are subject to a four-month statutory hold period under applicable Canadian securities laws. This secured loan includes customary positive and negative covenants for a transaction of this nature and remains subject to final approval by the TSX Venture Exchange (conditional approval has been received). The security covers all personal property and real property. Proceeds will be used to repay the Company's remaining balance of the loan from Auramet and for general working capital purposes. Corporate Update: Property Acquisition As part of its regional consolidation strategy in the Timmins area, Canada Nickel has acquired a 100% interest in 9 primary and 23 secondary contiguous mining claims totaling 656 hectares (1,621 acres). In consideration, the Company will issue 70,000 common shares to the vendors, subject to TSX Venture Exchange approval. These securities will be subject to a four-month statutory hold period under applicable Canadian securities laws. Corporate Update: Debt Settlement The Company has issued 1,050,909 common shares at a deemed price of $0.99 per share to settle US$750,000 (C$1,040,400), being a portion of the outstanding principal amount owed to Auramet. About BT Capital Ber Tov Capital Corporation is a leader and the originator of structured flow-through financings, enabling clients to access the benefits of flow-through shares while mitigating market risk. Since its founding in 2006, BT Capital has advised clients on more than $1 billion in flow-through share transactions. For further information, please contact: Avi Wachsman Phone: (416) 514-0475 Email: [email protected] About Baronet Capital Baronet Capital is a family office investment firm established in 2023, focused on prudent, impactful investments that preserve and grow generational wealth while contributing to community well-being. Backed by a substantial capital base, Baronet emphasizes secured, long-term investments over speculative growth and is committed to aligning financial stewardship with meaningful, lasting value. For further information, please contact: Jonathan Shields, CIO Phone: (416) 902-6780 Email: [email protected] 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™ and 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 For further information, please contact: Mark Selby, CEO Phone: (647) 256-1954 Email: [email protected] 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 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 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
