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Canada Nickel Announces Filing of NI 43-101 Technical Report for Previously Announced Mann Central and Mann West Initial Resources
Prnewswire· 2025-07-29 10:45
Core Insights - Canada Nickel Company has filed an independent technical report supporting the initial mineral resource estimate for its Mann Nickel Sulphide Project, which includes the Mann West and Mann Central Properties [1][2] - The Mann Project is located approximately 40 kilometers northeast of Timmins, Ontario, and is owned 80% by Canada Nickel and 20% by Noble Mineral Exploration Inc. [2] - The report indicates that the Mann Deposits contain over 9.2 million tonnes of Measured and Indicated nickel and 9.5 million tonnes of Inferred nickel, with three additional resources expected to be published by the end of 2025 [3] Company Overview - Canada Nickel Company is focused on advancing nickel-sulphide projects to meet the growing demand for nickel in electric vehicles and stainless-steel markets [5] - The company is pursuing the development of processes for producing net zero carbon nickel, cobalt, and iron products, and has applied for trademarks related to these products [5] - The flagship project of Canada Nickel is the 100% owned Crawford Nickel-Cobalt Sulphide Project, located in the Timmins-Cochrane mining camp [5]
Canada Nickel Announces Share-Based Compensation Grant
Prnewswire· 2025-07-22 10:45
Core Points - Canada Nickel Company Inc. has granted stock options, restricted share units (RSUs), and cash-settled RSUs to its officers and employees, totaling 2,165,000 options, 835,000 RSUs, and 3,495,000 cash-settled RSUs [1][2] - The options have an exercise price of $0.86 per share, a five-year term, and vest annually in equal thirds starting from the first anniversary of the grant [2] - The cash-settled RSUs will fully vest upon board approval to commence construction of the Crawford Project, with alternative vesting conditions if the decision is not made within one year [2] - A new deferred share unit plan (DSU Plan) has been adopted, allowing for a maximum of 10% of total common shares outstanding to be issued under this plan [3] - The company is focused on advancing nickel-sulphide projects to meet the growing demand in electric vehicle and stainless-steel markets, with a flagship project in the Timmins-Nickel District [4]