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Canada Nickel Company Inc V.CNC

Alternate Symbol(s):  CNIKF

Canada Nickel Company Inc. is a Canada-based company, which is engaged in advancing the nickel-sulfide projects to deliver nickel required to feed the electric vehicle and stainless-steel markets. The Company owns flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. The Company also owns 25 additional nickel targets located near the Crawford Project. Its wholly owned NetZero Metals Inc. to develop zero-carbon production of Nickel, Cobalt and Iron and applied for the trademarks NetZero Nickel NetZero Cobalt and NetZero Iron across several jurisdictions.


TSXV:CNC - Post by User

Post by apapas1973on Dec 18, 2022 10:03pm
322 Views
Post# 35178879

Still waiting on SHL outcome.

Still waiting on SHL outcome. I don't own any SHL shares nor do I follow them, however I do know that they are under a cease trade order by the OSC. They failed to meet the deadline for filing specific financial documents several months ago.  You might be asking why do we care. Well as far as I know, they're still the largest CNC shareholder. They still own approximately 5.6 million CNC shares (someone correct me if I'm wrong). They have a market cap of about 11 million of which I'm assuming approximately 8.6 million of that is factoring in the value of the CNC shares they hold at today's market price. I don't know what's happening with them but those cnc shares may need to be sold off at some point. In that scenario someone is going to get a substantial position in CNC. This whole SHL/NOB/CNC needs to be cleaned up. GLTA
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