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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

Comment by CanadianPatrioton Feb 10, 2024 11:24am
57 Views
Post# 35873775

RE:RE:RE:AngloAmerican

RE:RE:RE:AngloAmerican I never mentioned anything about the price that Anglo bought the shares for. 

Let me make this simple for you.  They gave the company a little bit of money.  Got shares in return as well as future rights.  If they sell the shares they still have rights.  In other words doesn't seem like they have skin in the game.  Not that much different then the charity deal with no skin in the game.

Subsiduary equity holdings seem to be listed in their previous annual report.  Let's see what happens in 2023 which should be coming real soon.

https://www.angloamerican.com/~/media/Files/A/Anglo-American-Group-v5/PLC/investors/annual-reporting/2022/aa-annual-report-full-2022.pdf

CravingProfits wrote: Canadian Patriot...for one thing, Anglo paid $1.95 for their common shares and $1.77. 
Sounds to me like 1,748.300 FT shares at $2.86  were sold through the bougt deal offering.


"The securities offered in the Offering have not, and will not be, registered under the United States Securities Act of 1933..........

Could this explain why they do not show up?
Could they be held under an Anglo subsiduary ?

Please let me know when you do find out, because I assume my theory is just as good as yours as things stand right now and I am too lazy to contact CNC or Anglo in order to find out.

You seem very  dedicated in getting answers and hopefully not as lazy as I am. Now go and share your discovery with us Longs please.

We will be waiting.

Glta




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