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Bullboard - Stock Discussion Forum Premium Nickel Resources Ltd Ordinary Shares WSCRF

North American Nickel Inc is a mineral exploration and resource development company. The company is focused on the exploration and development of a diversified portfolio of nickel-copper-cobalt-precious metals sulphide projects. It owns mineral properties in Maniitsoq, Greenland and Ontario, Canada, as well as in Botswana through its participation in Premium Nickel Resources.

OTCPK:WSCRF - Post Discussion

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Post by sawtooth1 on Sep 22, 2020 1:12pm

Not much new at the AGM

Would have been nice to have had more info in Greenland Going forward.

September 21, 2020

Vancouver, British Columbia--(Newsfile Corp. - September 21, 2020) - North American Nickel Inc. (TSXV: NAN) (OTCQB: WSCRF) (CUSIP: 65704T 405) (the "Company" or "NAN") is pleased to report on the results of the Annual General and Special Meeting (the "Meeting") of shareholders held on September 21, 2020.

The shareholders ratified and approved the number of directors at six (6) and re-elected Charles Riopel, Douglas Ford, Gilbert Clark, Christopher Messina, Keith Morrison and Zhen Janet Huang as directors of the Company for the ensuing year.

In addition, Dale Matheson Carr-Hilton LaBonte LLP were re-appointed as auditors and shareholders approved the Company's Stock Option Plan as detailed in the Management Information Circular dated as of August 17, 2020.

Following the meeting the board of directors re-appointed Charles Riopel as Chairman, Keith Morrison as Chief Executive Officer and Sarah-Wenjia Zhu as Chief Financial Officer.

About North American Nickel

North American Nickel is a mineral exploration company with 100% owned properties in Maniitsoq, Greenland and Ontario, Canada. In 2019 the Company became a founding shareholder in Premium Nickel Resources ("PNR") a private Canadian company, to provide direct exposure to Ni-Cu-Co opportunities in the southern African region. PNR has submitted an Indicative Offer to acquire the assets, currently in liquidation, formerly operated by Bamangwato Concessions Limited ("BCL") in Botswana. In addition, the Company is expanding its area of exploration interest into Morocco and building a relationship with the Office National des Hydrocarbures et des Mines ("ONHYM"), the leading resource crown corporation and the single largest permit holder in Morocco.

The Maniitsoq property in Greenland is a Camp scale permitted exploration project comprising 3,048 square km covering numerous high-grade nickel-copper + cobalt sulphide occurrences associated with norite and other mafic-ultramafic intrusions of the Greenland Norite Belt (GNB). The >75km-long belt is situated along, and near, the southwest coast of Greenland and is accessible from the existing Seqi deep water port with an all year-round shipping season and hydroelectric power potential from a quantified watershed.

The Post Creek/Halcyon property in Sudbury is strategically located adjacent to the past producing Podolsky copper-nickel-precious metal sulphide deposit of KGHM International Ltd. The property lies along the extension of the Whistle Offset dyke structure. Such geological structures host major Ni-Cu-PGM deposits and producing mines within the Sudbury Camp.

The Company acquired 100% ownership of property near the southern extent of the Lingman Lake Greenstone Belt in northwest Ontario known as Lingman Nickel and in the Quetico region near Thunder Bay Ontario. The acquisition of these properties is part of the Company's strategy to develop a pipeline of new nickel projects. The Company is evaluating direct and indirect nickel asset acquisition opportunities globally.

ON BEHALF OF THE BOARD OF DIRECTORS

Keith Morrison
Chief Executive Officer
North American Nickel Inc.

 

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