First Atlantic Nickel Corp V.FAN

Alternate Symbol(s): FANCF

Energy

First Atlantic Nickel Corp. is a Canadian mineral exploration company developing the 100%-owned Atlantic Nickel Project, a large-scale nickel deposit strategically located near existing infrastructure in Newfoundland, Canada. The Project's nickel occurs as awaruite, a natural nickel-iron alloy containing approximately 77% nickel with no-sulfur and no-sulfides. Its Voisey's West project is located about 50 kilometers (km) northwest of Voisey's Bay Ni-Cu-Co (nickel-copper-cobalt) mine and 70 km west of the town of Nain, in Newfoundland and Labrador, Canada. The property consists of about14 cells located near the town of Nain, Newfoundland and Labrador. The Company has a 100% interest of Lucky Mike property. It has the option to acquire a 100% interest in the Blackdome mineral property and Rey Lake Property. Its Atlantis Project totals approximately 13,675 hectares (ha). It also has the option to acquire a 100% interest in Pipestone Property-SSAF and Pipestone South Property.

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First Atlantic Nickel Corp > Bashers leaving out important facts to mislead

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Post by lscfaon Dec 15, 2016 7:05pm

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Post# 25607436

Bashers leaving out important facts to mislead

Re: convertible debentures

"As described below, if, on the maturity date, the holder has not exercised its right of conversion, the debenture will be settled in full (including all interest accrued) by the Company issuing Common Shares to the holder at the conversion price and will not be settled in cash."

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