And History Repeated Itself! It looks like another company followed the Canada Nickel Model. SPC Nickel now trades on the TSXV, and was spun off from Transition Metals.
Scott McLean, P.Geo., CEO of Transition stated, "As a project generator, we spun out our Sudbury assets into SPC Nickel in 2013 so that it could focus on Ni-Cu-PGM exploration in the world-class mining camp. Our goal was for SPC to advance the Aer-Kidd project, a property positioned 1.8 km from Vale's Totten Mine and 3 km from KGHM's Victoria Deposit, without diluting existing XTM shareholders. In addition to advancing Aer-Kidd over the past few years, SPC Nickel has also added two more highly prospective properties in the world's second largest nickel camp. We are incredibly pleased that SPC Nickel is now public and look forward to watching it grow under the leadership of Grant Mourre, President & CEO."