Nickel 28 Capital Corp V.NKL

Alternate Symbol(s): CONXF

Metals & Mining Industrial Metals & Minerals

Nickel 28 Capital Corp. is a Canada-based nickel-cobalt producer through its 8.56% joint-venture interest in the Ramu Nickel-Cobalt Operation located in Papua New Guinea. In addition, the Company manages a portfolio of nickel and cobalt royalties on projects in Canada, Australia and Papua New Guinea, including a 1.75% net smelter return (NSR) royalty in the Dumont nickel project in Quebec and a 2.0% NSR royalty on the Turnagain nickel project in British Columbia. The Company is focused on building its portfolio of battery metals investments, including streams, royalties and other direct interests in producing mines, development projects or exploration properties. The Company's royalties include Dumont Nickel-Cobalt Royalty, Turnagain Nickel-Cobalt Royalty, Flemington Cobalt-Scandium-Nickel Royalty and Nyngan Cobalt-Scandium-Nickel Royalty.

TSXV:NKL - Post by User

Nickel 28 Capital Corp > Nickel28 sells Future Nickel Production...payoff debt Early?

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Post by MikeSchrankeron Mar 30, 2022 12:36pm

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Post# 34559482

Nickel28 sells Future Nickel Production...payoff debt Early?

Is there any update/news on Nickel28 getting a short-term loan to pay off the remaining debt so the % ownership can increase? They would be able to possibly sell an amount equivalent as "deliverable nickel" since that is an option and use the proceeds to payoff debt.

Nickel28 can take delivery of physical nickel (MHP) after mining costs are deducted as per their % of ownership with their excellent Chinese Operator.

Thoughts and Ideas are encouraged!

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