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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

Post by apapas1973on Dec 15, 2022 7:27am
304 Views
Post# 35172564

I have a feeling an offtake deal is coming.

I have a feeling an offtake deal is coming. Based on this latest news release (didn't bother uploading it) it states theyre working on the equity part of the money raise. So we know there's some dilution coming as we need to give up shares in the company. As long as they keep it in line, I'm not worried. We have some room for dilution. This also tells me that the debt financing portion is being worked out as we speak. Maybe its possibly even completed.  That's why I believe the release focused on telling us that the equity financing is what they're focused on. I think there's an offtake deal news release coming where they give up some nickel production in the future for some capital upfront. Mark has also stated this in past interviews. I think there's a good chance that's completed. That might also be why the run up in the stock lately. GLTA
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