RE:RE:Anglo vs BHPDo you really believe Anglo cares about CNC? They have lost a tremendous amount of money on their investment
1)"TORONTO, March 2, 2023 – Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce that it has closed its previously-announced investments from Anglo American for aggregate gross proceeds of C$26,154,294.71 whereby Anglo American subscribed for (i) 12,569,235 common shares in the capital of the Company (“Common Shares”) at C$1.95 per Common Share, and (ii) 952,623 Common Shares at C$1.77 per Common Share (collectively, the "Anglo American Investment"). Upon completion of the Anglo American Investment, Anglo American will hold 9.9% of the issued and outstanding Common Shares. "
2) the CNC investment is not in the recent financial statements of Anglo
3) 9.9% is strategic as a sale of Anglo's shares does not have to be disclosed
4) there has not been any announcement of the 100 tonne bulk sample to Anglo
"This Agreement will remain in force until 12 months after the delivery of a sample of ore in an amount of at least one hundred (100) tonnes by Canada Nickel to Anglo American, expected by 2024. "