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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 moneywagonon Jul 08, 2024 11:19am
126 Views
Post# 36122773

CNC~LONGS GONE FISHING~NR POSTINGS~THANK YOU CEO FORUM!

CNC~LONGS GONE FISHING~NR POSTINGS~THANK YOU CEO FORUM!
 
@Barklake my guess is more details will come out in the future... BIG TAKE AWAY guess... a major corporate re-org maybe in the works... i can possibly imagine textmont spin out, maybe REID spin out, maybe one or two others..all i know is that there are so many corporate re org options for cnc to examine and investment options for others to get in or for a cnc go it alone scenario....this is the tip of the iceberg in my opinion. ALL ABOVE IS my own SPECULATION, i have not spoken to CNC this year. (2024), so i have no idea what they are thinking of.. my guess is i better get some shares in CNC to go with my large bundle of Noble shares sooner rather than later. I thought i had lots of time... after this news release... this is likely not the case...
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@Mikeymike426 This is a smart play by both companies as it limits dilution to advance Mann for both parties. This is very similar to how CNC came to existence only CNC was spun straight away. In this scenario they can build a data set and when the market improves for miners the asset can be publicly listed. With so many properties under development, something was bound to happen like this.
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about 2 hours ago

  
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@Mikeymike426  Canada Nickel TSX-V: CNC - OTCQX: CNIKF Announces Creation of ‘ExploreCo’ Subsidiary with Spin-out of Eastern Exploration Properties and Consolidation of Crawford Regional Land Package Highlights Consolidation of the Canada Nickel-Noble joint venture in Mann Township and other Canada Nickel exploration projects East of Timmins into a single private company owned 80% by Canada Nickel and 20% by Noble Mineral Exploration. Consolidation of all Crawford and adjacent township mining and surface rights facilitate and simplify acquisition of the required surface rights required to begin construction of the Crawford Nickel Sulphide Project. As part of the transaction, Canada Nickel will consolidate ownership of the mining rights and access to the surface rights for certain key patents in Aubin, Crawford, Carnegie, Dargavel, Kidd, Lennox, Lucas, Nesbitt, Prosser, and Wark townships currently held by Noble, which facilitates and simplifies future development of Crawford and other nearby regional properties held by Canada Nickel. Mark Selby, CEO of Canada Nickel, commented: “Today is the first of a set of transactions designed to unlock value from our significant asset portfolio. The creation of ExploreCo will facilitate the ability to realize the future value of these properties that are not currently recognized in Canada Nickel’s market value. This transaction also allows the Company to consolidate the surface rights, remaining claims, and patents around the Crawford Nickel Sulphide Project to simplify the development of Crawford and our future projects.” For more information please visit https://insidexploration.com/canada-nickel-announces-creation-of-exploreco-subsidiary-with-spin-out-of-eastern-exploration-properties-and-consolidation-of-crawford-regional-land-package/ $CNC $NOB #Index #Index2 #Boardroom #Nickel ~Insidexploration
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