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First Atlantic Nickel Corp. - ACPRF STOCK NEWS

Welcome to our dedicated page for First Atlantic Nickel news (Ticker: ACPRF), a resource for investors and traders seeking the latest updates and insights on First Atlantic Nickel stock.

First Atlantic Nickel Corp. (formerly Avante Mining Corp.) is a publicly-traded Canadian mining exploration company, symbol ACPRF. The company's primary focus is on developing high-value, geographically significant nickel projects, particularly the Atlantic Nickel Project and the Voisey's West Project. Both projects aim to address the growing global demand for sustainably sourced nickel, essential for electric vehicle batteries, clean energy, and stainless steel production.

The Atlantic Nickel Project is located in Newfoundland and Labrador, Canada, and is notable for its significant nickel awaruite deposits. Unlike traditional nickel sulfide ores, awaruite does not require smelting, leading to lower carbon emissions and a more environmentally friendly extraction process. This makes the project highly attractive to battery and steel producers seeking to reduce their carbon footprint and secure a stable supply chain for critical minerals.

The Voisey's West Project is situated in the same intrusive complex as the world-renowned Voisey's Bay Nickel mine. It boasts remaining proven and probable reserves of 32.4 million tonnes of 2.13% nickel, 0.96% copper, and 0.13% cobalt. Recent drilling has identified new high-grade nickel intercepts, further enhancing the project's potential to become one of the leading nickel operations globally.

First Atlantic Nickel is committed to responsible exploration and environmental stewardship. With a robust exploration strategy, the company is advancing its projects through extensive fieldwork, data compilation, and strategic acquisitions. Recent milestones include the acquisition of additional mining licenses, increasing the project size to cover approximately 210 square kilometers of mineralized belt, and successful uplisting to the OTCQB Venture Market under the symbol FANCF.

Under the leadership of CEO Adrian Smith, First Atlantic Nickel is dedicated to leveraging its high-quality projects, strategic location, and experienced team to meet the rising demand for nickel. The company's initiatives also include significant investor outreach and marketing campaigns to enhance visibility and attract investment, further solidifying its position in the critical minerals sector.

For more information, please visit the official website at www.fanickel.com or follow the company on social media platforms like Twitter, Facebook, and LinkedIn.

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First Atlantic Nickel (TSXV: FAN, OTCQB: FANCF, FSE: P21) has announced its successful uplisting to the OTCQB Venture Market, enhancing its visibility and liquidity in the U.S. stock market. This move aligns with the company's strategy to expand its U.S. shareholder base and provide American investors with exposure to the critical minerals sector. FAN's CEO, Mr. Smith, emphasized the company's commitment to sustainable nickel production, vital for industries such as electric vehicles, clean energy, and aerospace. Notably, FAN's Nickel Project features awaruite, a rare form of nickel that eliminates the need for smelting, making it a cleaner and more energy-efficient choice. The company also secured Depository Trust Company (DTC) eligibility for its shares, further broadening its investor base and potentially increasing liquidity. FAN's shares will continue to trade on the TSX Venture Exchange and various German exchanges.

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First Atlantic Nickel Corp. (TSXV: FAN, OTC Pink: ACPRF) has launched a new website and corporate presentation. The new website, www.fanickel.com, outlines the company's mission, operations, and exploration strategy. FAN has also filed for DTC eligibility and an uplisting to the OTCQB market, subject to final approval. This move is part of an effort to enhance visibility and improve liquidity. The company has engaged Xander Capital Partners, Life Water Media, and Think Ink with a budget of up to $320,000 for investor outreach. Additionally, FAN is gearing up for its 2024 field programs at the Atlantic Nickel and Voisey's West projects.

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First Atlantic Nickel has engaged Think Ink Marketing to boost public awareness and investor outreach. The agreement, starting May 12, 2024, allocates up to $100,000 for six months, renewable with 30-day notice. Think Ink will create and distribute marketing materials, online ads, and more. This is part of FAN's broader strategy, which includes previous engagements with Xander Capital Partners and TD Media, totalling a $320,000 budget for the year. The company also plans to launch its redesigned website and 2024 field programs for the Atlantic Nickel and Voisey's West projects, with promising data from recent drills.

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First Atlantic Nickel Corp. announces a digital marketing agreement with TD Media for $100,000 over three months. The company aims to enhance global visibility with investor outreach campaigns. The agreement complements the engagement of Xander Capital Partners to establish FAN as a leader in the nickel industry. FAN plans to launch its 2024 field programs at various nickel projects, including Atlantic Nickel, Crawford project, and Vosiey's West nickel project.
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Avante Mining Corp. (ACPRF) announces a name change to First Atlantic Nickel Corp. The company's trading symbol will change to 'FAN' on the TSXV Exchange. Shareholders are not required to take any action. The management believes the new name reflects their vision to become a global leader in green nickel production. The company has also entered into an investor relations agreement with Xander Capital Partners Inc. to enhance market awareness and reach within the investment community.
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Avante Mining Corp. Acquires 100% of 1446199 B.C. , Expands Project Size in Newfoundland, and Targets Awaruite Nickel-Iron Alloy Deposits
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Avante Mining Corp. announces acquisition of 1446 B.C. LTD., securing vast nickeliferous Pipestone ultramafic complex, expanding project size to 210 square kilometers. The transaction includes historical drilling data showing promising nickel grades. CEO Adrian Smith sees this as a significant advancement for the company, aiming to follow through on previous exploration work. The agreement involves the purchase of 1446 Shares in exchange for 15,690,001 common shares of Avante, with a three-year lock-up period for Payment Shares. The acquisition is subject to customary closing conditions and regulatory approvals.
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Avante Mining Corp. has closed an option agreement with Darrin Hicks, acquiring a 100% interest in five mapped staked claims in central Newfoundland, adjoining the Pipestone Project, for cash payments of $55,000 and 800,000 common shares over three years. The property is ideally located with road access and a hydroelectric power station nearby. The vendor will retain a 2% royalty, with the company having the right to buy back three-quarters of the royalty for $1,000,000 at any time. Adrian Smith, CEO of Avante, comments on the potential for long-term, stable, and clean source of nickel in the region.
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Avante Mining Corp. (AVA) announced an update on field work at the Pipestone Nickel Project and an option agreement with Darrin Hicks for the Pipestone South Property. The company is targeting awaruite in the nickeliferous pipestone belt and has collected 96 rock samples. They also entered into an agreement to acquire a 100% interest in the Pipestone South Property.
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Avante Mining Corp. (TSXV: AVA) (OTC Pink: ACPRF) (FSE: P210) has initiated field work on the Pipestone Nickel Project in central Newfoundland. Historical drilling re-assayed in 2012 confirmed consistent and highly elevated nickel with 0.22% Nickel (Ni) over the entire length of two drillholes. The Company sees the opportunity to identify broad areas of similar or better nickel mineralization that could contain magnetically recoverable nickel (awaruite) and/or sulfide-nickel mineralization through a focused exploration strategy.
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FAQ

What is First Atlantic Nickel Corp.'s primary focus?

First Atlantic Nickel Corp. focuses on developing high-value nickel projects, particularly the Atlantic Nickel and Voisey's West projects, aimed at providing sustainably sourced nickel.

Where are First Atlantic Nickel Corp.'s major projects located?

The company's major projects, Atlantic Nickel and Voisey's West, are located in Newfoundland and Labrador, Canada.

What makes the Atlantic Nickel Project unique?

The Atlantic Nickel Project is unique due to its significant nickel awaruite deposits, which do not require smelting, resulting in lower carbon emissions and a more environmentally friendly extraction process.

What recent achievements has First Atlantic Nickel Corp. made?

Recent achievements include acquiring additional mining licenses, expanding the project area to 210 square kilometers, and successful uplisting to the OTCQB Venture Market.

How does First Atlantic Nickel Corp. ensure sustainable operations?

The company is committed to responsible exploration, environmental stewardship, and working closely with local communities to create sustainable economic opportunities.

Who is the CEO of First Atlantic Nickel Corp.?

Adrian Smith is the CEO of First Atlantic Nickel Corp.

What is the significance of the Voisey's West Project?

The Voisey's West Project is significant for its high-grade nickel deposits and proximity to the world-class Voisey's Bay Nickel mine, making it one of the leading nickel operations globally.

How can investors stay updated on First Atlantic Nickel Corp. news?

Investors can stay updated by visiting the company's website at www.fanickel.com and following their social media platforms on Twitter, Facebook, and LinkedIn.

What is the OTCQB Venture Market listing symbol for First Atlantic Nickel Corp.?

The OTCQB Venture Market listing symbol for First Atlantic Nickel Corp. is FANCF.

Why is nickel considered a critical mineral?

Nickel is essential for industries like electric vehicle batteries, infrastructure, clean energy, and aerospace. Its designation as a critical mineral underscores its importance to the economy and security.

First Atlantic Nickel Corp.

OTC:ACPRF

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6.59M
29.67M
1.81%
All Other Nonmetallic Mineral Mining
Mining, Quarrying, and Oil and Gas Extraction
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