Core Nickel Stock Price, News & Analysis

Core Nickel Corp (CSE: CNCO) has announced an increase in its private placement offering from $175,000 to $580,125 due to higher investor interest. The company will now offer up to 3,315,000 units at $0.175 per unit, up from the initial 1,000,000 units. The company may pay finders' fees to eligible finders, subject to compliance with securities laws and CSE policies. All securities issued will have a four-month and one-day hold period from their issuance date.

Core Nickel Corp. (CSE: CNCO) has announced a non-brokered private placement of up to $175,000, offering up to 1,000,000 units at $0.175 per unit. Each unit includes one common share and one purchase warrant, exercisable at $0.30 for 36 months after closing. The proceeds will be used for general working capital. All securities issued will have a four-month and one-day hold period.

Additionally, Core Nickel has granted incentive stock options to directors, officers, and consultants for up to 1,930,000 common shares. These options are exercisable for 3 years at $0.20 per share, with a hold period expiring February 22, 2025.

Core Nickel Corp. (CSE: CNCO) has successfully closed two non-brokered private placements, raising a total of $2,502,000. The company issued 7,500,000 flow-through units (FT Units) at $0.30 each, generating $2,250,000, and 1,440,000 non-flow-through units (NFT Units) at $0.175 each, raising $252,000. Company insiders participated, purchasing 66,000 units. The funds from FT Units will be used for exploration in the Thompson Nickel Belt, Manitoba, while NFT Units proceeds will cover general working capital.

Core Nickel's key projects include the Mel Deposit Project, located 25 km from Vale's Thompson Mill Complex, with a historic indicated resource of 4.3 million tonnes at 0.88% nickel. The company also owns the Halfway Lake Project, where recent drilling intersected 91 metres grading 0.37% nickel, indicating potential for higher-grade massive sulphide zones.

Core Nickel Corp. (CSE: CNCO) has announced a proposed non-brokered private placement to raise up to $252,000. The offering consists of units priced at $0.175 each, with each unit comprising one common share and one warrant. The warrants allow holders to purchase an additional common share at $0.30 within 36 months of the closing date.

Proceeds from the offering will be used for general working capital expenses. The company may pay finders' fees to eligible finders, subject to compliance with securities laws and CSE policies. All securities issued will have a four-month and one-day hold period. Core Nickel plans to close this offering concurrently with its previously announced flow-through unit offering.

Core Nickel Corp. (CSE: CNCO) has announced an increase in its previously announced private placement offering. The company now plans to sell up to 7,500,000 flow-through units (FT Units) at a price of $0.30 per unit, aiming to raise gross proceeds of up to $2,250,000. This is an increase from the initially planned 5,000,000 FT Units with gross proceeds of $1,500,000. The decision to upsize the offering comes in response to higher-than-expected interest. All other terms of the offering remain unchanged from the company's earlier announcement on September 23, 2024. The offering is still subject to compliance with applicable securities laws and CSE policies.

Core Nickel Corp. (CSE: CNCO) announces a proposed $1,500,000 non-brokered private placement of flow-through units at $0.30 per unit. Each unit includes one flow-through share and one warrant to purchase a non-flow-through share at $0.30 within 36 months. Proceeds will fund Canadian exploration expenses qualifying as flow-through critical mineral mining expenditures for the company's Thompson Nickel Belt properties in Manitoba.

Core Nickel's assets include the Mel Deposit Project, 25 km from Vale's Thompson Mill Complex, with a historic indicated resource of 4.3 million tonnes at 0.88% nickel and inferred 1.0 million tonnes at 0.84% nickel. The Halfway Lake Project, 15 km from the Bucko Mill, recently yielded promising drill results, including 91 metres at 0.37% nickel.

The company will pay finders' fees and may involve insider participation. Securities issued will have a four-month hold period.

Core Nickel Corp. (CSE: CNCO) has successfully closed its non-brokered private placement, raising $400,000 through the issuance of 8,000,000 flow-through units at $0.05 per unit. The proceeds will fund exploration programs in the Thompson Nickel Belt, Manitoba. The company's key assets include:

1. The Mel Deposit Project, located 25 km from Vale's Thompson Mill Complex, with a historic indicated resource of 4.3 million tonnes at 0.88% nickel.

2. The Halfway Lake Project, 15 km from the Bucko Mill, where recent drilling intersected 91 metres grading 0.37% nickel.

Notable investors in this offering include Paul Reid, who now owns 20.6% of outstanding shares, and Marc Pais, who now controls 11.2% of the company.

Core Nickel Corp. (CSE: CNCO) has fully subscribed its previously announced $400,000 non-brokered private placement of 8,000,000 flow-through units at $0.05 per unit. The company expects to close the offering on September 20, 2024, subject to customary conditions. Proceeds will fund geophysical surveys and winter drilling programs at its Mel and Odei River properties.

Notably, Paul Reid and Marc Pais are each subscribing for $200,000 and joining as strategic advisors. Both bring extensive experience in public markets, exploration, and development. Reid is the co-founder and past Executive Chairman of Arizona Metals Corp., while Pais is the co-founder and former CEO of the same company. Their expertise is expected to support Core Nickel's growth and exploration efforts in the Thompson Nickel Belt, Manitoba.

Core Nickel Corp. (CSE: CNCO) has announced a non-brokered private placement offering of up to 8,000,000 flow-through units at $0.05 per unit, aiming to raise up to $400,000. Each unit consists of one flow-through common share and half a warrant, with each whole warrant allowing the purchase of one common share at $0.06 within three years of the closing date.

The proceeds will fund helicopter-borne VTEM and horizontal magnetic gradiometer geophysical surveys on the company's Mel and Odei River properties, as well as support part of the winter drilling program targeting high-priority areas identified by the 2024 VTEM surveys. All securities issued will have a four-month and one-day hold period.