Canada Nickel Co Inc Stock Price, News & Analysis

Canada Nickel (OTCQB: CNIKF) announced an updated Reid Mineral Resource Estimate on Jan 12, 2026, increasing Measured & Indicated contained nickel by 46% to 2.1 million tonnes (0.87 billion tonnes @ 0.23% Ni) and Inferred contained nickel by 47% to 3.2 million tonnes (1.45 billion tonnes @ 0.22% Ni). A higher‑grade domain totals 0.77 billion tonnes @ 0.25% Ni (Indicated) and 0.98 billion tonnes @ 0.24% Ni (Inferred). The deposit has an average strip ratio of 1.19:1, average overburden of 25.8 m, and remains open along multiple directions. An Exploration Target of 0.5–1.4 billion tonnes @ 0.21–0.22% Ni is reported as conceptual pending further drilling.

Canada Nickel (TSXV: CNC / OTCQB: CNIKF) granted equity and deferred awards for fiscal 2025 performance on Dec 30, 2025. Total grants: 1,900,000 stock options (exercise price $1.16, five-year term, vesting in three equal annual tranches), 1,900,000 RSUs (settled in common shares, vesting in three equal annual tranches), 1,900,000 cash-settled performance RSUs (vesting in full on board approval to commence construction of the Crawford Project or potentially vesting in thirds after one year subject to market parameters), and 750,000 DSUs (vesting/settlement under the DSU Plan approved May 28, 2025).

Grants are to certain directors, officers and/or employees and tie a portion of pay to construction and market-based performance triggers.

Canada Nickel (OTCQB: CNIKF) reported initial Mineral Resource Estimates for Midlothian and Bannockburn dated December 15, 2025. Midlothian: 595.3 Mt Inferred @ 0.28% Ni (1.68 Mt contained Ni) and an Exploration Target 434–980 Mt @ 0.25–0.27% Ni. Bannockburn: 63.2 Mt Indicated @ 0.28% Ni (0.18 Mt Ni) and 129 Mt Inferred @ 0.27% Ni (0.34 Mt Ni).

The Timmins Nickel District totals 3.98 Bt M&I @ 0.24% Ni (9.42 Mt Ni) and 4.95 Bt Inferred @ 0.23% Ni (11.48 Mt Ni). Technical reports will be filed on SEDAR+ within 45 days.

Canada Nickel (TSXV: CNC) announced its flagship Crawford Project was referred to the Government of Canada's Major Projects Office following an announcement on November 13, 2025.

The company said referral aims to accelerate permitting and financing to target construction by end of 2026. Crawford is north of Timmins with direct access to power, road and rail, co-developed with First Nations partners, and advances one of the world's largest nickel reserves while producing nickel, cobalt and North America's only domestic chromium source.

An independent economic assessment estimates $70 billion GDP over the life of the mine and roughly 185,000 person-years of employment, including about 1,000 full-time and 3,000 indirect roles.

Canada Nickel (OTCQB: CNIKF) and the University of Texas at Austin launched a one-month in-situ carbon sequestration pilot at the Crawford nickel project near Timmins, Ontario on Nov 3, 2025.

The pilot, supported by funding from the U.S. DOE ARPA-E, will inject carbon-enriched water into a 400 metre-deep well in ultramafic rock to test rapid CO2 mineralization (initial reaction hours; most CO2 expected to become solid within six months). Monitoring will use groundwater sampling, seismic sensors, gas detectors, and satellite surface tracking. The study is independent of Canada Nickel’s IPT Carbonation and aims to inform post-mining sequestration and a Zero-Carbon Industrial Cluster vision.

Canada Nickel (OTCQX: CNIKF) and NetCarb announced a phased partnership to test NetCarb's proprietary carbon sequestration process on Crawford tailings to produce by-products and enable a zero carbon industrial cluster in Northeastern Ontario. Key near-term activities include lab work in 2026, pilot demonstrations targeted for 2027, and funding proposals through 2025. NetCarb estimates each tonne of Crawford tailings could sequester ~300 kg CO2, yield ~55 kg hydrogen (convertible to ~310 kg ammonia or ~b>545 kg urea) and produce ~270 kg MgO. The program will assess blue-green hydrogen, low-carbon fertilizers, magnesium products and biomass-enabled carbon removal.

Canada Nickel (OTCQX: CNIKF) released an economic impact study for the Crawford nickel project, projecting a $70.2 billion total contribution to Canada’s GDP over a projected 40+ year mine life, with $67 billion in Ontario. The study estimates ~1,000 direct and ~3,000 indirect/induced jobs, totalling ~185,000 person-years of employment and $15.9 billion in labour income. It forecasts $7.7 billion in federal tax revenues and $8.3 billion in provincial tax revenues. The analysis used the company’s November 2023 feasibility study and assessed direct, indirect, and induced economic impacts across development and operations.

Canada Nickel (OTCQX:CNIKF) has announced significant exploration drilling results from its Midlothian Property, located 70km south-southeast of Timmins. Key findings include drill hole MID25-17A intersecting 0.30% nickel over 330.0 metres and MID25-18A yielding 0.29% nickel over 449.0 metres.

The property, which is larger than the company's Crawford project with a target footprint of 1.7 km², has shown consistently higher-grade intervals across all recent drill holes. The mineralization outline has been successfully extended by 200-300 metres to the south, with an initial mineral resource estimate expected by year-end 2025.

The Midlothian property, accessible year-round by road, is in the final year of a four-year joint venture agreement, requiring a final payment of $400,000 and issuance of 140,000 shares for Canada Nickel to earn 100% interest.

Canada Nickel (OTCQX:CNIKF) announced significant exploration drilling results from its Reid Nickel Sulphide Project, revealing its longest mineralization interval to date of 0.28% nickel over 1,018 meters, including higher-grade sections of 0.36% nickel over 97 meters and 0.42% nickel over 45 meters.

The drilling program successfully extended existing nickel mineralization by 200-300 meters to the north, west, and south. The Reid project features a geophysical footprint 2.5 times larger than the company's Crawford project, with an existing Indicated Resource of 0.59 billion tonnes at 0.24% nickel and an Inferred Resource of 0.99 billion tonnes at 0.23% nickel.

The company expects to release an updated mineral resource by year-end 2025, which is anticipated to significantly increase the size of the Inferred resource and upgrade the Indicated and Measured categories.

[ "Longest mineralization interval to date discovered - 1,018 meters of 0.28% nickel", "Successfully extended existing mineralization by 200-300 meters in multiple directions", "Reid's geophysical footprint is 2.5 times larger than Crawford project", "Multiple high-grade intervals discovered including 0.42% nickel over 45 meters", "Substantial existing resource base with 1.4Mt nickel in Indicated and 2.2Mt in Inferred categories" ]