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Canada Nickel Co Inc Stock Price, News & Analysis

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

Canada Nickel Co Inc. (CNIKF) drives innovation in sustainable nickel production through its flagship Crawford Nickel Sulphide Project and NetZero Metals initiatives. This page aggregates official announcements, operational updates, and strategic developments critical for understanding the company's role in supplying essential materials for electric vehicle batteries and stainless steel.

Investors and industry observers will find comprehensive coverage of resource expansion efforts, environmental milestones, and partnership agreements. The curated news feed serves as a reliable source for tracking progress in the Timmins Nickel District and Canada Nickel's advancements toward carbon-neutral metal production.

Key updates include drilling results, feasibility study disclosures, sustainability certifications, and market positioning strategies. All content is sourced directly from company filings and verified industry channels to ensure accuracy and relevance for financial decision-making.

Bookmark this page for streamlined access to Canada Nickel's evolving story in the critical minerals sector. Regular updates provide insights into operational scaling, technological innovations, and the company's growing influence in low-carbon supply chains.

Rhea-AI Summary

Canada Nickel announced positive exploration results from multiple properties in the Timmins Nickel District. Key highlights include:

- Midlothian: Best regional result with 470 meters of 0.31% nickel, including 13.5 meters of 0.41% nickel

- Bannockburn: Eight holes with well-mineralized intervals, five containing >0.3% nickel

- Deloro: Eleven holes with mineralized intervals, including 371 meters of 0.27% nickel

- Nesbitt: Drilling yielded 382 meters of 0.22% nickel

The company completed over 118,000 meters of drilling on 14 properties during its 2024 campaign. All properties are within 100 kilometers of the Timmins mining camp. The company expects to publish a total of eight additional regional resources by mid-2025, including resources at Bannockburn, Mann Central, Mann West, Midlothian, Nesbitt, and Texmont.

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Canada Nickel Company (TSXV: CNC) (OTCQX: CNIKF) has been awarded $500,000 from Ontario's Critical Minerals Innovation Fund to support the development of its nickel processing facility through NetZero Metals Inc. The facility, planned near the Crawford Nickel Sulphide Project in Timmins, Ontario, will develop a process for converting nickel concentrate into battery-essential nickel and nickel-cobalt products.

The facility will utilize biochar, a renewable reductant, to replace conventional coal-based materials, reducing carbon intensity. When fully operational, the plant is expected to produce over 75,000 tonnes of nickel annually. The company is collaborating with Kingston Process Metallurgy to advance the design and testing of this innovative processing technology. The funding will support process validation through lab and pilot-scale metallurgical testing using representative feed samples and Ontario-produced biochar.

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Canada Nickel (TSXV: CNC) (OTCQX: CNIKF) has announced an extension of its US$15 million loan facility repayment with Auramet International from January 9, 2025, to March 14, 2025. The extension includes a fee of US$438,465 and the issuance of 1,750,000 warrants at a strike price of $0.96 per share with a 9-month expiry. The company will cancel 750,000 previously issued warrants.

The loan will carry a 1.25% monthly interest rate during the extension period, with interest on the original loan amount deferred to March 14, 2025. The extension aims to allow the company to complete various strategic financing initiatives. The arrangement is subject to TSX Venture Exchange approval.

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Canada Nickel (TSXV: CNC) (OTCQB: CNIKF) has signed two key definitive agreements on January 6, 2025. The first agreement, with Noble Mineral Exploration, involves creating a new private company (ExploreCo) to consolidate their nickel projects northeast of Timmins, Ontario. This transaction is expected to close by January 31, 2025.

The second agreement secures an option to acquire 32,000 acres of surface rights in Crawford and surrounding townships, important for the Crawford Nickel Sulphide project development. As part of this deal, Canada Nickel will issue 5.5 million shares and transfer 47,750 acres of mining rights in Kingsmill and Mabee townships to the Surface Rights Holder. The option can be exercised by December 31, 2026, with the possibility of five annual extensions.

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Canada Nickel Company (TSXV: CNC) (OTCQX: CNIKF) has joined the federal government's Equal by 30 campaign, aimed at advancing gender equality in the mining industry by 2030. The campaign focuses on achieving equal pay, leadership, and opportunities for women in the clean energy transition sector.

Currently, women represent only 16% of the mining industry workforce, compared to 48% across other industries. Canada Nickel demonstrates higher representation with 33% women on its board and 32% women in its workforce. The company plans to implement a phased DEI program over the next 12-36 months, establish relationships with organizations like 'Women in Mining', and conduct annual market analyses to ensure fair compensation. Additionally, the company will provide comprehensive workplace harassment prevention training for all employees.

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Canada Nickel (TSXV: CNC) (OTCQB: CNIKF) has completed a non-brokered private placement, raising C$4,002,000 through the issuance of 3,480,000 flow-through shares at C$1.15 per share. The proceeds will fund eligible resource exploration expenses, including Canadian Exploration expenses and flow-through critical mineral mining expenditures.

The company plans to use these funds to continue its exploration program through the first half of 2025, focusing on the Timmins Nickel District. Their goals include upgrading initial mineral resources at Reid and Deloro, and developing their Bannockburn high-grade discovery. Canada Nickel aims to publish eight mineral resources for their Timmins Nickel District properties by mid-2025.

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Canada Nickel (TSXV: CNC) (OTCQB: CNIKF) announced an initial mineral resource for its Reid Nickel Sulphide Project near Timmins, Ontario. The project, located 16 kilometers southwest of Crawford, features an Indicated Resource of 0.59 billion tonnes grading 0.24% nickel (containing 1.4 million tonnes of nickel) and an Inferred Resource of 0.99 billion tonnes grading 0.23% nickel (containing 2.2 million tonnes of nickel).

The resource covers approximately 55% of Reid's total geophysical target area, which is more than twice the size of Crawford. The project has an additional Exploration Target potential of 0.9-2.1 billion tonnes grading 0.20-0.22% nickel. Reid is the second of seven new nickel resources expected to be published by mid-2025, demonstrating the potential scale of the Timmins Nickel District.

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Canada Nickel Company and Taykwa Tagamou Nation (TTN) have announced a historic $20 million investment partnership for the Crawford Nickel Sulphide Project. TTN will invest in a Convertible Note convertible into 16.67 million shares at $1.20 per share, representing an 8.4% stake in the company. The Note has a five-year term with a 4.75% annual coupon.

This marks the largest direct investment by a First Nation into a critical minerals mining project in Canada. TTN will gain a seat on Canada Nickel's Board of Directors when holding the Note or maintaining at least 5% ownership post-conversion. The Crawford Project is positioned to become Canada's largest nickel mine and aims to be a net-zero operation, capable of storing up to 1.5M tonnes of CO2 annually during peak production.

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Canada Nickel (CNIKF) announced positive exploration results from its Mann Township Properties, highlighting successful drilling outcomes at three locations: Mann West, Mann Central, and Mann South. The company has completed over 117,000 metres of drilling across 14 properties in 2024.

Key findings include strong mineralization at Mann West across a 1.7 km by 0.6 km area, with 28 of 31 holes showing intervals greater than 0.3% nickel. Notable results include 0.52% nickel over 37.5 metres within 0.28% nickel over 356 metres. A new discovery at Mann South delivered 0.24% nickel over 508 metres, with several holes showing anomalous PGM horizons including 0.82 g/t Pt+Pd over 18.6 metres.

The company expects to publish six additional resources beyond Crawford and Deloro through the first half of 2025.

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Canada Nickel Company has received a positive federal conformity determination from the Impact Assessment Agency of Canada (IAAC) for its Crawford Nickel Sulphide Project's Impact Statement. This confirmation indicates that the statement meets accessibility and formatting requirements, containing sufficient information to advance to technical review and public comment phases.

The 60-day public comment period began on December 9, 2024, and will conclude on February 7, 2025. The Crawford project is notably the only mining project in Canada to reach this stage under the 2019 Impact Assessment Act. The public is invited to review and provide feedback on the Impact Statement and its summary through various available documents and information sessions.

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FAQ

What is the current stock price of Canada Nickel Co (CNIKF)?

The current stock price of Canada Nickel Co (CNIKF) is $0.616202 as of July 14, 2025.

What is the market cap of Canada Nickel Co (CNIKF)?

The market cap of Canada Nickel Co (CNIKF) is approximately 138.2M.
Canada Nickel Co Inc

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