Canada Nickel Announces Creation of ‘ExploreCo’ Subsidiary with Spin-out of Eastern Exploration Properties and Consolidation of Crawford Regional Land Package
Highlights
TORONTO, July 8, 2024 /PRNewswire/ – Canada Nickel Company Inc. (“Canada Nickel” or the “Company“) (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce that it has signed a binding letter of Intent (the “LOI”) with Noble Mineral Exploration Inc. (“Noble”) dated July 5th, 2024 whereby Canada Nickel and Noble will contribute certain mining properties, including the existing Mann joint venture, into a new private company (“ExploreCo”) to consolidate their respective interests in the portfolio of nickel projects northeast of Timmins, Ontario.
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