Class 1 Nickel Announces Option Cancellation
TORONTO, Feb. 16, 2024 (GLOBE NEWSWIRE) — Class 1 Nickel and Technologies Limited (CSE: NICO/ OTCQB:NICLF) (the “Company” or “Class 1 Nickel”) announces that it has cancelled an aggregate of 11,765,502 stock options of the Company. Of these stock options cancelled, an aggregate of 11,165,502 stock options were exercisable to acquire common shares of the Company at an exercise price of $0.60 until June 11, 2024, and the balance of 600,000 stock options were exercisable at an exercise price of $0.50 until August 11, 2025.
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