Canada Nickel Provides Corporate Update
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Canada Nickel Provides Corporate Update
TORONTO, February 18, 2025 – Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSX-
V:CNC) (OTCQB: CNIKF) has extended the closing date of the $20 million Convertible Note with Taykwa
Tagamou Nation ("TTN"), announced on December 16, 2024. Completion of the transaction is subject to
certain conditions, including the approval of the TSX Venture Exchange, and the receipt of all other
required third party consents.
“We remain committed to completing our investment partnership with Canada Nickel,” said Chief Bruce
Archibald of TTN. “TTN continues to believe that this important collaboration paves the way for future
generations to thrive while maintaining our commitment to environmental stewardship and community
well-being. We look forward to working with all parties for this investment to close quickly.”
About Canada Nickel Company
Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel
required to feed the high -growth electric vehicle and stainless -steel markets. Canada Nickel is currently
anchored by its 100% owned flagship Crawford Nickel Sulphide Project in the emerging Timmins Nickel
District. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero
NickelTM, NetZero CobaltTM, NetZero IronTM and is pursuing the development of processes to allow the
production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with
leverage to nickel in low political risk jurisdictions.
For further information, please contact:
Mark Selby, CEO
Phone: 647-256-1954
Email: [email protected]
Cautionary Statement Concerning Forward-Looking Statements
This press release contains certain information that may constitute "forward-looking information" under
applicable Canadian securities legislation. Forward looking information includes, but is not limited to,
financings and the timing thereof, drill and exploration results relating to the target properties described
herein (the "Properties"), the significance of drill results, the ability to continue drilling, the impact of
drilling on the definition of any resource, the potential of the Crawford Nickel Sul phide Project and the
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Properties, timing and completion (if at all) of mineral resource estimates, the ability to sell marketable
materials, strategic plans, including future exploration and development plans and results, corporate and
technical objectives, and the completion o f assays, follow -up geophysics and further drilling. Forward -
looking information is necessarily based upon several assumptions that, while considered reasonable, are
subject to known and unknown risks, uncertainties, and other factors which may cause the actual results
and future events to differ materially from those expressed or implied by such forward -looking
information. Factors that could affect the outcome include, among others: future prices and the supply of
metals, the future demand for metals, the results of drilling, inability to raise the money necessary to incur
the expenditures required to retain and advance the property, environmental liabilities (known and
unknown), general business, economic, competitive, political and social uncertainties, results of
exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to
obtain regulatory or shareholder approvals. There can be no assurance that such information will prove
to be accurate, as actual results a nd future events could differ materially from those anticipated in such
information. Accordingly, readers should not place undue reliance on forward -looking information. All
forward-looking information contained in this press release is given as of the dat e hereof and is based
upon the opinions and estimates of management and information available to management as at the date
hereof. Canada Nickel disclaims any intention or obligation to update or revise any forward -looking
information, whether because of new information, future events or otherwise, except as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.