NiCAN Invites Investors to Visit Booth #2217A at the PDAC on March 5-6 High Grade Nickel-Copper Drill Core from Wine Property on Display
NiCAN Limited
390 Bay St, Suite 700A
Toronto, ON, M5H 2M8
NiCAN Invites Investors to Visit Booth #2217A at the PDAC on March 5-6
High Grade Nickel-Copper Drill Core from Wine Property on Display
Toronto, Ontario – February 28, 2023 – NiCAN Limited (“NiCAN” or the “Company”) (TSX-V:NICN) invites
all shareholders and investors to visit our booth, #2217A, at the Prospectors and Developers Convention
(“PDAC”) in Toronto on March 5-6. The PDAC is one of the world’s premier mineral exploration & mining
events and is held at the Metro Toronto Convention Centre.
NiCAN will have high grade nickel-copper drill core from Hole Wine-22-05 grading 3.67% NiEq over 3.9
meters from an interval grading 2.61% NiEq over 27.3 meters on display at our booth.
Brad Humphrey, President, and CEO of NiCAN, stated, “We are excited to show some of the more
spectacular core from our Wine Project. This is an exciting time for NiCAN as we are currently drilling, have
a solid balance sheet and several highly prospective nickel targets to explore in established mining
jurisdictions.”
Qualified Person
Mr. Bill Nielsen, P.Geo, a consultant to NiCAN, who is a qualified p erson under National Instrument 43 -
101 – Standards of Disclosure of Mineral Projects (“NI 43-101”) has reviewed and approved the scientific
and technical information in this press release.
About NiCAN
NiCAN Limited is a mineral exploration company, trading under the symbol “NICN” on the TSX -V. The
Company is actively exploring two nickel projects, both located in well-established mining jurisdictions in
Manitoba, Canada.
Contact Information:
Brad Humphrey Sandy Noyes
President and CEO Investor Relations & Communications
416.565.4007 [email protected]
www.nicanltd.com
To receive news releases by e-mail, please register using the NiCAN website at www.nicanltd.com.
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Cautionary Note Regarding Forward-Looking Statements
The information contained herein contains certain “forward -looking information” under applicable
securities laws concerning the proposed financing, business, operati ons and financial performance and
condition of NiCAN Limited. Forward -looking information includes, but is not limited to, the size and
timing of the drill program, results of the drill program, future exploration drill programs, interpretations
of the various surveys, NiCAN’s ability to identify mineralization similar to that found in prior drill holes,
the benefits and the potential of the properties of the C ompany and neighboring properties; future
commodity prices (including in relation to NiEq calc ulations); drilling and other exploration potential;
costs; and permitting. Forward -looking information may be characterized by words such as “plan,”
“expect,” “project,” “intend,” “believe,” “anticipate”, “estimate” and other similar words, or statements
that certain events or conditions “may” or “will” occur. Forward -looking information is based on the
opinions and estimates of management at the date the statements are made and are based on a number
of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual
events or results to differ materially from those projected in the forward -looking information. Many of
these assumptions are based on factors and events that are not within the control of the C ompany and
there is no assurance they will prove to be correct. Factors that could cause actual results to vary
materially from results anticipated by such forward -looking information includes changes in market
conditions, fluctuating metal prices and currency exchange rates, the possibility of project cost overruns
or unanticipated costs and expenses and permitting disputes and/or delays. Although the C ompany has
attempted to identify important factors that could cause actual actions, events or results to differ
materially from those described in forward -looking information, there may be other factors that cause
actions, events or results not to be anticipated, estimated or intended. There can be no assurance that
forward-looking information will prove to be accurat e, as actual results and future events could differ
materially from those anticipated in such statements. The Co mpany undertakes no obligation to update
forward-looking information if circumstances or management’s estimates or opinions should change
except as required by applicable securities laws. The reader is cautioned not to place undue reliance on
forward-looking information.
Neither TSX-V nor its Regulation Services Provider (as that term is defined in policies of the TSX -V) accepts
responsibility for the adequacy or accuracy of this release.