NiCAN to Attend Swiss Mining Institute Forum and Central Canada Mineral Exploration Convention
NiCAN Limited
390 Bay St, Suite 700A
Toronto, ON, M5H 2M8
NiCAN to Attend Swiss Mining Institute Forum and
Central Canada Mineral Exploration Convention
Toronto, Ontario – November 3, 2022 – NiCAN Limited (“NiCAN” or the “Company”) (TSX-V:NICN)
continues to expand its shareholder awareness initiatives. After completing a number of positive virtual
meetings at the 121 Global Online Tech Metals conference, NiCAN will continue to introduce the
Company, and its highly prospective Nickel projects in Manitoba Canada, throughout the fourth quarter.
Brad Humphrey, President and CEO, will be participating in the one-on-one meetings hosted by the Swiss
Mining Institute Forum on November 8, 9 and 10. NiCAN will also be exhibit ing at the Central Canada
Mineral Exploration Convention (“CCMEC”) at the Victoria Inn in Winnipeg, Manitoba on November 14
and 15.
NiCAN has engaged the services of Generation IACP Inc. (“Generation”) to provide services as a market
maker in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable
legislation. Generation will receive a fee of C$7,500 plus applicable taxes per month. The agreement
between the Company and Gener ation is for an initial term of six (6) months and shall be automatically
renewed for subsequent six (6) month periods (collectively, the “Term”) unless the Company provides
written notice of termination to Generation at least 30 days prior to the end of t he Term or Generation
provides a written notice of termination to the Company. Commencing on the first anniversary of the
agreement, the fee payable to Generation will automatically increase annually by 3.0%. No stock options
or other compensation are bei ng granted in connection with the engagement. Generation does not
currently own any securities of the Company; however, Generation and its clients may acquire an interest
in the securities of the Company in the future.
Generation is an arm’s length party to the Company. Generation’s market making activity will be primarily
to correct temporary imbalances in the supply and demand of the Company’s shares. Generation will be
responsible for the costs it incurs in buying and selling the Company’s shares, and n o third party will be
providing funds or securities for the market making activities.
Generation is based in Toronto, Ontario, and is an independently held and registered broker and member
of the Investment Industry Regulatory Organization of Canada, the T SX-V, the Canadian Securities
Exchange, and the NEO Exchange, and is a Participating Organization, as such term is defined in the rules
and policies of the Toronto Stock Exchange.
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
2
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.
Cautionary Note Regarding Forward-Looking Statements
The information contained herein contains certain “forward -looking information” under applicable
securities laws concerning the proposed financing, b usiness, operations 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, NiCAN’s ability to identify mineralization si milar
to that found in prior drill holes, the benefits and the potential of the properties of the C ompany; future
commodity prices (including in relation to NiEq calculations); 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 ba sed 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 res ults 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 a nd 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 t hat 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 accurate, as actual results and future events could differ
materially from those anticipated in s uch 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 rel iance 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.