Canada Nickel Company Inc. announced that it is exercising its option to acquire an 80% interest in the Mann Nickel Property from Noble Mineral Exploration Inc. as Canada Nickel consolidates its interests in bulk tonnage nickel projects east of Timmins, Ontario. The option terms include: Exploration expenditures of $1.7 million on the Property (com completed), Cash payment to Noble of $350,000 (com completed), Annual cash payments to Noble of $100,000 (current), Underlying NSR rights to previous claim owners and to Noble (to be registered).
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5-day change | 1st Jan Change | ||
1.44 CAD | +2.13% | -2.70% | +26.32% |
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1st Jan change | Capi. | |
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+26.32% | 190M | |
-12.49% | 3.96B | |
-8.50% | 3.6B | |
-6.25% | 3.53B | |
+36.69% | 2.69B | |
-5.57% | 2.52B | |
-27.01% | 975M | |
0.00% | 259M | |
-6.31% | 173M | |
+7.66% | 167M |
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- Canada Nickel Company Inc. Announces Exercise of Mann Property Option with Noble Mineral Exploration Inc