Canada Nickel Company Inc., together with its subsidiary, engages in the exploration, discovery, and development of nickel sulphide assets. It owns a 100% interest in the Crawford Nickel-Cobalt Sulphide project located in northern Ontario, Canada. The company serves electric vehicle, green energy, and stainless-steel markets. Canada Nickel Company Inc. was incorporated in 2019 and is headquartered in Toronto, Canada.

Canada Nickel Company Inc.

Canada Nickel Company Inc. is focused on advancing nickel-sulphide projects to deliver materials for the electric vehicle and stainless steel markets. It operates in well-established mining jurisdictions.

Canada Nickel is advancing the next generation of high quality, high potential nickel-cobalt projects to deliver the metals needed to power the electric vehicle revolution and feed the high growth stainless steel market. The company is publicly traded on the Toronto Venture Stock Exchange under the code "CNC".

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Canada Nickel Company

As we embark on the National Day for Truth and Reconciliation, Canada Nickel is taking the time to reflect, learn, and grow. Reconciliation is an ongoing process that requires continuous action. Action that requires a foundation built on the understanding of the painful and tragic history, as well as the ongoing intergenerational impacts, of Canada's residential school system. Today, we wear orange to honour the children who never returned home, Survivors, their families, and their communities. 
 
The National Day for Truth and Reconciliation serves as an important time to reaffirm our ongoing efforts toward meaningful progress. We will continue to build and strengthen partnerships with Indigenous Peoples, Nations, and businesses as a company ethos and as a commitment to both truth and to reconciliation #NDTR2024

CEO, Mark Selby sits down with Crux Investor to discuss the Crawford financing package, as well as the recent $500M LOI from the EDC and additional $500M Support Letter from a leading financial institution. 

Watch here: https://lnkd.in/gxHAe2jg

TSXV: CNC #Mining #Nickel

#DYK: Canada Nickel’s flagship Crawford Nickel-Sulphide Project is 100% owned and located in the heart of the emerging Timmins #Nickel District? 💡

Don’t miss their presentation at Red Cloud's Fall #Mining Showcase: https://lnkd.in/gbK25kJV

TSX-V: CNC | OTCQX: CNIKF #RCEvents

NetZero Metals’ advisory board consists of industry experts with extensive metallurgical, stainless and alloy steel experience. CEO, Mark Selby, discussed how the recent appointment of Scott Lauschke as VP Business complements our nickel industry experience. 

Read more: https://lnkd.in/g-VbTJg2

TSX-V: CNC.V | OTCQX: CNIKF #Nickel #StainlessSteel #Mining #MiningNews #Investing

In case you missed it, our CEO, Mark Selby spoke on a panel yesterday alongside Hon. George Pirie and others, titled Ontario's Critical Minerals: Paving the Future with Provincial Support.

Watch the full replay here: 
https://lnkd.in/grT-9QGN

TSXV: CNC #Mining

We have appointed an Advisory Board for NetZero Metals Inc. to support the ongoing advancement of the nickel, stainless-steel and alloy processing facilities. Check out full details below. 

To learn more about their experience in the industry, read the news release: https://lnkd.in/g-VbTJg2

TSX-V: CNC.V | OTCQX: CNIKF #Nickel #StainlessSteel #Mining #MiningNews #Investing

	Oct '20	Oct '21	Oct '22	Oct '23
net income	-3.08M -	-6.38M 107.26%	-5.54M 13.22%	-13.00M 134.92%
depreciation and amortization		80.06 -	181.22 126.35%	230.46 27.17%
deferred income tax		-80.06 -	2.16M 2,694,676.70%	2.83M 31.18%
stock based compensation	1.17M -	3.82M 227.47%	4.61M 20.89%	4.62M 0.21%
change in working capital	-1.00M -	-2.48M 147.28%	2.80M 213.02%	-1.08M 138.63%
accounts receivables	-1.22M -	-327.70K 73.21%	298.56K 191.11%	-288.58K 196.66%
inventory
accounts payables
other working capital	220.53K -	-2.15M 1,075.92%	2.50M 216.36%	-794.24K 131.72%
other non cash items	-1.37M -	-1.26M 7.87%	-5.91M 369.19%	-757.38K 87.18%
net cash provided by operating activities	-4.28M -	-6.30M 47.18%	-1.87M 70.34%	-7.39M 295.37%
investments in property plant and equipment	-10.71M -	-412.76K 96.15%	-226.00K 45.25%	-123.57K 45.32%
acquisitions net
purchases of investments
sales maturities of investments
other investing activites	-160.22K -	-19.42M 12,022.04%	-49.29M 153.76%	-37.25M 24.42%
net cash used for investing activites	-10.87M -	-19.84M 82.50%	-49.51M 149.62%	-37.37M 24.52%
debt repayment			-12.83M -	-14.63M 14.05%
common stock issued	24.62M -	11.30M 54.10%	48.18M 326.27%	44.58M 7.46%
common stock repurchased
dividends paid
other financing activites	1.70M -	7.00M 313.11%	25.71M 267.11%	16.23M 36.85%
net cash used provided by financing activities	26.32M -	18.30M 30.45%	61.06M 233.57%	46.19M 24.35%
effect of forex changes on cash
net change in cash	11.17M -	-7.83M 170.14%	9.68M 223.53%	1.42M 85.28%
cash at beginning of period		11.17M -	3.33M 70.14%	13.01M 290.14%
cash at end of period	11.17M -	3.33M 70.14%	13.01M 290.14%	14.43M 10.95%
operating cash flow	-4.28M -	-6.30M 47.18%	-1.87M 70.34%	-7.39M 295.37%
capital expenditure	-10.71M -	-412.76K 96.15%	-226.00K 45.25%	-123.57K 45.32%
free cash flow	-14.99M -	-6.71M 55.21%	-2.10M 68.79%	-7.51M 258.62%

COM:CANADANICKEL

Canada Nickel Company Inc.

Last Close

0.69

21/11 20:00

Market Cap

159.46M

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Volume Today

5K

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