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The latest announcement is out from Canada Nickel Company ( (TSE:CNC) ).
Canada Nickel Company Inc., an explorer and developer focused on advancing nickel projects, announced the extension of its US$15 million loan facility from January 9 to March 14, 2025, with Auramet International, Inc. This extension allows Canada Nickel to proceed with strategic financing initiatives and includes an extension fee and issuance of new warrants. The move is seen as a strategic effort to bolster the company’s financial positioning as it continues its operations in the nickel industry.
More about Canada Nickel Company
YTD Price Performance: -6.72%
Average Trading Volume: 35,427
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $110.6M
See more insights into CNC stock on TipRanks’ Stock Analysis page.
