Canada Nickel Company ( (TSE:CNC) ) just unveiled an update.
Canada Nickel Company has signed a significant agreement with the Mattagami, Matachewan, and Flying Post First Nations regarding the advancement of the Crawford Nickel Sulphide Project. This agreement lays the groundwork for business and employment opportunities, emphasizing collaboration with First Nations and prioritizing their businesses in key infrastructure projects. The initiatives, scheduled from 2025 to 2029, include constructing a railway line and relocating a highway, aiming to foster economic development and support regional growth.
More about Canada Nickel Company
Canada Nickel Company Inc. operates in the mining industry, focusing on the exploration and development of nickel sulphide projects. Its primary project is the Crawford Nickel Sulphide Project, which aims to produce nickel, a key component in electric vehicle batteries and other technologies.
YTD Price Performance: -6.85%
Average Trading Volume: 19,461
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $112.9M
See more data about CNC stock on TipRanks’ Stock Analysis page.