tiprankstipranks
Canada Nickel Secures Preliminary Funding Commitment
Company Announcements

Canada Nickel Secures Preliminary Funding Commitment

Story Highlights

Canada Nickel Company (TSE:CNC) has released an update.

Stay Ahead of the Market:

Canada Nickel Company Inc. has taken a significant step towards funding its Crawford Nickel Sulphide Project by obtaining a Letter of Interest for long-term debt financing of up to US$500 million from Export Development Canada. The company anticipates qualifying for over US$600 million in tax credits and is working with financial advisors to secure the remaining funds, with construction expected to commence by mid-2025.

For further insights into TSE:CNC stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles