Canada Nickel Company (TSE:CNC) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
