Flying Nickel Agrees to Sell Minago Project

Flying Nickel Mining Corp. (TSE:FLYN) has released an update.

Flying Nickel Mining Corp. has announced a binding letter of intent to sell its Minago Nickel project to Norway House Cree Nation in exchange for cash and a surrender of shares. The deal includes two payment options and is supported by major shareholders who have also agreed to back Flying Nickel’s upcoming merger with Nevada Vanadium Mining Corp. Additionally, an agreement to waive the proxy voting deadline has been reached to facilitate shareholder participation.

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