Class 1 Nickel and Technologies is pleased to announce that it has completed its previously announced non-brokered private placement pursuant to which it has issued an aggregate of 4,000,000 common shares of the Company at a price of Cdn$0.25 per Subject Share to raise aggregate gross proceeds of Cdn$1,000,000. Mr. David Fitch, President of the Company, has purchased all of the Subject Shares issued pursuant to the [...]
Class 1 Nickel and Technologies is pleased to announce that it proposes to complete a non-brokered private placement of up to 4,000,000 common shares of the Company at a price of Cdn$0.25 per share to raise aggregate gross proceeds of up to Cdn$1,000,000. Mr. David Fitch, President of the Company, has committed to fully fund the Private Placement, which remains subject to the receipt of all regulatory approvals.
In a release issued earlier today under the headline “Class 1 Nickel Identifies new Sulphide Nickel targets in the La Mott Ultramafic Complex, Quebec” by Class 1 Nickel and Technologies, please note that the spelling of “La Mott Ultramafic Complex” should be spelled “La Motte Ultramafic Complex” in the headline, first bullet, and first paragraph, and in the ninth paragraph, “EM systems” should be “BHEM systems”. The [...]
Class 1 Nickel and Technologiesis pleased to announce positive initial results and recommendations stemming from the 32.85 line-km ground TDEM survey that has been completed over the Somanike Nickel Sulphide Project. The company is pleased to announce that 10 new EM anomalies have been successfully identified including a grouping in the vicinity of the historical Marbridge Mine. The Somanike Nickel Project is located 25 [...]
Class 1 Nickel and Technologies announced today that Mr. Mathew Fitch has resigned as a member of the Board of Directors of the Company. The Board of Directors would like to thank Mr. Fitch for his contribution and wish him well in his future endeavours. Class 1 Nickel is a mineral resource company focused on the development of its 100% owned Alexo-Dundonald Property, a portfolio of komatiite hosted magmatic [...]
Class 1 Nickel and Technologies is pleased to provide an update of its 2021 phase 1 and phase 2 drilling programs on the Alexo-Dundonald Property. The summer 2021 program was completed by G4 Drilling of Val-d’Or, under the supervision of Terra Modelling Services of Saskatoon. Class 1 Nickel’s program consisted of 88 diamond drill holes totalling 20,607 m. Table 1 gives summary statistics for the drilling program. Summary [...]
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