Cumberland Resources Nickel Corp. is excited to announce that the Company is positioning itself to be a significant player in the severely undersupplied graphite market, a critical component in batteries for electric vehicle and rapidly growing residential and industrial uses. Cumberland is tapping into the market demand for graphite by securing a 100% interest in the Indigo Graphite Property . The Indigo Claims provide [...]
Cumberland Resources Nickel Corp. is pleased to announce it has entered into a purchase agreement dated April 27, 2023 to acquire 100% legal and beneficial interest in the Indigo Mineral Leases from an arm's length individual . In addition, the Company is pleased to announce, it intends to complete a non-brokered private placement of for aggregate gross proceeds of up to $1,185,000 , or such greater amount as the Company [...]
Cumberland Resources Nickel is pleased to announce that it has received final approval from the Canadian Securities Exchange for listing of its common shares which are to commence trading on the CSE on Dec 29, 2022 under the symbol "LAND". Furthermore, pursuant to the terms and conditions of the Company's stock option plan, the Company's Board of Directors has approved the grant of 1,950,000 stock options. The options [...]
Cumberland Resources Nickel is pleased to announce the successful closing of its previously announced business combination pursuant to which, among other things, the Company acquired all of the outstanding shares of Cumberland Resources Corp. in exchange for common shares of Cumberland. Overview of the Transaction In connection with the Business Combination, the Company completed a three-cornered amalgamation including [...]
Jerico Explorations is pleased to announce that, further to its news release dated November 17, 2022, it has changed its name to Cumberland Resources Nickel Corp. The Company’s new CUSIP is 23078B104 and its new ISIN is CA23078B1040. Shareholders are not required to exchange existing share certificates for new share certificates bearing the Company’s new name. The Name Change does not affect the rights of the Company’s [...]
Jerico Explorations and Cumberland Resources are pleased to announce that the parties have entered into an amalgamation agreement dated Nov 15, 2022, in respect of an amalgamation transaction wherein a wholly-owned subsidiary of Jerico will amalgamate with Cumberland pursuant to the laws of British Columbia. Upon completion of the Transaction, the amalgamated entity will continue to carry on the business of Cumberland [...]