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Canada Nickel';s NetZero Metals Subsidiary Announces Formation of Advisory Board of Global Metallurgical Leaders and Management Appointment

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Canada Nickel Company (TSXV: CNC) (OTCQX: CNIKF) has announced significant developments for its subsidiary, NetZero Metals Inc. The company has formed an Advisory Board of global metallurgical leaders to support the advancement of its nickel, stainless-steel, and alloy processing facilities planned for the Timmins District. The Advisory Board includes Dr. Ulrich Albrecht Frueh, Boyd Davis, Christian Hempel, and Tony Warner, bringing extensive experience in the nickel, stainless, and alloy steel sectors.

Additionally, Canada Nickel has appointed Scott Lauschke as Vice-President Business Development for NetZero Metals. Lauschke, a metallurgical engineer with 27 years of experience in stainless and alloy steels, will play a important role in progressing the company's downstream processing projects through the Feasibility Study stage and into production.

Canada Nickel Company (TSXV: CNC) (OTCQX: CNIKF) ha annunciato sviluppi significativi per la sua filiale, NetZero Metals Inc. L'azienda ha costituito un Consiglio Consultivo di leader metallurgici globali per supportare l'avanzamento delle sue strutture di lavorazione di nichel, acciaio inossidabile e leghe previste per il Distretto di Timmins. Il Consiglio Consultivo include Dr. Ulrich Albrecht Frueh, Boyd Davis, Christian Hempel e Tony Warner, portando un'ampia esperienza nei settori del nichel, acciaio inossidabile e acciai legati.

Inoltre, Canada Nickel ha nominato Scott Lauschke come Vicepresidente dello Sviluppo Aziendale per NetZero Metals. Lauschke, ingegnere metallurgico con 27 anni di esperienza negli acciai inossidabili e legati, avrà un ruolo importante nel progressare i progetti di lavorazione a valle dell'azienda attraverso la fase di Studio di Fattibilità e verso la produzione.

Canada Nickel Company (TSXV: CNC) (OTCQX: CNIKF) ha anunciado desarrollos significativos para su subsidiaria, NetZero Metals Inc. La compañía ha formado un Consejo Asesor de líderes metalúrgicos globales para apoyar el avance de sus instalaciones de procesamiento de níquel, acero inoxidable y aleaciones planeadas para el Distrito de Timmins. El Consejo Asesor incluye a Dr. Ulrich Albrecht Frueh, Boyd Davis, Christian Hempel y Tony Warner, quienes aportan una amplia experiencia en los sectores de níquel, acero inoxidable y aceros aleados.

Adicionalmente, Canada Nickel ha designado a Scott Lauschke como Vicepresidente de Desarrollo Comercial para NetZero Metals. Lauschke, un ingeniero metalúrgico con 27 años de experiencia en aceros inoxidables y aleados, desempeñará un papel importante en el avance de los proyectos de procesamiento a nivel inferior de la compañía a través de la etapa de Estudio de Viabilidad y hacia la producción.

캐나다 니켈 컴퍼니 (TSXV: CNC) (OTCQX: CNIKF)는 자회사인 넷제로 메탈스(NETZERO METALS INC.)에 대한 중요한 발전을 발표했습니다. 회사는 팀민스 지역에 계획된 니켈, 스테인리스 스틸 및 합금 가공 시설의 발전을 지원하기 위해 글로벌 금속 공학 리더들의 자문 위원회를 구성했습니다. 자문 위원회에는 Ulrich Albrecht Frueh 박사, Boyd Davis, Christian Hempel, Tony Warner이 포함되어 있으며, 이들은 니켈, 스테인리스 및 합금 강철 분야에서 폭넓은 경험을 가지고 있습니다.

또한, 캐나다 니켈은 넷제로 메탈스의 비즈니스 개발 부사장으로 Scott Lauschke를 임명했습니다. Lauschke는 27년 경력의 금속 공학 엔지니어로, 회사의 하류 가공 프로젝트를 타당성 연구 단계를 거쳐 생산으로 진행하는 데 중요한 역할을 할 것입니다.

Canada Nickel Company (TSXV: CNC) (OTCQX: CNIKF) a annoncé des avancées significatives pour sa filiale, NetZero Metals Inc. L'entreprise a formé un Conseil Consultatif de leaders métallurgiques mondiaux pour soutenir l'avancement de ses installations de traitement du nickel, de l'acier inoxydable et des alliages prévues pour le district de Timmins. Le Conseil Consultatif comprend Dr. Ulrich Albrecht Frueh, Boyd Davis, Christian Hempel et Tony Warner, apportant une vaste expérience dans les secteurs du nickel, de l'acier inoxydable et des aciers alliés.

De plus, Canada Nickel a nommé Scott Lauschke Vice-Président du Développement Commercial pour NetZero Metals. Lauschke, ingénieur métallurgiste avec 27 ans d'expérience dans les aciers inoxydables et alliés, jouera un rôle important dans l'avancement des projets de traitement en aval de l'entreprise, depuis l'étape de l'Étude de Faisabilité jusqu'à la production.

Canada Nickel Company (TSXV: CNC) (OTCQX: CNIKF) hat bedeutende Entwicklungen für ihre Tochtergesellschaft, NetZero Metals Inc. angekündigt. Das Unternehmen hat ein Beratungsgremium globaler metallurgischer Führungspersönlichkeiten gebildet, um die Fortschritte seiner Nickel-, Edelstahl- und Legierungsverarbeitungseinrichtungen im Timmins-Distrikt zu unterstützen. Im Beratungsgremium sind Dr. Ulrich Albrecht Frueh, Boyd Davis, Christian Hempel und Tony Warner vertreten, die umfangreiche Erfahrungen in den Bereichen Nickel, Edelstahl und legierte Stähle mitbringen.

Darüber hinaus hat Canada Nickel Scott Lauschke zum Vizepräsidenten für Geschäftsentwicklung bei NetZero Metals ernannt. Lauschke, ein metallurgischer Ingenieur mit 27 Jahren Erfahrung in Edelstahl- und legierten Stählen, wird eine wichtige Rolle bei der Weiterentwicklung der nachgelagerten Verarbeitungsprojekte des Unternehmens durch die Machbarkeitsstudienphase und bis in die Produktion spielen.

Positive
  • Formation of an Advisory Board with global metallurgical leaders for NetZero Metals
  • Appointment of Scott Lauschke as Vice-President Business Development, bringing 27 years of industry experience
  • Advancement of nickel, stainless-steel, and alloy processing facilities in the Timmins District
Negative
  • None.

TORONTO, Sept. 17, 2024 /PRNewswire/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) has announced the appointment of an Advisory Board for NetZero Metals Inc. to support the advancement of its nickel, stainless-steel and alloy processing facilities that are planned for the Timmins District. The Company also announced the appointment of Scott Lauschke as Vice-President Business Development with NetZero Metals.

The Advisory Board will include Dr. Ulrich Albrecht Frueh, Boyd Davis, Christian Hempel, and Tony Warner. These industry experts bring a wealth of experience in the nickel, stainless and alloy steel sectors.

Canada Nickel Company's Chief Executive Officer, Mark Selby, said, "Today's announcement is a significant endorsement of our downstream processing initiatives. NetZero Metals has assembled an impressive advisory board with extensive metallurgical, stainless and alloy steel experience. We are thrilled to welcome Scott to the team as Vice-President of NetZero Metals. His extensive experience in the stainless and alloy steel market complements our nickel industry experience. Scott and the Advisory Board will be instrumental as we progress our downstream processing projects through the Feasibility Study stage and ultimately into production."

Biographies:
Dr. Ulrich Albrecht Frueh
has over 35 years stainless steel industry experience, during which time he held senior leadership and board positions in North America and Europe at Thyssenkrupp and Outokumpu and led the development of the latest large scale greenfield stainless steel operation in North America. Ulrich works as an international management consultant, speaker and mentor and he serves on Boards of Directors across a range of industries.

Boyd Davis has over thirty years experience in the field of new process development. Boyd is Principal at Kingston Process Metallurgy Inc. which provides process development and optimization, through contract research and development services to chemical, mining, and metallurgical industries. Kingston Process Metallurgy has played an important role in the development of Canada Nickel's IPT Carbonation and nickel processing processes.

Christian Hempel is Chief Executive Officer at Hempel Intermétaux S.A, a Swiss-based trading company in a variety of commodities with over 30 years of experience in the industry. Christian has served as president of the International Iron Metallics Association, where he successfully merged IPIA and HBIA into IIMA, which elevated the organisation to be one of the leaders in the global iron and metals industry.

Tony Warner has over 50 years of base metal pyrometallurgical industrial experience in Operations, R&D and Engineering, retiring in 2005 from Inco Ltd (now Vale) after 35 years. Since 2005, he has worked for Worley Toronto and is currently Director of Metallurgy Smelting and Refining.

Scott Lauschke has joined as Vice-President Business Development. He is a metallurgical engineer with 27 years experience in stainless and alloy steels. He has held senior leadership roles in sales and market development with steel companies including AK Steel (now Cleveland Cliffs), and Timken Steel (now Metallus), and Republic Steel. 

About Canada Nickel Company

Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless steel markets. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero NickelTM, NetZero CobaltTM, NetZero IronTM and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. For more information, please visit www.canadanickel.com.

For further information, please contact:
Mark Selby, CEO
Phone: 647-256-1954
Email: info@canadanickel.com

Cautionary Statement Concerning Forward-Looking Statements
This press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward looking information includes, but is not limited to, the construction of processing facilities, the ability of the Company to deliver nickel required to feed the high growth electric vehicle and stainless steel markets, and the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Readers should not place undue reliance on forward looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Canada Nickel to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. There are no assurances that Crawford will be placed into production. Factors that could affect the outcome include, among others: inability to repay the loan or comply with the covenants set out in the loan agreement; the actual results of development activities; project delays; inability to raise the funds necessary to complete development; general business, economic, competitive, political and social uncertainties; future prices of metals or project costs could differ substantially and make any commercialization uneconomic; availability of alternative nickel sources or substitutes; actual nickel recovery; conclusions of economic evaluations; changes in applicable laws; changes in project parameters as plans continue to be refined; accidents, labour disputes, the availability and productivity of skilled labour and other risks of the mining industry; political instability, terrorism, insurrection or war; delays in obtaining governmental approvals, necessary permitting or in the completion of development or construction activities; mineral resource estimates relating to Crawford could prove to be inaccurate for any reason whatsoever; additional but currently unforeseen work may be required to advance to the feasibility stage; and even if Crawford goes into production, there is no assurance that operations will be profitable. Although Canada Nickel has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this news release and Canada Nickel disclaims any obligation to update any forward looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/canada-nickels-netzero-metals-subsidiary-announces-formation-of-advisory-board-of-global-metallurgical-leaders-and-management-appointment-302249609.html

SOURCE Canada Nickel Company Inc.

FAQ

Who are the members of Canada Nickel's new NetZero Metals Advisory Board?

The Advisory Board for NetZero Metals includes Dr. Ulrich Albrecht Frueh, Boyd Davis, Christian Hempel, and Tony Warner, all of whom are experts in the nickel, stainless, and alloy steel sectors.

What is the role of Scott Lauschke in Canada Nickel's NetZero Metals subsidiary?

Scott Lauschke has been appointed as Vice-President Business Development for NetZero Metals. He will be instrumental in progressing the company's downstream processing projects through the Feasibility Study stage and into production.

What are Canada Nickel's (CNIKF) plans for the Timmins District?

Canada Nickel plans to advance nickel, stainless-steel, and alloy processing facilities in the Timmins District through its NetZero Metals subsidiary.

How does the new Advisory Board benefit Canada Nickel's (CNIKF) downstream processing initiatives?

The Advisory Board brings extensive metallurgical, stainless, and alloy steel experience, which will support the advancement of Canada Nickel's downstream processing initiatives, particularly in the Timmins District.

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