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Canada Nickel Begins Submission of Federal Impact Statement for Crawford Nickel Sulphide Project

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Canada Nickel Company Inc. (TSXV: CNC) (OTCQX: CNIKF) has initiated the submission of the federal Impact Statement for its Crawford Nickel Sulphide Project. The submission, expected to be completed within six weeks, includes critical baseline data and analysis of environmental, social, and economic effects of the project. It reflects the company's commitment to responsible mining and outlines mitigation measures for potential negative impacts.

The Impact Statement is the result of extensive consultations with Indigenous Nations, local communities, government agencies, and key stakeholders. CEO Mark Selby highlighted this as a major milestone, bringing the company closer to securing permits targeted for 2025. The project aims to drive regional economic growth and produce critical minerals to meet rising global demand, positioning Canada Nickel as a key player in the transition to a low-carbon economy.

Canada Nickel Company Inc. (TSXV: CNC) (OTCQX: CNIKF) ha avviato la presentazione della Dichiarazione di Impatto federale per il suo Progetto di Nichel da Solfuro Crawford. La presentazione, prevista per essere completata entro sei settimane, include dati e analisi di base critici sugli effetti ambientali, sociali ed economici del progetto. Questa iniziativa riflette l'impegno dell'azienda verso un'estrazione responsabile e delinea misure di mitigazione per i potenziali impatti negativi.

La Dichiarazione di Impatto è il risultato di ampie consultazioni con le Nazioni Indigene, le comunità locali, le agenzie governative e i principali stakeholders. Il CEO Mark Selby ha sottolineato questo come un traguardo importante, che avvicina l'azienda al raggiungimento dei permessi previsti per il 2025. Il progetto mira a stimolare la crescita economica regionale e produrre minerali critici per soddisfare la crescente domanda globale, posizionando Canada Nickel come un attore chiave nella transizione verso un'economia a basse emissioni di carbonio.

Canada Nickel Company Inc. (TSXV: CNC) (OTCQX: CNIKF) ha iniciado la presentación de la Declaración de Impacto federal para su Proyecto de Niquel Sulfuro Crawford. Se espera que la presentación se complete en seis semanas e incluye datos críticos de referencia y análisis de los efectos ambientales, sociales y económicos del proyecto. Esto refleja el compromiso de la empresa con la minería responsable y detalla las medidas de mitigación para los posibles impactos negativos.

La Declaración de Impacto es el resultado de extensas consultas con Naciones Indígenas, comunidades locales, agencias gubernamentales y partes interesadas clave. El CEO Mark Selby destacó esto como un hito importante, acercando a la empresa a la obtención de permisos previstos para 2025. El proyecto tiene como objetivo impulsar el crecimiento económico regional y producir minerales críticos para satisfacer la creciente demanda global, posicionando a Canada Nickel como un jugador clave en la transición hacia una economía baja en carbono.

캐나다 니켈 컴퍼니 Inc. (TSXV: CNC) (OTCQX: CNIKF)는 연방 영향 보고서 제출을 시작했습니다 이는 크로포드 니켈 황화물 프로젝트에 대한 것입니다. 이 제출은 6주 이내에 완료될 것으로 예상되며, 프로젝트의 환경적, 사회적 및 경제적 영향에 대한 중요한 기초 데이터와 분석을 포함합니다. 이는 책임감 있는 채굴에 대한 회사의 약속을 반영하며, 잠재적인 부정적 영향에 대한 완화 조치를 설명합니다.

영향 보고서는 원주민 국가, 지역 사회, 정부 기관 및 주요 이해 관계자들과의 광범위한 협의의 결과입니다. CEO인 마크 셀비는 이것을 주요 이정표로 강조하며, 2025년 목표로 하는 허가 확보에 가까워지고 있다고 언급했습니다. 이 프로젝트는 지역 경제 성장을 촉진하고 증가하는 글로벌 수요를 충족하기 위한 중요한 광물을 생산하는 것을 목표로 하며, 캐나다 니켈을 저탄소 경제로의 전환에서 핵심적인 플레이어로 자리매김하도록 합니다.

La Canada Nickel Company Inc. (TSXV: CNC) (OTCQX: CNIKF) a initié la soumission de la Déclaration d'Impact fédérale pour son Projet de Nickel Sulfure de Crawford. La soumission, qui devrait être complétée dans six semaines, comprend des données de référence critiques et une analyse des effets environnementaux, sociaux et économiques du projet. Cela reflète l'engagement de l'entreprise en matière d'exploitation minière responsable et décrit les mesures d'atténuation des impacts négatifs potentiels.

La Déclaration d'Impact est le résultat de consultations approfondies avec les Nations Autochtones, les communautés locales, les agences gouvernementales et les parties prenantes clés. Le PDG Mark Selby a souligné cela comme une étape importante, rapprochant l'entreprise de l'obtention des permis prévus pour 2025. Le projet vise à stimuler la croissance économique régionale et produire des minéraux critiques pour répondre à la demande mondiale croissante, positionnant Canada Nickel comme un acteur clé dans la transition vers une économie à faibles émissions de carbone.

Die Canada Nickel Company Inc. (TSXV: CNC) (OTCQX: CNIKF) hat die Einreichung der bundesstaatlichen Umweltverträglichkeitsprüfung eingeleitet für ihr Crawford Nickel Sulfide Projekt. Die Einreichung, die voraussichtlich innerhalb von sechs Wochen abgeschlossen sein wird, umfasst wichtige Basisdaten und Analysen der Umwelt-, Sozial- und Wirtschaftsauswirkungen des Projekts. Dies spiegelt das Engagement des Unternehmens für verantwortungsvolles Mining wider und legt Maßnahmen zur Minderung potenzieller negativer Auswirkungen dar.

Die Umweltverträglichkeitsprüfung resultiert aus umfassenden Konsultationen mit indigenen Völkern, lokalen Gemeinschaften, Regierungsbehörden und wichtigen Interessengruppen. CEO Mark Selby betonte dies als einen wichtigen Meilenstein, der das Unternehmen näher an die angestrebten Genehmigungen für 2025 bringt. Das Projekt zielt darauf ab, das regionale Wirtschaftswachstum voranzutreiben und kritische Mineralien zu produzieren, um der steigenden globalen Nachfrage gerecht zu werden und Canada Nickel als wichtigen Akteur im Übergang zu einer kohlenstoffarmen Wirtschaft zu positionieren.

Positive
  • Initiated submission of federal Impact Statement for Crawford Nickel Sulphide Project
  • On track to secure permits by 2025
  • Strong partnerships built with Indigenous Nations and community stakeholders
  • Project positioned to drive regional economic growth
  • Potential to play key role in global transition to low carbon economy
Negative
  • None.

TORONTO, Oct. 2, 2024 /PRNewswire/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) has begun the submission of the federal Impact Statement (the "Submission") for the Crawford Nickel Sulphide Project ("the Project") and expects to complete this submission within the next six weeks.

The federal Impact Statement includes critical baseline data and analysis of the environmental, social, and economic effects of the Project. It reflects Canada Nickel's commitment to responsible mining practices and outlines mitigation measures to address potential negative impacts, therefore enhancing the Project's benefits. The findings within the Submission are a result of extensive consultations with Indigenous Nations, local communities, government agencies, subject matter experts, and key stakeholders.

"The submission of our federal Impact Statement for the Project represents another major milestone for the Company and brings us one step closer to securing our permits, which we are targeting in 2025," said Mark Selby, CEO of Canada Nickel. "We're grateful for the strong partnerships we've built with Indigenous Nations and community stakeholders, whose contributions have been essential in shaping the Submission. Their input and advice helped ensure the Project aligns with our shared values of sustainability and regional economic growth."

The Submission highlights the Company's commitment to responsible development and aligns with its public timeline commitments. "As the Crawford Nickel Sulphide Project continues to make progress, it is well-positioned to drive regional economic growth and produce critical minerals as global demand continues to rise, with Canada Nickel playing a key role in the global transition to a low carbon economy." added Selby.

For more details on the progress of the Crawford Nickel Sulphide Project, please visit www.canadanickel.com

For Further Information, Please Contact:
Mark Selby, CEO
Phone: 647-256-1954
Email: info@canadanickel.com

Sydney Oakes, Director of Indigenous Relations and Public Affairs
Phone: 905-929-7151
Email: sydneyoakes@canadanickel.com

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.

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, statements regarding: the Submission, including the expected timeline of completion and the findings within and the results thereof; the enhancement of the benefits of the Project; the ability and timing to secure permits, including federal and provincial permits; the responsible development of the Project; the potential for the Project to drive regional economic growth and produce critical minerals; the global demand for critical minerals; the global transition to a low carbon economy; the advancement by the Company of the next generation of nickel-sulphide projects 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 indebtedness or comply with the covenants set out in the Company's loan agreements; 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.

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SOURCE Canada Nickel Company Inc.

FAQ

When does Canada Nickel (CNIKF) expect to complete the submission of the federal Impact Statement for the Crawford Nickel Sulphide Project?

Canada Nickel expects to complete the submission of the federal Impact Statement for the Crawford Nickel Sulphide Project within the next six weeks from October 2, 2024.

What does the federal Impact Statement for Canada Nickel's (CNIKF) Crawford project include?

The federal Impact Statement includes critical baseline data and analysis of the environmental, social, and economic effects of the Crawford Nickel Sulphide Project, as well as mitigation measures to address potential negative impacts.

When is Canada Nickel (CNIKF) targeting to secure permits for the Crawford Nickel Sulphide Project?

Canada Nickel is targeting to secure permits for the Crawford Nickel Sulphide Project in 2025.

How does the Crawford Nickel Sulphide Project align with Canada Nickel's (CNIKF) sustainability goals?

The project aligns with Canada Nickel's commitment to responsible development and sustainability, aiming to produce critical minerals for the global transition to a low carbon economy while focusing on regional economic growth.

CANADA NICKEL CO INC

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