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Canada Nickel Company Announces Board Appointment

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Canada Nickel Company Inc. (TSX-V:CNC) (OTCQB: CNIKF) has announced the appointment of Julian Ovens to its Board of Directors, effective October 21, 2024. Mr. Ovens brings extensive senior management experience from Rio Tinto and BHP, as well as senior roles in the Canadian government and successful government relations and public affairs advisory.

Simultaneously, Mike Cox has retired as a director but will continue to support the company by leading Canada Nickel's wholly owned downstream subsidiary, NetZero Metals Inc. The company's Chair, David Smith, expressed confidence that Mr. Ovens' expertise will be invaluable as they advance the Crawford Nickel Sulphide Project towards a construction decision in 2025.

Mr. Ovens' background includes roles as Partner at Crestview Strategy, Director of the Canadian Commercial , and Chief of Staff to multiple Canadian Ministers of International Trade and Foreign Affairs. He also has extensive experience in the natural resources sector, having worked in strategy and development roles at BHP and in corporate Mergers & Acquisitions at Rio Tinto Alcan.

Canada Nickel Company Inc. (TSX-V:CNC) (OTCQB: CNIKF) ha annunciato la nomina di Julian Ovens nel suo Consiglio di Amministrazione, a partire dal 21 ottobre 2024. Il signor Ovens porta con sé una vasta esperienza nella gestione senior proveniente da Rio Tinto e BHP, nonché ruoli di alto livello nel governo canadese e consulenze di successo in relazioni governative e affari pubblici.

Allo stesso tempo, Mike Cox si è ritirato da direttore, ma continuerà a supportare l'azienda guidando la sussidiaria completamente controllata da Canada Nickel, NetZero Metals Inc. Il Presidente dell'azienda, David Smith, ha espresso fiducia nel fatto che l'expertise del signor Ovens sarà fondamentale mentre avanzano il Progetto di Nichel Crawford verso una decisione di costruzione nel 2025.

Il background del signor Ovens include ruoli come Partner presso Crestview Strategy, Direttore della Commerciale Canadese e Capo di Gabinetto per vari Ministri canadesi del Commercio Internazionale e degli Affari Esteri. Ha anche una vasta esperienza nel settore delle risorse naturali, avendo lavorato in ruoli di strategia e sviluppo presso BHP e in fusioni e acquisizioni aziendali presso Rio Tinto Alcan.

Canada Nickel Company Inc. (TSX-V:CNC) (OTCQB: CNIKF) ha anunciado el nombramiento de Julian Ovens a su Junta Directiva, efectivo a partir del 21 de octubre de 2024. El Sr. Ovens aporta una amplia experiencia en la alta gestión de Rio Tinto y BHP, así como en cargos importantes en el gobierno canadiense y exitosa asesoría en relaciones gubernamentales y asuntos públicos.

Simultáneamente, Mike Cox se ha retirado como director, pero continuará apoyando a la empresa liderando la subsidiaria de propiedad total de Canada Nickel, NetZero Metals Inc. El presidente de la empresa, David Smith, expresó su confianza en que la experiencia del Sr. Ovens será invaluable a medida que avancen en el Proyecto de Sulfuro de Níquel Crawford hacia una decisión de construcción en 2025.

El historial del Sr. Ovens incluye roles como socio en Crestview Strategy, director de la Comercial Canadiense y jefe de gabinete de varios ministros canadienses de Comercio Internacional y Relaciones Exteriores. También tiene una amplia experiencia en el sector de recursos naturales, habiendo trabajado en roles de estrategia y desarrollo en BHP y en fusiones y adquisiciones corporativas en Rio Tinto Alcan.

캐나다 니켈 컴퍼니 Inc. (TSX-V:CNC) (OTCQB: CNIKF)는 Julian Ovens를 이사회에 임명했다고 발표했습니다. 임기는 2024년 10월 21일부터 시작됩니다. Ovens 씨는 리오 틴토와 BHP에서의 광범위한 고위 경영 경험을 보유하고 있으며, 캐나다 정부의 고위직 및 성공적인 정부 관계 및 공공 정세 자문 경험을 가지고 있습니다.

동시에, Mike Cox는 이사직에서 은퇴했지만 카나다 니켈의 완전 소유 자회사인 넷제로 메탈스 Inc.를 이끌며 회사를 지원할 것입니다. 회사의 의장인 David Smith는 Ovens 씨의 전문성이 2025년 건설 결정으로 나아가는 Crawford Nickel Sulphide Project에 있어 매우 귀중할 것이라고 확신했습니다.

Ovens 씨의 배경에는 Crestview Strategy의 파트너, 캐나다 상업 이사 및 여러 캐나다 국제 무역 및 외교부 장관의 비서실장으로서의 역할이 포함됩니다. 그는 또한 BHP에서의 전략 및 개발 직무와 리오 틴토 알칸의 기업 인수합병 부문에서의 광범위한 경험을 가지고 있습니다.

La Canada Nickel Company Inc. (TSX-V:CNC) (OTCQB: CNIKF) a annoncé la nomination de Julian Ovens au sein de son Conseil d'Administration, à compter du 21 octobre 2024. M. Ovens a une vaste expérience en gestion senior acquise chez Rio Tinto et BHP, ainsi que dans des postes de haut niveau au sein du gouvernement canadien et en tant que consultant en relations gouvernementales et affaires publiques.

Parallèlement, Mike Cox a pris sa retraite en tant que directeur, mais continuera à soutenir l'entreprise en dirigeant la filiale à part entière de Canada Nickel, NetZero Metals Inc. Le président de l'entreprise, David Smith, a exprimé sa confiance que l'expertise de M. Ovens sera précieuse alors qu'ils avancent le Projet de Sulfure de Nickel Crawford vers une décision de construction en 2025.

Le parcours de M. Ovens inclut des rôles en tant que partenaire chez Crestview Strategy, directeur de la Chambre de commerce canadienne et chef de cabinet de plusieurs ministres canadiens du Commerce international et des Affaires étrangères. Il possède également une vaste expérience dans le secteur des ressources naturelles, ayant travaillé dans des rôles de stratégie et de développement chez BHP et en fusions et acquisitions chez Rio Tinto Alcan.

Die Canada Nickel Company Inc. (TSX-V:CNC) (OTCQB: CNIKF) hat die Ernennung von Julian Ovens in ihren Vorstand bekannt gegeben, die am 21. Oktober 2024 in Kraft tritt. Herr Ovens bringt umfassende Erfahrungen im Senior Management von Rio Tinto und BHP mit sowie wichtige Rollen in der kanadischen Regierung und erfolgreiche Beratungen im Bereich Regierungsbeziehungen und öffentliche Angelegenheiten.

Gleichzeitig hat Mike Cox als Direktor seinen Rücktritt erklärt, wird jedoch das Unternehmen weiterhin unterstützen, indem er die hundertprozentige Tochtergesellschaft von Canada Nickel, NetZero Metals Inc., leitet. Der Vorsitzende des Unternehmens, David Smith, äußerte sein Vertrauen, dass die Expertise von Herrn Ovens von unschätzbarem Wert sein wird, während sie das Crawford Nickel Sulphide Project auf eine Bauentscheidung im Jahr 2025 zubewegen.

Der Hintergrund von Herrn Ovens umfasst Rollen als Partner bei Crestview Strategy, Direktor bei der kanadischen Handelskammer und Stabschef mehrerer kanadischer Minister für internationalen Handel und auswärtige Angelegenheiten. Er verfügt außerdem über umfangreiche Erfahrungen im Bereich natürliche Ressourcen, da er in Strategie- und Entwicklungsrollen bei BHP sowie in Unternehmensfusionen und -übernahmen bei Rio Tinto Alcan tätig war.

Positive
  • Appointment of Julian Ovens to the Board of Directors, bringing valuable experience in senior management, government relations, and public affairs
  • Continued involvement of Mike Cox in leading the NetZero Metals subsidiary
  • Progress towards a construction decision for the Crawford Nickel Sulphide Project in 2025
Negative
  • None.

TORONTO, Oct. 21, 2024 /PRNewswire/ - Canada Nickel Company Inc. ("Canada Nickel" or "The Company") (TSX-V:CNC) (OTCQB: CNIKF) announces appointment of Mr. Julian Ovens to its Board of Directors effective October 21, 2024. Mr. Mike Cox has retired as a director but continues to support the Company's continued development in leading Canada Nickel's wholly owned downstream subsidiary, NetZero Metals Inc.

David Smith, Chair of Canada Nickel, said, "We are very glad to have Julian join our Board of Directors. His extensive senior management experience with both Rio Tinto and BHP, senior roles with the Canadian government, and successful government relations and public affairs advisory, will be invaluable to the company as we advance our Crawford Nickel Sulphide Project towards a construction decision in 2025.  I would also like to thank Mike Cox for his contributions as one of the founding directors of the Company and I look forward to his continued contributions from his leadership of our wholly-owned Net Zero Metals subsidiary." 

Mr Julian Ovens
Independent, Non-executive Director

Julian Ovens is a Partner and owner at Crestview Strategy, a full-service government relations and public affairs agency, and a Director of the Canadian Commercial Corporation (CCC), which assists Canadian exporters secure international contracts, particularly with foreign governments. Until the end of 2019, Julian was Chief of Staff to the Honourable Jim Carr, Minister of International Trade of Canada. He held the same role previously for the Honourable François-Philippe Champagne. His appointment dates from November 2015, shortly after the Trudeau government was first sworn in, when he served as Chief of Staff to the Honourable Stéphane Dion, Minister of Foreign Affairs, until January 2017. In 2018 the Hill Times named Julian among the Top 40 Influencing Canadian Foreign Policy Minds.

He previously worked at BHP, one of the largest natural resources company, most recently as Head of Strategy & Development, Potash (previously Diamonds & Specialty Products), in Saskatoon. Before that, he was Project Director, Iron Ore Africa, Minerals Exploration based in Singapore, where he led commercial efforts for development projects in West / Central Africa, and was engaged in Mergers & Acquisitions work globally for BHP Billiton Aluminium in London.

Julian also worked in corporate Mergers & Acquisitions at (Rio Tinto) Alcan in Montreal and Paris, where he led or contributed to buy, sell-side and spin-off international transactions in locations such as the US, Canada, France, Switzerland, Australia, Slovenia, Thailand, Gabon, Cameroon, Congo, South Africa and the Central African Republic (CAR/RCA/ Centrafrique). He began his finance career in investment banking in Global Metals & Mining at Credit Suisse First Boston (now UBS) in Toronto, where he worked on advisory and financing assignments.

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 is necessarily based upon several assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Factors that could affect the outcome include, among others: future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities (known and unknown), general business, economic, competitive, political and social uncertainties, results of exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to obtain regulatory or shareholder approvals. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information. 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

Who is the new Board member appointed by Canada Nickel Company (CNIKF) on October 21, 2024?

Julian Ovens was appointed to Canada Nickel Company's Board of Directors on October 21, 2024.

What is Julian Ovens' background and how does it benefit Canada Nickel Company (CNIKF)?

Julian Ovens has senior management experience with Rio Tinto and BHP, held senior roles in the Canadian government, and has expertise in government relations and public affairs. This experience is expected to be valuable as the company advances its Crawford Nickel Sulphide Project.

When is Canada Nickel Company (CNIKF) aiming for a construction decision on the Crawford Nickel Sulphide Project?

Canada Nickel Company is aiming for a construction decision on the Crawford Nickel Sulphide Project in 2025.

What role will Mike Cox continue to play in Canada Nickel Company (CNIKF) after retiring as a director?

After retiring as a director, Mike Cox will continue to support Canada Nickel Company by leading its wholly owned downstream subsidiary, NetZero Metals Inc.

CANADA NICKEL CO INC

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