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POWER NICKEL INC (PNPNF) is a Canadian junior exploration company with a focus on developing the Nisk project into Canada's first Carbon Neutral Nickel mine. The flagship nickel project NISK, situated in Quebec, Canada, is strategically positioned to supply high-grade nickel to the growing North American market for lithium-ion batteries. The company continues to expand its Near Surface High-Grade Copper, Platinum, Palladium, Gold, and Silver Zone near its main Nisk Deposit, showcasing impressive assay results and promising mineral discoveries. Power Nickel is also actively engaged in offsetting its carbon footprint associated with drilling activities through partnerships with environmental organizations like Karbon-X. With a dedication to environmental stewardship and sustainability, Power Nickel is paving the way for responsible mining practices in the industry.
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Power Nickel Inc. (PNPN) is utilizing Fleet Space Technologies' ExoSphere technology to transform nickel exploration, with the successful application of Ambient Noise Tomography (ANT) to generate actionable data in near real-time for identifying nickel targets. This technology has the potential to enhance drilling accuracy and reduce land disturbance, as demonstrated in the successful exploration of the Nisk project in Namaska Quebec.
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Power Nickel Inc. (PNPN) successfully closed a flow-through financing of $2.75 million CAD at $0.90 per share, with investors secured by Wealth Creation Preservation & Donation Inc. The company also announced a shareholder acquisition by CVMR Inc. and its ongoing studies on the Nisk Nickel Sulfide PGM project in Quebec. Power Nickel's inaugural NI 43-101 mineral resources estimate displayed more than 5.4 million tonnes of Indicated mineral resources and 1.8 million tonnes of Inferred mineral resources.
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Power Nickel Inc. (PNPN) releases its initial NI 43-101 Mineral Resource Estimate on the 'NISK' Nickel Sulphide project near Nemaska, James Bay, Québec. The company reports 5.43M tonnes of indicated resources at a weighted average grade of 1.05 % NiEq and 1.79M tonnes of Inferred resources at a grade of 1.35 % NiEq. The Technical Report will be filed on SEDAR within 45 calendar days.
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Power Nickel Inc. (PNPN) is filing an official complaint due to significant and persistent position imbalances for its stock, indicating potential naked short selling and manipulative actions. The CEO, Terry Lynch, highlights the severe depression of the TSXV and Canadian exchanges, with over 9 million excess shares of Power Nickel being traded beyond what was likely delivered. The company aims to bring attention to non-market factors affecting its stock performance.
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Power Nickel Inc. (TSXV: PNPN) (OTCQB: PNPNF) (Frankfurt: IVV) announces the continuation of its agreement with CVMR Corporation for advanced bench scale, piloting, and engineering studies on the Nisk Nickel Sulfide Project. The company arranged an initial investment of $2.75 million from Quebec-based investors and plans to use the gross proceeds for exploration activities. CVMR will acquire shares from the front-end purchasers. The Private Placement is subject to TSX Venture Exchange approval. The company expects to close the deal by the end of November.
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Power Nickel Inc. (PNPN) announces the closing of a private placement, issuing 2,820,000 Units for gross proceeds of $705,000. The company also released the assay results for the step-out hole testing the Nisk Main Deposit, showing promising findings. The CEO and VP Exploration commented on the positive results, and the company is looking forward to further exploration in the area.
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Power Nickel Inc. has closed the first tranche of its private placement for 4,000,000 flow-through units, raising CAD $2,000,000. The investment was led by Rob McEwen and the Lynch family. The funds will be used for drilling and to report the company's inaugural NI-43-101 mineral resource on the NISK property in November.
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Power Nickel Inc. begins fall drilling program, testing deep target hole PN-23-036. Anticipated to hit massive sulfide body at a depth of 390m. Second drill planned for Wildcat area. Drill hole 23-031A intersected significant mineralization.
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Power Nickel Inc. (PNPN) Announces Proposed Private Placement of Flow-Through Shares for Exploration Activities
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FAQ
What is the current stock price of POWER NICKEL (PNPNF)?
The current stock price of POWER NICKEL (PNPNF) is $0.86245 as of January 29, 2025.
What is the market cap of POWER NICKEL (PNPNF)?
The market cap of POWER NICKEL (PNPNF) is approximately 156.2M.
What is the primary focus of Power Nickel Inc.?
Power Nickel is dedicated to developing the Nisk project into Canada's first Carbon Neutral Nickel mine, with a focus on supplying high-grade nickel for the North American lithium-ion battery market.
Where is the flagship nickel project NISK located?
The flagship nickel project NISK is situated in Quebec, Canada, well-placed to cater to the growing demand for high-grade nickel in the region.
What recent achievements has Power Nickel Inc. accomplished?
Power Nickel has expanded its Near Surface High-Grade Copper, Platinum, Palladium, Gold, and Silver Zone near the main Nisk Deposit, showcasing impressive assay results and promising mineral discoveries.
How is Power Nickel Inc. offsetting its carbon footprint?
Power Nickel is actively engaged in partnerships with environmental organizations like Karbon-X to offset the carbon footprint associated with its drilling activities, demonstrating a commitment to environmental stewardship and sustainability.
What sets Power Nickel Inc. apart in the mining industry?
Power Nickel's dedication to responsible mining practices, environmental excellence, and sustainable operations sets it apart in the industry, paving the way for a new standard of environmentally conscious mining.
POWER NICKEL INC
OTC:PNPNF
PNPNF Rankings
PNPNF Stock Data
156.18M
181.32M
7.6%
2.32%
Other Industrial Metals & Mining
Basic Materials
United States of America
Toronto