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Power Metallic Mines Inc - PNPNF STOCK NEWS

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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) 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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Power Nickel Inc. has completed a review of its assets and announced a plan to optimize non-core assets while focusing on the development of its Nisk High Grade Nickel PGM Project. The company will transfer the Golden Ivan property to Consolidated Gold and Copper Inc. in exchange for common shares. Power Nickel plans to spin out Consolidated and distribute its shares to shareholders. The company has retained RWE Growth Partners to provide a fairness opinion and valuation. Power Nickel is also placing its 3% Royalty on the Copaquire Project for sale.
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FAQ

What is the current stock price of Power Metallic Mines (PNPNF)?

The current stock price of Power Metallic Mines (PNPNF) is $1.08 as of February 28, 2025.

What is the market cap of Power Metallic Mines (PNPNF)?

The market cap of Power Metallic Mines (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 Metallic Mines Inc

OTC:PNPNF

PNPNF Rankings

PNPNF Stock Data

156.18M
184.18M
7.6%
2.32%
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