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Quebec Nickel Announces Return of Claims

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Quebec Nickel Corp (CSE: QNI) has announced it will return 237 contiguous mining claims to Val-D'Or Mining These claims, which are part of the Ducros Property in Quebec's Val D'Or area, are being returned as they fall outside the company's core exploration focus area. Additionally, the company has granted 525,000 incentive stock options to an officer, directors, and consultants, with an exercise price of $0.225 per share and an expiry date of November 27, 2026.

Quebec Nickel Corp (CSE: QNI) ha annunciato il ritorno di 237 permessi minerari contigui a Val-D'Or Mining. Questi permessi, che fanno parte della Proprietà Ducros nell'area di Val D'Or in Quebec, vengono restituiti poiché non rientrano nell'area di esplorazione principale dell'azienda. Inoltre, la società ha concesso 525.000 opzioni su azioni di incentivo a un funzionario, a direttori e consulenti, con un prezzo di esercizio di $0,225 per azione e una data di scadenza del 27 novembre 2026.

Quebec Nickel Corp (CSE: QNI) ha anunciado que devolverá 237 concesiones mineras contiguas a Val-D'Or Mining. Estas concesiones, que son parte de la Propiedad Ducros en el área de Val D'Or en Quebec, se devuelven ya que se encuentran fuera del área de enfoque de exploración principal de la empresa. Además, la compañía ha otorgado 525,000 opciones de acciones de incentivo a un funcionario, directores y consultores, con un precio de ejercicio de $0.225 por acción y una fecha de vencimiento del 27 de noviembre de 2026.

퀘벡 니켈 코퍼레이션 (CSE: QNI)는 237개의 인접한 광산 탐사권을 발돌르 광업사에 반환할 것이라고 발표했습니다. 이 탐사권은 퀘벡 발돌르 지역의 듀크로스 소유지의 일부로, 회사의 주요 탐사 초점 지역에 포함되지 않기 때문에 반환됩니다. 또한, 회사는 한 임원, 이사 및 컨설턴트에게 525,000개의 인센티브 스톡 옵션을 부여하였으며, 주당 행사 가격은 $0.225이고 만료일은 2026년 11월 27일입니다.

Quebec Nickel Corp (CSE: QNI) a annoncé qu'elle retournera 237 claims miniers contigus à Val-D'Or Mining. Ces claims, qui font partie de la propriété Ducros dans la région de Val D'Or au Québec, sont retournés car ils ne font pas partie de la zone d'exploration principale de l’entreprise. De plus, la société a accordé 525 000 options d'actions incitatives à un cadre, aux administrateurs et aux consultants, avec un prix d'exercice de 0,225 $ par action et une date d'échéance du 27 novembre 2026.

Quebec Nickel Corp (CSE: QNI) hat angekündigt, dass 237 zusammenhängende Bergbaurechte an Val-D'Or Mining zurückgegeben werden. Diese Rechte, die Teil des Ducros-Gebiets im Val D'Or-Gebiet von Quebec sind, werden zurückgegeben, da sie nicht im Kern-Erforschungsbereich des Unternehmens liegen. Darüber hinaus hat das Unternehmen 525.000 Anreizaktienoptionen an einen Beamten, Direktoren und Berater gewährt, mit einem Ausübungspreis von $0,225 pro Aktie und einem Ablaufdatum vom 27. November 2026.

Positive
  • None.
Negative
  • Return of 237 mining claims reducing company's exploration territory
  • Potential dilution through 525,000 new stock options granted at $0.225 per share

Vancouver, British Columbia--(Newsfile Corp. - November 27, 2024) - Québec Nickel Corp. (CSE: QNI) (FSE: 7lB) (OTCQB: QNICF) ("QNI" or the "Company") announces that the Company provided notice to Val-D'Or Mining Corporation ("Val-D'Or") that it will be returning an aggregate of 237 contiguous mining claims. The Company has determined that these claims are not within the core area on which future exploration activities will be concentrated. These claims, in good standing, were part of the Ducros Property, located in the Val D'Or area of Quebec, Canada.

Additionally, the Company has granted an aggregate of 525,000 incentive stock options eligible to an officer, certain directors, and consultants to purchase up to 525,000 common shares in Québec Nickel Corp. The stock options have an exercise price of $0.225 per share there is no vesting period and an expiry date of November 27, 2026 or a period of two years.

About Québec Nickel Corp.

Québec Nickel Corp. is a mineral exploration company focused on acquiring, exploring, and developing critical metals (Ni-Cu-Co-PGE) projects in Québec, Canada. Additional information about Québec Nickel Corp. is available at www.quebecnickel.com.

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

On behalf of the Board of Directors

David Patterson
Chief Executive Officer and Director
1 (855) 764-2535 (QNICKEL)
info@quebecnickel.com

CAUTIONARY AND FORWARD-LOOKING STATEMENTS

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this news release, other than statements of historical facts that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements. Factors that could cause the results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market, or business conditions. Investors are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates, opinions, or other factors should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/231698

FAQ

How many mining claims is Quebec Nickel Corp (QNICF) returning to Val-D'Or Mining?

Quebec Nickel Corp is returning 237 contiguous mining claims to Val-D'Or Mining

What is the exercise price and expiry date of Quebec Nickel Corp's (QNICF) new stock options?

The stock options have an exercise price of $0.225 per share and expire on November 27, 2026.

Where are the mining claims that Quebec Nickel Corp (QNICF) is returning located?

The mining claims are part of the Ducros Property, located in the Val D'Or area of Quebec, Canada.

QUEBEC NICKEL CORP

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