Welcome to our dedicated page for NORTHX NICKEL news (Ticker: RCHRD), a resource for investors and traders seeking the latest updates and insights on NORTHX NICKEL stock.
NorthX Nickel Corp. is a Canadian exploration and development company focused on Ni-Cu-Co-PGE projects in Quebec and Ontario, Canada. The company recently completed a consolidation of its common shares and warrants and changed its name to NorthX Nickel Corp. The flagship asset is the Grasset Project in the Abitibi Greenstone Belt. With a strong emphasis on responsible and ethical exploration and development, NorthX aims to be a leading nickel sulphide developer in stable mining jurisdictions.
NorthX Nickel Corp. (CSE: NIX, OTCQB: RCHRD, FSE: 6YR0) announced the closing of a non-brokered private placement of 9,479,166 units at $0.24 per unit, raising $2,275,000. Each unit includes one common share and one warrant, with the warrant exercisable at $0.36 until May 14, 2027. Mason Resources Inc. acquired 4,166,667 units, representing a 14.6% stake. Additionally, Wallbridge Mining acquired 1,487,500 units for $357,000. The funds will be used for reclamation work and general corporate purposes. New board members include Simon Marcotte and Adree DeLazzer, following the resignation of Chair David Cobbold. Simon Marcotte will serve as Executive Chair. Insider participation in the offering totaled 541,665 units.
NorthX Nickel Corp. completes a share consolidation and name change, consolidating common shares and outstanding warrants. The company changed its name from 'Archer Exploration Corp.' to 'NorthX Nickel Corp.' and started trading under the symbol 'NIX' on the Canadian Securities Exchange. Prior to the consolidation, the company had 113,889,587 common shares, 35,293,720 existing warrants, and other outstanding units. Following the consolidation, the company has 18,981,483 common shares and reduced numbers of other units issued and outstanding.
FAQ
What is the current stock price of NORTHX NICKEL (RCHRD)?
What is the market cap of NORTHX NICKEL (RCHRD)?
What does NorthX Nickel Corp. focus on?
What is NorthX Nickel Corp.'s flagship asset?
What recent changes has NorthX Nickel Corp. undergone?
What are NorthX Nickel Corp.'s growth strategies?
How can I contact NorthX Nickel Corp. for more information?
Who reviews the scientific and technical information for NorthX Nickel Corp.?
What is the vision of NorthX Nickel Corp.?
Where can I find the Company's technical report for the Grasset Property?
What are some of the risks associated with NorthX Nickel Corp.'s operations?