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Nickelex Resource Corporation - VRSCF STOCK NEWS

Welcome to our dedicated page for Nickelex Resource Corporation news (Ticker: VRSCF), a resource for investors and traders seeking the latest updates and insights on Nickelex Resource Corporation stock.

Nickelex Resource Corporation (TSXV: NICK), formerly known as Valterra Resource Corporation, is a Canadian mineral exploration company focused on nickel resources. With a strategic location in the Thompson Nickel Belt in Manitoba, Nickelex aims to acquire and develop a significant portfolio of nickel properties to support the growing demand in the EV battery sector. The company recently signed a definitive agreement with CanAlaska Uranium Ltd. to earn up to an 80% interest in four mineral exploration licenses in the TNB, covering an area of 30,283 hectares. The exploration program includes detailed ground geophysics and diamond drilling to identify and refine drill targets for potential economic nickel deposits.

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Nickelex Resource Corporation announces the appointment of Alf Stewart and Tom Lewis to the Board of Directors and as a technical advisor, respectively. Mr. Stewart has over 40 years of experience in the resource and investment industries, while Mr. Lewis has over 40 years of experience as a geological engineer. The company has granted both individuals 300,000 incentive stock options.
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Nickelex Resource Corporation has signed a definitive agreement with CanAlaska Uranium to earn up to an 80% interest in four projects in the Thompson Nickel Belt. The agreement includes cash payments, issuance of shares, and exploration expenditures over the next five years. Nickelex will also pay CanAlaska $3 million after completing a positive feasibility study. The agreement is subject to TSX Venture Exchange approval.
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Valterra Resource Corporation will change its name to Nickelex Resource Corporation and its shares will commence trading under the new name on October 5, 2023, on the TSX Venture Exchange with the symbol NICK and new CUSIP number 653951103.
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Valterra Resource Corporation reports corporate changes and property acquisition status. John Kerr appointed President, Killian Ruby joins the board. The company plans to change its name to Nickelex Resource Corporation. Acquisition of Strong Project in Thompson Nickel Belt pending approval.
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FAQ

What is the market cap of Nickelex Resource Corporation (VRSCF)?

The market cap of Nickelex Resource Corporation (VRSCF) is approximately 1.7M.

What is Nickelex Resource Corporation focused on?

Nickelex is a Canadian mineral exploration company focused on nickel resources with a strategic location in the Thompson Nickel Belt in Manitoba.

What recent agreement did Nickelex sign?

Nickelex recently signed a definitive agreement with CanAlaska Uranium Ltd. to earn up to an 80% interest in four mineral exploration licenses in the Thompson Nickel Belt.

What is the area covered by Nickelex's exploration licenses?

The exploration licenses cover an area of 30,283 hectares in the Thompson Nickel Belt.

What exploration activities are planned by Nickelex?

Nickelex plans to conduct detailed ground geophysics and diamond drilling to identify and refine drill targets for potential economic nickel deposits.

Who are the key personnel recently appointed by Nickelex?

Nickelex appointed Alf Stewart and Tom Lewis to the Board of Directors and as technical advisor respectively, bringing decades of experience in the resource and investment industries.
Nickelex Resource Corporation

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