Pure Nickel Announces Appointment of Director James T. O'Neil Jr.
Toronto, Ontario--(Newsfile Corp. - November 4, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces the appointment of Mr. James T. O'Neil Jr. to the Board of Directors of the Company. Mr. O'Neil is a senior executive with 45 years of experience in the metal mining and processing industry. He has held senior executive positions with major international mining companies Grupo Mexico, ASARCO, and Southern Copper Corporation. Mr. O'Neil has served on the board of...
2019-11-04 4:15 PM EST
Pure Nickel Closes Convertible Debenture Financing
Toronto, Ontario--(Newsfile Corp. - October 24, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it has closed a financing (the "Financing") of unsecured convertible debentures ("Debentures") in the amount of $300,000. The Debentures have a term of one year, bear interest at a rate of 8% per annum, and are convertible into common shares at a price of $0.05 per share. The Financing consisted of 300 units at a price of $1,000 per unit (the "Units"), each Unit...
2019-10-24 6:09 PM EDT
Pure Nickel Closes Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - September 24, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it has completed a non-brokered private placement ("Financing") of 2,000,000 units ("Unit") at a price of $0.05 per Unit for gross proceeds of $100,000. Each Unit consists of one common share ("Common Share") and one-half of one Common Share purchase warrant ("Warrant"), each Warrant entitling the holder to purchase one additional Common Share at an exercise...
2019-09-24 5:04 PM EDT
Pure Nickel Announces Proposed Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - September 11, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it plans to raise up to $500,000 in a non-brokered private placement financing (the "Offering"). The Offering consists of up to 10,000,000 units (the "Units") at a price of $0.05 per Unit for gross proceeds of $500,000. Each Unit consists of one common share ("Common Share") and one-half of one Common Share purchase warrant ("Warrant"), each Warrant entitling...
2019-09-11 5:29 PM EDT
Pure Nickel Closes Three Million Dollar Convertible Debenture Financing with Eric Sprott
Toronto, Ontario--(Newsfile Corp. - September 5, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") is pleased to announce that it has closed its previously announced transaction with Eric Sprott, through 2176423 Ontario Ltd., a corporation that is beneficially owned by him, pursuant to which Pure Nickel has issued to 2176423 Ontario Ltd. a Convertible Debenture ("Debenture") in the amount of $3,000,000. The Debenture has a term of two years and bears interest at a rate of...
2019-09-05 2:48 PM EDT
Pure Nickel Announces the Entering into of an Investment Agreement with Eric Sprott for a Three Million Dollar Investment in Support of a Proposed Merger with Explor Resources
Toronto, Ontario--(Newsfile Corp. - August 22, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") is pleased to announce that Eric Sprott, through 2176423 Ontario Ltd. (a corporation beneficially owned by him), has entered into an investment agreement with the Company pursuant to which Mr. Sprott has agreed to subscribe for a convertible debenture of the Company in the principal amount of $3,000,000, subject to certain terms and conditions (the "Debenture"). The Debenture...
2019-08-22 2:45 PM EDT
Pure Nickel Closes Second and Final Tranche of Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - July 22, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it has completed the final tranche of a non-brokered private placement ("Financing"). Upon closing of the final tranche of the Financing, the Company issued 500,000 units ("Unit") at a price of $0.05 per Unit for gross proceeds of $25,000. Each Unit consists of one common share ("Common Share") and one-half of one Common Share purchase warrant ("Warrant"), each...
2019-07-22 3:12 PM EDT
Pure Nickel Announces Shares for Debt Settlement
Toronto, Ontario--(Newsfile Corp. - July 4, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces it has agreed to settle an aggregate amount of $74,670 for services and expenses rendered to the Company (the "Debt Settlement") to be settled by the issuance of 1,493,400 common shares at a deemed issue price of $0.05 per share. The transaction is being undertaken by the Company in order to conserve working capital. The securities issued pursuant to the Debt Settlement...
2019-07-04 7:45 AM EDT
Pure Nickel Closes Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - June 17, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it has completed a non-brokered private placement ("Financing") of 2,333,333 units ("Unit") at a price of $0.05 per Unit for gross proceeds of $116,667. Each Unit consists of one common share ("Common Share") and one-half of one Common Share purchase warrant ("Warrant"), each Warrant entitling the holder to purchase one additional Common Share at an exercise price...
2019-06-17 9:59 AM EDT
Pure Nickel Files NI 43-101 Technical Report for the Neal Project
Toronto, Ontario--(Newsfile Corp. - May 30, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it has filed a Technical Report, as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators, for the Neal Project ("Neal"). The Company is Eric Sprott's 51% partner in the Neal Development Limited Partnership ("Neal LP") which holds a lease to operate Neal (see Pure Nickel press release dated April...
2019-05-30 8:00 AM EDT
Pure Nickel Closes Transaction - Becomes Eric Sprott's 51% Partner on the Neal Project
Toronto, Ontario--(Newsfile Corp. - May 13, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") is pleased to announce that it has closed the previously announced transaction with a company controlled by Eric Sprott ("Sprott Mining") to become the 51% operating and controlling partner in the Neal Development Limited Partnership ("Neal LP") which holds a lease to operate the Neal Project (see Pure Nickel press release dated April 30, 2019). Pursuant to terms of the Agreement...
2019-05-13 8:34 AM EDT
Pure Nickel Commences NI 43-101 Technical Report for the Neal Project
Toronto, Ontario--(Newsfile Corp. - May 6, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it has commenced work on generating a National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") Technical Report (the "Technical Report") for the Neal Project. The Company is Eric Sprott's 51% partner in the Neal Development Limited Partnership ("Neal LP") which holds a lease to operate the Neal Project (see Pure Nickel press release...
2019-05-06 8:25 AM EDT
Pure Nickel Becomes Eric Sprott's 51% Partner on the Neal Project
Toronto, Ontario--(Newsfile Corp. - April 30, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company" or "Pure Nickel") announces that it has signed an Agreement (the "Agreement") with 2176423 Ontario Ltd., a company controlled by Eric Sprott ("Sprott Mining") outlining the arm's length terms for the acquisition by the Company of an initial 51% of the Neal Development Limited Partnership ("Neal LP") from Sprott Mining together with an option to acquire an additional 27% of the Neal LP and 7...
2019-04-30 11:20 AM EDT
Pure Nickel Announces Granting of Stock Options
Toronto, Ontario--(Newsfile Corp. - March 29, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company") announces that it has granted an aggregate of 4,600,000 stock options to certain management, directors, consultants and employees. The options have an exercise price of $0.05, a term of five years, vest immediately and are subject to the terms and conditions of the company's Stock Option Plan. About Pure Nickel Inc. Pure Nickel is a mineral exploration company with a focus on exploration...
2019-03-29 7:45 AM EDT
Pure Nickel Sells Manibridge Property, Manitoba
Toronto, Ontario--(Newsfile Corp. - March 25, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company") announces it has signed an agreement with CanAlaska Uranium Ltd. ("CanAlaska") for the sale of the Company's Manibridge Property, Manitoba. Pursuant to the terms of the agreement CanAlaska will issue the Company 300,000 shares and 100,000 2 year warrants exercisable at $0.28/share, and pay $25,000 to obtain 100% ownership of the Manibridge Property. The completion of the sale is subject to TSX...
2019-03-25 8:30 AM EDT
Pure Nickel Sells its 50% Stake in the HPM Property, Quebec
Toronto, Ontario--(Newsfile Corp. - February 28, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company") announces it has signed an agreement with Murchison Minerals Ltd. ("Murchison") for the sale of the Company's 50% interest in the HPM Property, Quebec. Murchison will pay the Company $50,000 and issue 500,000 common shares of Murchison; the shares will be subject to a four month statutory hold period. Mr. Russell, Pure Nickel's President and CEO stated: "We are pleased to see Murchison assume...
2019-02-28 1:30 PM EST
Pure Nickel Provides Corporate Update
Toronto, Ontario--(Newsfile Corp. - January 11, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company") provides the following corporate updates. Mr. R. David Russell has been appointed as CEO and President of the Company. Mr. Russell has over three decades of executive experience in the mineral exploration and development industry. From 2002 to June 2010 he was President, CEO and a director of the former Apollo Gold Corporation (now First Majestic Silver). Mr. Russell's previous positions...
2019-01-11 4:47 PM EST
Pure Nickel Update on Annual Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - January 7, 2019) - Pure Nickel Inc. (TSXV: NIC) (the "Company") announces it has removed the order of business related to the proposed sale of its royalty interest in the Milford copper project from the Annual General and Special Meeting of the Shareholders scheduled for January 11, 2019 at 10:00 am ET. As previously announced in the Company's press release dated December 17, 2018, the meeting was postponed to provide shareholders with additional...
2019-01-07 8:32 AM EST
Pure Nickel Postpones Annual Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - December 17, 2018) - Pure Nickel Inc. (TSXV: NIC) (the "Company") announces it has postponed its Annual General and Special Meeting of the Shareholders originally scheduled for December 18, 2018 and has rescheduled the meeting to January 11, 2019 at 10:00 am ET. The record date for voting at the meeting remains November 13, 2018. The Company has postponed the meeting as it intends to provide shareholders with additional information regarding certain...
2018-12-17 4:10 PM EST
Pure Nickel Corporate Update
Toronto, Ontario--(Newsfile Corp. - September 5, 2018) - Pure Nickel Inc. (TSXV: NIC) (the "Company") announces the following corporate updates. Sale of Royalty The Company has reached agreement to sell its royalty interest in a copper mine located in Milford, Utah (the "Royalty") to David McPherson, the President and CEO of the Company. Under the terms of the agreement, the Company's wholly-owned Subsidiary, Nevada Star Resources Corp. (US), will sell all of its rights to the royalty to a...
2018-09-05 12:03 PM EDT