Agnico Eagle Mine buying at Canada Nickel Company (CNC)

Agnico Eagle Mine buying at Canada Nickel Company (V:CNC)

Updated Wednesday Jan 03, 2024 02:40 AM EDT
Agnico Eagle Mines Limited, a 10% Holder, acquired 19,600,000 Common Shares on a direct ownership basis at a price of $1.180 through a prospectus or prospectus exempt offering on December 29th, 2023. The insider also acquired 6,860,000 Warrants with an exercise price of $1.770 up until December 29, 2026. This represents a $23,128,000 net investment into the company's shares and an account share holdings change of greater than 100%.

Canada Nickel Company is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Canada Nickel Company Inc. is a Canada-based company, which is engaged in advancing the nickel-sulfide projects to deliver nickel required to feed the electric vehicle and stainless-steel markets. The Company owns flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. The Company also owns 25 additional nickel targets located near the Crawford Project. Its wholly owned NetZero Metals Inc. to develop zero-carbon production of Nickel, Cobalt and Iron and applied for the trademarks NetZero Nickel NetZero Cobalt and NetZero Iron across several jurisdictions.


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