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Canada Nickel sells Lucas Gold Project to Noble Mineral Exploration, gains new property in Crawford Nickel Project.

Company Fundamentals
13 Jul 2026
PRNewsWire
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Bullish
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Canada Nickel Company has signed a binding letter of intent to sell its Lucas Gold Project to Noble Mineral Exploration. Noble will issue 5 million units valued at $0.06 each to Canada Nickel, with a back-in right allowing Canada Nickel to repurchase a 25% interest under certain conditions. Additionally, Canada Nickel acquired a 100% interest in mining claims within its Crawford Nickel Project footprint. This deal allows Canada Nickel to focus on core assets while generating value from non-core properties, with further details pending final agreements and regulatory approvals.

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