Canada Nickel confirms $1.81 exercise price for 3.5M warrants tied to $32M loan extension

Canada Nickel Company announced that the 3.5 million common share purchase warrants granted to Auramet International, related to the extension of a $32 million loan facility, have an exercise price of $1.81 per share. This pricing follows the formula and rules set by the TSX Venture Exchange. The company is focused on developing nickel projects to supply the growing electric vehicle and stainless steel markets, aiming for net zero carbon products. The announcement clarifies financing terms as Canada Nickel advances its flagship Crawford Nickel-Cobalt Sulphide Project in Canada.