TORONTO, Sept. 4,
2024 /CNW/ - Power Nickel Inc. (the
"Company" or "Power Nickel") (TSXV: PNPN) (OTCBB:
PNPNF) (Frankfurt: IVV) is pleased to announce it is
presenting at the Red Cloud webinar series today at 2:00 PM Eastern. To enable your attendance at the
webinar, please register by clicking on the following link:
https://redcloudfs.com/events/rcwebinar-pnpn-2/.
"Fall is now upon us, and with additional results from our busy
summer drilling program, we have an even clearer picture of our
Nisk Project. Our drilling crews have been hard at work and making
some amazing progress that we will discuss, together with our plans
for the balance of the year," commented Power Nickel CEO
Terry Lynch.
"We will also be talking about why it's an exciting and
opportune time to be a mining investor. It's go time!" Lynch
commented. "To this end, Power Nickel also announces a series of
selected marketing initiatives designed to ensure our developing
story effectively reaches the investor community."
- Retained Capital 10X to produce a series of videos and
management interviews over the coming year to showcase Power Nickel
and the Nisk Polymetallic Project across social media and at
the Grizzle Mining Conferences, at a cost of $7500 per month for the next 12 months.
- Engaged The Market Mindset Investment Media to do a series
of video posts and management interviews and to produce original
articles for social media and inclusion in their investment
newsletter, at a cost of $50,000 for
6 months starting September 1st.
- Engaged Empire Market Ventures for Investor awareness and a
marketing service agreement through the balance of 2024. They will
create content for use in social media campaigns and actively
support the Company's messages in financial forums across the
Internet, at a cost of $150,000
USD.
- Engaged Resource Stock Digest to conduct a series of interviews
and distribute these interviews and our news releases to the
Resource Stock Digest subscriber base, at a cost of $40,000 USD.
These initiatives are to increase general awareness of the
Company and its projects.
Qualified Person
Kenneth Williamson, Géo, M.Sc.,
VP Exploration at Power Nickel, is the qualified person who has
reviewed and approved the technical disclosure contained in this
news release.
About Power Nickel Inc.
Power Nickel is a Canadian junior exploration company focusing
on developing the high-grade Nisk project into Canada's first Carbon Neutral Nickel mine.
The NISK property comprises a significant land position (20
kilometers of strike length) with numerous high-grade intercepts.
Power Nickel is focused on expanding the historical high-grade
nickel-copper PGE mineralization with a series of drill programs
designed to test the initial Nisk discovery zone and to explore the
land package for adjacent potential Nickel deposits.
In addition to the Nisk project, Power Nickel owns significant
land packages in British Colombia
and Chile. The Company is in the
process of reorganizing these assets in a related vehicle, through
a Plan of Arrangement that will be presented to Power Nickel
shareholders of record for their approval.
To obtain Power Nickel's Corporate Presentation, please use
the link below:
powernickel.com/corporate_presentation.pdf
For further information, readers are encouraged to
contact:
Power Nickel Inc.
The Canadian Venture Building
82 Richmond St East, Suite 202
Toronto, ON
Neither the TSX Venture Exchange nor its Regulation Services
Provider accepts responsibility for the adequacy or accuracy of
this release.
Cautionary Note Regarding Forward-Looking Statements
This message contains certain statements that may be deemed
"forward-looking statements" concerning the Company within the
meaning of applicable securities laws. Forward-looking statements
are statements that are not historical facts and are generally, but
not always, identified by the words "expects," "plans,"
"anticipates," "believes," "intends," "estimates," "projects,"
"potential," "indicates," "opportunity," "possible" and similar
expressions, or that events or conditions "will," "would," "may,"
"could" or "should" occur. Although the Company believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance, are subject to risks and uncertainties, and
actual results or realities may differ materially from those in the
forward-looking statements. Such material risks and uncertainties
include, but are not limited to, among others, the timing for the
Company to receive the summer program assays; raise sufficient
capital to fund its obligations under its property agreements going
forward; to maintain its mineral tenures and concessions in good
standing; to explore and develop its projects; changes in economic
conditions or financial markets; the inherent hazards associates
with mineral exploration and mining operations; future prices of
nickel and other metals; changes in general economic conditions;
accuracy of mineral resource and reserve estimates; the potential
for new discoveries; the ability of the Company to obtain the
necessary permits and consents required to explore, drill and
develop the projects and if accepted, to obtain such licenses and
approvals in a timely fashion relative to the Company's plans and
business objectives for the applicable project; the general ability
of the Company to monetize its mineral resources; and changes
in environmental and other laws or regulations that could have an
impact on the Company's operations, compliance with environmental
laws and regulations, dependence on key management personnel and
general competition in the mining industry.
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SOURCE Power Nickel Inc.