TORONTO, Oct. 14, 2020 /CNW/ - Canada Nickel Company
Inc. ("Canada Nickel" or the "Company") (TSX-V: CNC)
(OTCQB: CNIKF) is pleased to announce that effective October 14, 2020, it will graduate from the OTC
Pink Sheets ("OTCPK") and commence trading on the OTCQB Venture
Marketplace ("OTCQB") under the symbol "CNIKF".
Mark Selby, Chair and CEO,
commented, "Trading on the OTCQB will make the Company accessible
to a much broader range of U.S. investors and assist in our goal of
increasing liquidity and visibility in the U.S. We look
forward to introducing our Crawford nickel-cobalt sulphide project,
located in one of the world's best mining jurisdictions, to this
new group of investors."
The Crawford Nickel-Cobalt Sulphide Project is located in the
heart of the prolific Timmins-Cochrane mining camp in Ontario, Canada, and is adjacent to
well-established, major infrastructure associated with over 100
years of regional mining activity.
The OTCQB Venture Market is the premiere marketplace for early
stage and developing U.S. and international companies.
Participating companies must be current in their reporting and
undergo an annual verification and management certification
process. Investors can find real-time quote and market information
at https://www.otcmarkets.com/stock/CNIKF/overview.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
About Canada Nickel Company
Canada Nickel Company Inc. is advancing the next generation of
nickel-cobalt sulphide projects to deliver nickel and cobalt
required to feed the high growth electric vehicle and stainless
steel markets. Canada Nickel Company has applied in multiple
jurisdictions to trademark the terms NetZero NickelTM,
NetZero CobaltTM, NetZero IronTM and is
pursuing the development of processes to allow the production of
net zero carbon nickel, cobalt, and iron products. Canada Nickel
provides investors with leverage to nickel and cobalt in low
political risk jurisdictions. Canada Nickel is currently
anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide
Project in the heart of the prolific Timmins-Cochrane mining camp.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best
Market, the OTCQB® Venture Market and the Pink® Open Market for
11,000 U.S. and global securities. Through OTC Link® ATS and OTC
Link ECN, we connect a diverse network of broker-dealers that
provide liquidity and execution services. We enable investors to
easily trade through the broker of their choice and empower
companies to improve the quality of information available for
investors.
To learn more about how we create better informed and more
efficient markets, visit www.otcmarkets.com. OTC Link ATS and OTC
Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member
FINRA/SIPC.
Cautionary Statement Concerning Forward-Looking
Statements
This press release contains certain information that may
constitute "forward-looking information" under applicable Canadian
securities legislation. Forward looking information includes, but
is not limited to, timing for completion of the proposed
transaction, the amount and uses of proceeds, strategic plans,
including future exploration and development results, and corporate
and technical objectives. Forward-looking information is
necessarily based upon a number of assumptions that, while
considered reasonable, are subject to known and unknown risks,
uncertainties, and other factors which may cause the actual results
and future events to differ materially from those expressed or
implied by such forward-looking information. Factors that could
affect the outcome include, among others: future prices and the
supply of metals, the results of drilling, inability to raise the
money necessary to incur the expenditures required to retain and
advance the property, environmental liabilities (known and
unknown), general business, economic, competitive, political and
social uncertainties, results of exploration programs, risks of the
mining industry, delays in obtaining governmental approvals, and
failure to obtain regulatory or shareholder approvals. There can be
no assurance that such information will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such information. Accordingly, readers should not
place undue reliance on forward-looking information. All
forward-looking information contained in this press release is
given as of the date hereof and is based upon the opinions and
estimates of management and information available to management as
at the date hereof. Canada Nickel disclaims any intention or
obligation to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise,
except as required by law.
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SOURCE Canada Nickel Company Inc.