News archive

TORONTO, ON / January 26, 2023 / Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV:PNPN),(OTCQB:CMETF),(Frankfurt:IVVI) announced today that the company has retained Karbon-X Corp (OTCQB:KARX) to retire 159 high quality Verra VCU carbon offsets, in the name of Power Nickel Inc. These 159 carbon offsets will counteract 159 tonnes of greenhouse gas (GHG) emitted by the burning of 60,000 litres of diesel in their exploratory drilling operations and represents Power Nickel's commitment to offsetting their drilling program in the years to come.

TORONTO, ON / ACCESSWIRE / November 22, 2022 / Power Nickel Inc. (the "Company" or "Power Nickel") (TSX-V:PNPN)(OTCBB:CMETF)(Frankfurt:IVVI) is pleased to announce it has completed its over-subscribed non-brokered private placement of 13,750,000 flow-through units (each, an "FT Unit") at a price of $0.20 per FT Unit and 14,425,000 non-flow-through units (each an "NFT Unit") at a price of $0.10 per NFT Unit, for aggregate gross proceeds of CAD$4,192,500. (the "Private Placement"). The Company has received conditional TSX Venture Exchange ("TSXV") approval for the Private Placement.

TORONTO, ON / ACCESSWIRE / October 27, 2022 / Power Nickel Inc. (the "Company" or "Power Nickel") (TSX-V:PNPN, OTCBB:CMETF, Frankfurt:IVVI) is pleased to announce it has increased the size of its non-brokered private placement (the "Private Placement") originally announced in its news release dated October 18, 2022 (the "Original News Release") by CAD $300,000. The Private Placement will now consist of up to 10,250,000 flow-through units (each, an "FT Unit") of the Company (up from 10,000,000 FT Units) at a price of $0.20 per FT Unit and up to 12,500,000 non-flow-through units (each, an "NFT Unit") of the Company (up from 10,000,000 NFT Units) at a price $0.10 per NFT Unit, for aggregate gross proceeds of up to CAD $3,300,000. The prices of each FT Unit and each NFT Unit are unchanged from the prices set out in the Original News Release. The other terms of the FT Units and NFT Units are also unchanged from the terms set out in the Original News Release. These terms have been provided below for ease of reference.

Toronto, Ontario – October 18th, 2022 – Power Nickel Inc. (the “Company” or “Power Nickel”) (TSX-V: PNPN, OTCBB: CMETF, Frankfurt: IVVI) is pleased to announce a proposed non-brokered private placement (the “Private Placement”) of up to 10,000,000 flow-through units (each, an “FT Unit”) of the Company at a price of $0.20 per FT Unit and up to 10,000,000 non-flow-through units (each, an “NFT Unit”) of the Company at a price $0.10 per NFT Unit, for aggregate gross proceeds of up to CAD $3,000,000.

TORONTO, ON / ACCESSWIRE / October 6, 2022 / Power Nickel Inc. (the "Company" or "Power Nickel") (TSX-V:PNPN)(OTCQB:CMETF)(Frankfurt:IVVI) announces that, as a result of a review by the staff of the British Columbia Securities Commission ("BCSC"), the Company is issuing the following news release to clarify disclosures regarding its Technical Report on the Nisk Project previously filed on SEDAR on August 30, 2022.

TORONTO, ON / ACCESSWIRE / September 22, 2022 / Power Nickel Inc. (the "Company" or "Power Nickel") (TSX-V:PNPN)(OTCQB:CMETF)(Frankfurt:IVVI) is pleased to follow up on the recent release of the NI 43-101 Technical Report and Mineral Resource Estimate ("MRE") on the "Nisk" Nickel project with the commencement of the second round of drilling. The NI 43-101 Technical Report and Mineral Resources Estimate for the Nisk Project was filed on SEDAR on August 30, 2022