Brief: Canada Nickel Announces $10 Million Loan Facility

Canada Nickel

29/09/2022 12:59

Sept 29 (Reuters) - Canada Nickel Company Inc  CNC.V :
    * CANADA NICKEL PROVIDES PROJECT UPDATE AND ANNOUNCES US$10
MILLION LOAN FACILITY
    * CANADA NICKEL COMPANY INC - REMAINS ON TRACK TO DELIVER
FEASIBILITY STUDY FOR CRAWFORD BY YEAR-END
    * CANADA NICKEL COMPANY INC - STUDY WORK IS APPROXIMATELY
85%
COMPLETE AND COMPANY IS CONFIDENT IN ITS OUTCOME
    * CANADA NICKEL COMPANY INC - LOAN WILL BE DUE JANUARY 14,
2023,
WILL CARRY AN INTEREST RATE OF 1.00% PER MONTH, AND BE SUBJECT
TO A 2% ARRANGEMENT FEE

Source text for Eikon:  ID:nCNWTmd8Ga 
Further company coverage:  CNC.V 
 ((Reuters.Briefs@thomsonreuters.com;))