Power Nickel Raises $2,180,000, Outlines 2024 Plans
It is expected in February that Power Nickel will announce the terms of the Plan of Arrangement and complete it in Q2.
- It is expected in February that Power Nickel will announce the terms of the Plan of Arrangement and complete it in Q2.
- At that time, we would expect to have fully funded the spinout initial plans privately while unassociated with the Power Nickel balance sheet.
- Power Nickel plans to sell both a 10% stake in the Company and a 10% offtake agreement on the production from any future mine at Nisk during H1 of 2024.
- Together, we look forward to a very exciting and big year," added Power Nickel CEO Terry Lynch.