OTC-BB:PNPNF

Power Nickel Engages Global Expert Dr. Steve Beresford to Provide Technical & Strategic Advice

Retrieved on: 
Wednesday, May 1, 2024

Steve is currently an Adjunct Professor at the University of Western Australia, and a board member of AGEMERA in Europe.

Key Points: 
  • Steve is currently an Adjunct Professor at the University of Western Australia, and a board member of AGEMERA in Europe.
  • Ken Williamson VP of Exploration and I had a technical discussion with Dr. Beresford, and we were able to convince him to help.
  • In explaining why he joined Power Nickel, Dr. Beresford said: "A base jumper needs over 500 solo dives to commence in a wing suit.
  • 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.

Power Nickel Extends Momentum - Closes Acquisition on 80% of Nisk

Retrieved on: 
Wednesday, April 24, 2024

TORONTO, April 24, 2024 /PRNewswire/ - Power Nickel Inc. (the "Company" or "Power Nickel") (OTCBB: PNPNF) (TSXV: PNPN) (Frankfurt: IVV) is pleased to announce it has completed the acquisition of an additional 30% of the Nisk Project from Critical Elements Lithium.

Key Points: 
  • TORONTO, April 24, 2024 /PRNewswire/ - Power Nickel Inc. (the "Company" or "Power Nickel") (OTCBB: PNPNF) (TSXV: PNPN) (Frankfurt: IVV) is pleased to announce it has completed the acquisition of an additional 30% of the Nisk Project from Critical Elements Lithium.
  • Power Nickel will continue to fund 100% of expenditures at Nisk until such time as a Bankable Feasibility Study is presented.
  • - Commented Power Nickel CEO Terry Lynch
    Power Nickel has observed a pattern where certain media sites like Stockwatch.com change our original headlines to the most obscure headline.
  • Toronto, Ontario – Apr 22, 2024 – Power Nickel Inc. (the "Company" or "Power Nickel") (TSX-V: PNPN, OTCBB: PNPNF, Frankfurt: IVV) is pleased to announce high-grade multi-elements assay results for holes PN-24-047 and PN-24-051.

/R E P E A T -- Power Nickel Releases Thick High-Grade Assays of Copper, PGMs, Gold and Silver from its new Lion Discovery/

Retrieved on: 
Tuesday, April 23, 2024

The Company's Winter 2024 drill program ended with 15 successful holes at the Lion Discovery.

Key Points: 
  • The Company's Winter 2024 drill program ended with 15 successful holes at the Lion Discovery.
  • Additional assays to be released when received shortly could evidence ongoing progress on the significant discovery that has been made (see Figure 1 below).
  • Power Nickel will continue to drill at the Lion Discovery in the upcoming summer season, following up PN-24-051 (this release) and PN-24-062, the deepest mineralized intersections to date.
  • QAQC and data validation was performed on these portions of the holes where assays are fully integrated, and no material error were observed.

Power Nickel Releases Thick High-Grade Assays of Copper, PGMs, Gold and Silver from its new Lion Discovery

Retrieved on: 
Monday, April 22, 2024

The Company's Winter 2024 drill program ended with 15 successful holes at the Lion Discovery.

Key Points: 
  • The Company's Winter 2024 drill program ended with 15 successful holes at the Lion Discovery.
  • Additional assays to be released when received shortly could evidence ongoing progress on the significant discovery that has been made (see Figure 1 below).
  • Power Nickel will continue to drill at the Lion Discovery in the upcoming summer season, following up PN-24-051 (this release) and PN-24-062, the deepest mineralized intersections to date.
  • 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.

Power Nickel Releases Initial Assay on New Crown Jewel Discovered on its NISK Project

Retrieved on: 
Monday, April 15, 2024

This will be the King of the Beasts," commented Terry Lynch, Power Nickel CEO.

Key Points: 
  • This will be the King of the Beasts," commented Terry Lynch, Power Nickel CEO.
  • Power Nickel continues to drill at the Lion Discovery with the deepest target to date as well as at Ant 4.
  • ALS is a commercial laboratory independent of Power Nickel with no interest in the Project.
  • 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.

POWER NICKEL ANNOUNCES C$2 MILLION PRIVATE PLACEMENT

Retrieved on: 
Thursday, April 4, 2024

TORONTO, April 4, 2024 /PRNewswire/ - Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVVI) is pleased to announce that it plans to complete a Private Placement (the "Offering") for up to 10 Million common shares of the Company, at a price of $0.20 per share, for gross proceeds of CAD $2,000,000.

Key Points: 
  • TORONTO, April 4, 2024 /PRNewswire/ - Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVVI) is pleased to announce that it plans to complete a Private Placement (the "Offering") for up to 10 Million common shares of the Company, at a price of $0.20 per share, for gross proceeds of CAD $2,000,000.
  • The Company has received conditional TSX Venture Exchange ("TSXV") approval for the Private Placement.
  • "We are pleased to announce we have secured commitments to close this financing and that closing is expected to take place next week.
  • At Power Nickel in particular, we have had a series of announcements about our ongoing exploration programs and their positive results and expect to report more on that shortly", commented Power Nickel CEO Terry Lynch.

Power Nickel Defines Initial Volume on its High-Grade Cu-Pt-Pd-Au-Ag Zone 5km Northeast of its Main Nisk Deposit

Retrieved on: 
Monday, March 4, 2024

As previously stated (Feb 22nd, 2024), PN-24-044 successfully intersected the chalcopyrite-rich zone approximately 100 m downdip the initial Hole PN-23-031A (Figure 1).

Key Points: 
  • As previously stated (Feb 22nd, 2024), PN-24-044 successfully intersected the chalcopyrite-rich zone approximately 100 m downdip the initial Hole PN-23-031A (Figure 1).
  • A series of off-section drillholes were planned on a 50 m grid to start defining the volume of the high-grade PGM mineralized zone.
  • I've already alluded to this, but this PGM discovery adds an exciting and valuable dimension to the Nisk Project," commented Power Nickel CEO, Terry Lynch.
  • "PN-24-047 is the first lateral hit that provides us with an initial geometry and volume of the zone.

Power Nickel Commences 2024 Drill Program

Retrieved on: 
Friday, January 19, 2024

TORONTO, Jan. 19, 2024 /PRNewswire/ - Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce it has started the 2024 winter Drill Program at the Nisk Nickel Sulfide project in Nemaska Quebec.

Key Points: 
  • TORONTO, Jan. 19, 2024 /PRNewswire/ - Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce it has started the 2024 winter Drill Program at the Nisk Nickel Sulfide project in Nemaska Quebec.
  • "We are excited to start our ambitious 2024 Drill Program.
  • On January 18, 2024, Power Nickel held a Podcast to discuss our 2024 plans; a replay of this event is located below.
  • 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.

Power Nickel Raises $2,180,000, Outlines 2024 Plans

Retrieved on: 
Tuesday, January 9, 2024

It is expected in February that Power Nickel will announce the terms of the Plan of Arrangement and complete it in Q2.

Key Points: 
  • 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.

Power Nickel Files Complaint on Widespread Potential Illegal Short Selling of its Shares

Retrieved on: 
Tuesday, December 12, 2023

This troubling imbalance is defined as a broker having an insufficient number of shares in its depository account compared to the number of beneficially owned shares for its customers.

Key Points: 
  • This troubling imbalance is defined as a broker having an insufficient number of shares in its depository account compared to the number of beneficially owned shares for its customers.
  • This can indicate potential naked short selling and other manipulative actions designed to artificially drive down share prices.
  • Recent legal rulings now make banks responsible for providing oversight on their clients who are doing computerized algorithmic trading and engaging in illegal activity, such as spoofing or naked short selling.
  • Over the last 16 weeks alone, more than 9,000,000 excess shares of Power Nickel were traded beyond what was likely delivered.