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Canada Nickel Appoints Financial Advisors, Reaches Next Permitting Milestone
Canada Nickel Appoints Financial Advisors, Reaches Next Permitting Milestone Canada New...
About this update from Canada Nickel Company Inc
[{"type":"text","content":"\n \n \n \n Canada Nickel Appoints Financial Advisors, Reaches Next Permitting Milestone\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Dec. 15, 2022\n \n \n /CNW/ -\n \n Canada Nickel Company Inc.\n \n (\"\n \n Canada Nickel\n \n \" or the \"\n \n Company\n \n \") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce that it has engaged Deutsche Bank Securities Inc (\"Deutsche Bank\") and Scotiabank as financial advisors for the equity component of the project financing for the Company's Crawford Nickel Sulphide Project (\"Crawford\").\n \n \n \n \n \n \n \n \n \n \"As we move into the next phase of advancing Crawford towards production, we are pleased to engage two of the world's leading investment banks with a broad base of mining and industrial expertise, Scotiabank and Deutsche Bank, to advise the Company on alternatives for the equity portion of the project financing for Crawford,\" said\n \n Mark Selby\n \n , Chair & CEO of Canada Nickel. \"We are also pleased to announce that our team has completed another significant permitting milestone on the critical path towards production, by filing the detailed project description with the Impact Assessment Agency of\n \n Canada\n \n earlier this week. We continue to target receipt of permits by mid-2025 with construction to immediately follow.\"\n \n \n \n Advisory\n \n \n \n The Company has been engaged in discussions with a number of strategic and industry participants over the past 18 months. With the upcoming completion of the feasibility study, the Company is turning its focus towards project financing and permitting activities to ensure that the Company has its financing package in place well in advance of the receipt of project permits which are targeted to be received by mid-2025. Deutsche Bank and Scotiabank will assist the company with the evaluation of strategic and financial alternatives for the equity portion of the project financing. The financial advisors will also assist the Company in providing defense advisory and planning. In add...