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Nickel Rock Announces Proceeds of $452,000 from Exercise of Warrants
(TheNewswire) January 6, 2021 – TheNewswire - Vancouver, B...
About this update from Grid Battery Metals Inc
[{"type":"text","content":"Nickel Rock Announces Proceeds of $452,000 from Exercise of Warrants\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n January 6, 2021\n \n \n –\n \n \n TheNewswire -\n \n \n Vancouver, BC, Canada -\n \n \n Nickel Rock Resources Inc.\n \n \n (“the Company”)\n \n \n (\n \n \n TSXV:NICL\n \n \n )\n \n \n ,\n \n \n (\n \n \n OTC:NIKLF\n \n \n )\n \n \n is pleased to\nannounce that\n \n \n in the previous two weeks, all\noutstanding warrants issued as part of the January 29, 2019 private\nplacement have been exercised for total funds of $452,000.\n \n \n \n \n All 4,520,000 share purchase warrants exercisable at\n$0.10 per share that were due to expire on January 29, 2021 have been\nexercised.\n \n \n \n \n The infusion of equity indicates that the shareholders\nare confident in the future of Nickel Rock.  The proceeds received\nwill allow the Company to accelerate the Company’s exploration\nprogram on its Nickel exploration projects located in BC, as well as\nour Lithium project located in Clayton Valley, Nevada.\n \n \n \n \n About Nickel Rock Resources Inc.\n \n \n \n \n www.nickelrockresources.com\n \n \n \n \n \n \n Nickel Rock Resources Inc is a Canadian-based mineral\nexploration company with a highly focused effort on exploration for\nhigh value battery metals required for the electric vehicle (EV)\nmarket.  In addition to our existing Clayton Valley lithium project\nthe Company recently announced several acquisitions resulting in a\nsignificant property package prospective for awaruite, a naturally\noccurring nickel-iron alloy important in the manufacture of\nenvironmentally efficient batteries for the electric vehicle markets\nglobally.\n \n \n \n \n \n \n Nickel\nProject\n \n \n \n \n \n \n The Mount Sidney\nWilliams Group consists of five claim blocks in four groups with a\ntotal area of 6,125.32 hectares in the area surrounding Mount Sidney\nWilliams, both adjoining and in close proximity to the Decar project\nof FPX Nickel Corp.\n \n \n (TSXV:FPX)\n \n \n , located 100 kilometres northwest of Fort St. James, B.C.,\nin the Omineca Mining Division. Metallic mineralization includes\nnickel, cobalt, and chromium. At least some of the nickel\nmineralization occurs as awaruite.\n \n \n \n \n \n \n The Mitchell Range Group\narea claim consist of two contiguous claim blocks covering 3,134.70...