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NiCAN Receives $300,000 Grant from Manitoba Mineral Development Fund
NiCAN Receives $300,000 Grant from Manitoba Mineral Development Fund Canada NewsWire ...
About this update from Nican Ltd.
[{"type":"text","content":"\n \n \n \n NiCAN Receives $300,000 Grant from Manitoba Mineral Development Fund\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 June 1, 2023\n \n \n /CNW/ -\n \n NiCAN Limited\n \n (\"NiCAN\" or the \"Company\") (TSXV: NICN) has received approval for a\n \n $300,000\n \n grant from the Manitoba Mineral Development Fund (the \"MMDF\") to support NiCAN's exploration activities at its Wine Project located in the\n \n Snow Lake\n \n /\n \n Flin Flon\n \n area,\n \n Manitoba, Canada\n \n . The Company has received the first\n \n $150,000\n \n of the grant, with the remainder expected in June 2023.\n \n \n \n \n \n \n \n \n \n \n \"NiCAN greatly appreciates the support from the Manitoba Mineral Development Fund and the Manitoba Chambers of Commerce,\"\n \n \n Brad Humphrey\n \n , President and CEO of NiCAN commented.\n \n \"This funding is earmarked for continued exploration at the Wine Project, which has returned truly impressive drill results to date. We look forward to announcing additional exploration results from the Wine Gabbro area in the coming weeks. The Company also plans to complete geophysical and geochemical surveys that will drive the exploration program for our next phase of drilling in this area.\"\n \n \n \n The MMDF is a\n \n $20-million\n \n provincial fund, launched in\n \n July 2020\n \n by the Manitoba Government and administered by the Manitoba Chambers of Commerce. This fund is specifically dedicated to providing funding for and supporting economic development and mining projects in northern\n \n Manitoba\n \n .\n \n \n \n About NiCAN\n \n \n \n \n NiCAN Limited\n \n is a mineral exploration company, trading under the symbol \"NICN\" on the TSX-V. The Company is actively exploring\n \n two nickel projects\n \n , both located in the well-established mining jurisdiction of\n \n Manitoba, Canada\n \n .\n \n \n \n To receive news releases by e-mail, please register using the NiCAN website at\n \n \n \n www.nicanltd.com.\n \n \n \n \n \n Cautionary Note Regarding Forward-Looking State...