Class 1 Nickel Announces Execution Of Definitive Agreement To Acquire Strategic Portfolio Of Mineral Claims In Ontario And Quebec
Acquiring Company
Class 1 Nickel
Acquired Company
Laza Medical
Description
Class 1 Nickel and Technologies Limited (CSE: NICO/ OTCQB: NICLF) (the “Company” or “Class 1 Nickel”) is pleased to announce that it has entered into a definitive agreement with Platinum Group Elements Limited (“PGEL”) providing for the acquisition (the “Acquisition”) by the Company of a strategic project portfolio of adjacent and adjoining claims to the Company’s Alexo Dundonald project in Timmins, Ontario, as well as adjacent and adjoining claims to the Company’s Somanike project in Quebec, and a complimentary primary PGE project in Sudbury Ontario (collectively, the “Properties”). The consideration for the Acquisition consists of a cash payment of Cdn$550,000 and the issuance of an aggregate of 10,000,000 common shares of the Company.
Quick answer
Class 1 Nickel is acquiring Laza Medical, announced August 23, 2021.
- How much did Class 1 Nickel pay for Laza Medical?
- The deal value was not disclosed.
- What does Class 1 Nickel do?
- Class 1 Nickel and Technologies Limited (CSE: NICO/OTCQB: NICLF) is a Mineral Resource Company focused on the development of its 100% owned Alexo-Dundonald Property, a portfolio of komatiite hosted magmatic..
- Where are Class 1 Nickel and Laza Medical based?
- Laza Medical is based in Campbell, California, United States.
Source: Fundz verified event record.
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- Pender Growth Fund And Pender Private Investments Announce Proposed Acquisition Of A Portfolio Company (September 9, 2021)
- Class 1 Nickel Completes Acquisition Of Strategic Portfolio Of Mineral Claims In Ontario And Quebec (August 31, 2021)
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Frequently asked
Who acquired Laza Medical?
Laza Medical was acquired by Class 1 Nickel. The deal was reported on August 23, 2021. Class 1 Nickel is privately held.
When did Class 1 Nickel acquire Laza Medical?
Class 1 Nickel's acquisition of Laza Medical was reported on August 23, 2021. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Laza Medical do?
Laza Medical is a privately held portfolio company of Shifamed, LLC., a highly specialized medical innovation hub founded by serial entrepreneur, Amr Salahieh. It is privately held, operating in Biotechnology, and is based in Campbell.
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