Fundz

Agnico Eagle Announces Investment In Canada Nickel Company Inc.

PRIVATEDec 29, 2023

Round Type

Venture

TorontoManufacturingMobileMiningPrecious MetalsMineral

Investors

Agnico EagleAgnico Eagle Mines Limited

Description

Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle") announced today that it acquired 19,600,000 units ("Units") of Canada Nickel Company Inc. (TSXV: CNC) ("Canada Nickel") at a price of $1.18 per Unit for total consideration of approximately $23,128,000 from several sellers that acquired the Units in connection with an offering of flow-through Units by Canada Nickel (the "Share Purchases"). Each Unit was comprised of one common share of Canada Nickel (a "Common Share") and 0.35 of one common share purchase warrant of Canada Nickel (each whole common share purchase warrant, a "Warrant"). Each Warrant entitles the holder to acquire one Common Share at a price of $1.77 at any time prior to December 29, 2026, subject to acceleration of the expiry date upon the occurrence of certain events.

Quick answer

Canada Nickel Company raised an undisclosed amount in a funding round, dated December 29, 2023. Investors: Agnico Eagle and Agnico Eagle Mines Limited. Canada Nickel Company is based in Toronto, Ontario, Canada.

How much did Canada Nickel Company raise?
Canada Nickel Company raised an undisclosed amount in a funding round on December 29, 2023.
Who invested in Canada Nickel Company?
Agnico Eagle and Agnico Eagle Mines Limited are named as investors in this round.
What does Canada Nickel Company do?
Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless steel markets.
Where is Canada Nickel Company based and how big is it?
Canada Nickel Company is based in Toronto, Ontario, Canada. Fundz records about 30 employees.
Who are the decision-makers at Canada Nickel Company?
Fundz holds 1 contact at Canada Nickel Company, including the CHAIRMAN, CEO & DIRECTOR. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Mobile and Mining around the same time

Companies in the same sectors as Canada Nickel Company that raised within 45 days of this round, from Fundz verified event records.

  • Power Nickel raised $2.2M (Seed) on January 9, 2024.
  • ERO raised $111M (Funding Round) on November 14, 2023.
  • Power Nickel raised an undisclosed amount (Funding Round) on November 14, 2023.
  • Solaris Resources raised $130M (Corporate Round) on January 11, 2024.
  • Atacama Copper raised $1.4M on December 20, 2023.
  • NexMetals Mining Corp. raised $818K (Seed) on December 14, 2023.

Who to call at Canada Nickel Company, and when

A new round usually means Canada Nickel Company is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Canada Nickel Company raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Canada Nickel Company, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Canada Nickel Company. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Canada Nickel Company

Location

Toronto, Ontario, Canada

About

Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless steel markets. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero Nickel™, NetZero Cobalt™ and NetZero Iron™ and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Canada Nickel Company raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsMark S., CHAIRMAN, CEO & DIRECTOR hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Canada Nickel Company's next move

See what Strategic adds

Canada Nickel Company raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.