Canada Nickel Closes Previously Announced Us$10 Million Loan Facility With Auramet International, Inc.
Amount Raised
$10 Million
Round Type
Debt Financing
TorontoManufacturingMobileMiningPrecious MetalsMineralDescription
Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) today announced that it has closed a secured loan facility with Auramet International, Inc. ("Auramet") of US$10 million previously announced on September 29, 2022. The proceeds will allow the Company to execute post feasibility study work on permitting and detailed engineering which is advantageous to complete during the coming winter months and allows the Company to remain well-funded as it continues to aggressively advance the project.
Quick answer
Canada Nickel Company raised $10 Million in a Debt Financing round, dated October 18, 2022. Canada Nickel Company is based in Toronto, Ontario, Canada.
- How much did Canada Nickel Company raise?
- Canada Nickel Company raised $10 Million in a Debt Financing round on October 18, 2022.
- 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 $4M (Seed) on November 22, 2022.
- Wolfden raised $2.7M (Seed) on November 28, 2022.
- Arras Minerals raised $741K (Seed) on November 22, 2022.
- Riley Gold Corp raised $2.6M (Seed) on November 21, 2022.
- Aftermath Silver raised $108K (Pre-Seed) on November 21, 2022.
- Falcon Copper raised $868K on November 18, 2022.
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
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Related People
Canada Nickel Company raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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