Flying Nickel Mining Corp - Mining Stock Analysis & Updates
Latest News and Market Performance for Flying Nickel Mining Corp
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Flying Nickel Announces Name Change to CleanTech Vanadium Mining on November 5, 2024
Flying Nickel Mining Corp announced it is changing its corporate name to "CleanTech Vanadium Mining Corp." and will trade under the new stock ticker symbol "CTV" starting November 5, 2024 on the TSX Venture Exchange. The name change was approved by shareholders on October 21, 2024. No action is needed from shareholders related to the name change and it does not affect outstanding share and warrant certificates. The company is an exploration-stage mining company focused on vanadium and critical mineral resources, and owns the Gibellini vanadium project in Nevada, United States.
Flying Nickel Announces Closing of $8 Million Minago Sale with Norway House
Flying Nickel Mining Corp. has completed an agreement with Norway House Cree Nation (NHCN) and 10197729 Manitoba Inc., under which NHCN has bought the Minago Nickel Project in Manitoba, Canada for $8 million. The deal also involved the surrender of all NHCN-held shares in Flying Nickel, assumption of certain royalties and an existing option agreement by the Purchaser and NHCN, and reimbursement of certain expenses. The shares represented 11.41% of Flying Nickel's issued shares, which have now been cancelled. The transaction was approved by Flying Nickel's shareholders and the British Columbia Supreme Court. The project will significantly contribute to NHCN's long-term economic development.
Flying Nickel Announces Receipt of Final Order for Arrangement with Norway House
The British Columbia Supreme Court has granted Flying Nickel Mining Corp. the final order for the previously announced arrangement for Norway House Cree Nation (NHCN) and 10197729 Manitoba Inc to acquire the company's Minago Nickel Project in Manitoba, Canada. The deal, worth $8,000,000, involves the surrender of all NHCN-held shares in the company, the assumption of certain royalties, and reimbursement of certain expenses. The arrangement, approved by the company's shareholders at a special meeting, is expected to be completed by the end of October, 2024, subject to certain conditions and regulatory approvals.
