RNC Minerals (TSX: RNX) (“RNC”) announces its review of activities and financial results for the year ended December 31, 2017. All amounts are expressed in Canadian dollars, unless otherwise noted, and are based on the audited financial statements for the year ended December 31, 2017.
As quoted in the press release:
Mark Selby, President and CEO, commented, “RNC announced an important shift on March 22, that its central strategic focus going-forward will be the advancement of the Dumont Nickel-Cobalt Project, which is the largest undeveloped nickel and cobalt reserve in the world and one of the few large-scale shovel-ready projects positioned to deliver large quantities of nickel and cobalt to market in the next few years. This should allow RNC shareholders to participate in the excellent future for nickel and cobalt enhanced by the growth of electric vehicles over the next few years.”