EV Nickel Inc. Update on Corporate Activity

EV Nickel Inc. Update on Corporate Activity

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

EV Nickel Inc. (TSX-V: EVNI) ("EV Nickel" or the "Company") updates

  • The Company announces the grant of incentive stock options (the "Options") to acquire a total of 380,000 common shares of the Company at an exercise price of $0.20 per share. Pursuant to the terms of the stock option agreements, one-third of the Options shall vest immediately, one-third shall vest on the first anniversary of the date hereof, and one-third shall vest on the second anniversary of the date hereof. The options shall have a five years term. These options were granted to directors and officers of the Company.
  • The Company also announces it has granted restricted stock units ("RSUs") covering an aggregate of 650,000 shares of EVNi common stock. These RSUs were granted to officers of the Company. Pursuant to the terms of the RSU agreements, one-third shall vest on the first anniversary of the date hereof, one-third shall vest on the second anniversary of the date hereof and one-third shall vest on the third anniversary of the date hereof. Vesting is subject to the participant's continued service with the Company.

About EV Nickel

EV Nickel's mission is to accelerate the transition to clean energy. It is a Canadian nickel exploration company, focussed on the Shaw Dome area, south of Timmins, Ontario. The Shaw Dome area is home to its Langmuir Project which includes W4, the basis of a 2010 historical estimate of 677K tonnes @ 1.00% Ni, ~15M lbs of Class 1 Nickel. EV Nickel plans to grow and advance a nickel business, targeting the growing demand for Class 1 Nickel, from the electric vehicle battery sector. EV Nickel has almost 9,100 hectares to explore across the Shaw Dome and has identified 30km of additional favourable strike length.

Contact Information

For further information, contact: Sean Samson, Chief Executive Officer at samson@evnickel.com.

EV Nickel Inc.
200 - 150 King St. W,
Toronto, ON M5H 1J9
www.evnickel.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release.

SOURCE: EV Nickel Inc.



View source version on accesswire.com:
https://www.accesswire.com/691789/EV-Nickel-Inc-Update-on-Corporate-Activity

News Provided by ACCESSWIRE via QuoteMedia

EVNI:CA
The Conversation (0)
EV Nickel Announces Closing Previously Announced Acquisition of Extensive Land Package Near Langmuir

EV Nickel Announces Closing Previously Announced Acquisition of Extensive Land Package Near Langmuir

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE SERVICES

EV Nickel Inc. (TSXV:EVNI) ("EVNi" or the "Company") is pleased to announce that it has now closed its previously announced acquisition of properties (the "Acquisition") within and to the south of the Shaw Dome, spread across 12 townships (the "Acquisition Package" or the "Shaw Dome Acquisition Properties") incorporating 1,088 staked mining claims over almost 21,000 hectares of prospective land

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
ev-nickel-logo

EV Nickel announces continued High-Grade Nickel Intersections from Langmuir, completing the Phase 1 Drilling

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE SERVICES

  • The second half of the Phase 1 drill program on the Langmuir Nickel Project included:
    • EV21-09 intersects 15.7 metres grading 1.14% Ni on eastern margin of W4
    • EV21-01 intersection extended to 19.5 metres grading 0.96% Ni
  • These results now confirm nickel sulphide mineralization to the east and west of the W4 Zone
  • Phase 2 drilling starts now, on additional high priority targets, full details of the plan to be released next week

EV Nickel Inc. (TSXV:EVNI) ("EVNi" or the "Company") is pleased to report the assay results for the full Phase 1 drill program on the Langmuir Nickel Project ("Langmuir" or the "Property"). Building off of the first half results shared in December (see December 8, 2021 News Release), Rogue continues to identify high-grade mineralization along trend of the W4 Zone

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
asx evn

EV Nickel Announces High-Grade Nickel Intersections From Langmuir Project

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE SERVICES

  • Extremely high-grade nickel associated with W4 Zone including 8.66% Ni over 1.11 metres in hole EV21-01
  • Very high nickel tenors ranging from 18% to >40% Ni (estimated content of nickel in 100% sulphide) associated with the W4 Zone anticipated to be reflected in concentrate grades when metallurgical testing is initiated
  • Drilling has intersected the mineralized ultramafic unit to the west of the defined boundary of the W4 zone

EV Nickel Inc. (TSXV:EVNI) ("EVNi" or the "Company") is pleased to announce that exploration drilling on the Langmuir Nickel Project ("Langmuir" of the "Property") from the inaugural drill program with significant intersections from within and along the eastern and western boundaries of the W4 Nickel Zone

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Pivotal Metals

Horden Lake Drilling Completed

Pivotal Metals Limited (ASX:PVT) (‘Pivotal’ or the ‘Company’) is pleased to provide an update on its exploration program at its 100% owned Horden Lake project in Quebec, Canada.

Keep reading...Show less
Tartisan Nickel Corp.

Tartisan Nickel Corp. Retains Northwest Solutions Inc. to Complete the Kenbridge Nickel Project All-Season Access Road; Names Gregory Edwards as First Nations Liaison

Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA)("Tartisan'' or the "Company") announces that the Company has retained Northwest Solutions Inc. ("NWS Inc.") an organization based in Thunder Bay, Ontario, to provide technical and human resource support to the Company's flagship Kenbridge Nickel Project, located in the Kenora Mining District, northwestern Ontario. Northwest Solutions Inc. incorporates forestry, mining, and environmental services, as well as training, project management support, and communications consulting services. NWS Inc. has been operating in the Forestry and Natural Resource Sector since 2014 and is a family-owned and operated business. NWS Inc. will provide road design, permitting and project management support to the Kenbridge Nickel Project using leading technologies such as LiDAR, RoadEng and ArcGIS Pro.

Keep reading...Show less
Nickel-manganese-cobalt lithium-ion battery for an electric vehicle.

Nickel's Role in the Critical Energy Transition

The European Union, Canada, the US and Australia have all added nickel to their lists of critical minerals, deeming it essential for global sustainable energy and decarbonisation.

In spite of the resource's ubiquity and long history in multiple sectors, many investors know very little about it, overlooking the investment potential of this underhyped base metal.

Through an understanding of nickel's overall market as well as its industrial applications, role in electrification and position in the clean energy landscape, investors can position themselves to identify and leverage a range of promising opportunities.

Keep reading...Show less
Blackstone Minerals

Blackstone Update on Refinery Byproduct Offtake Strategy

Blackstone Minerals Limited (ASX: BSX) (“Blackstone” or the “Company”) is pleased to announce an update to its recent refinery byproduct offtake MOU announcement.

Keep reading...Show less
Nordic Nickel

Substantial Increase in Hotinvaara Resource Establishes Pulju as Globally Significant Nickel Sulphide District

Updated in-situ Mineral Resource Estimate sees contained nickel metal increase to 862,800t, demonstrating scale and significance of the Pulju Project.

Nickel sulphide and battery metals explorer Nordic Nickel Limited (ASX: NNL; Nordic, or the Company) is pleased to announce an updated in-situ JORC (2012) Mineral Resource Estimate (MRE) for the Hotinvaara Prospect (Hotinvaara) at its flagship, 100%-owned Pulju Nickel Project (Pulju, or the Project) in Finland following an extensive drilling campaign in 2023.

Keep reading...Show less

Latest Press Releases

Related News

×