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NICKEL CREEK PLATINUM ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

NICKEL CREEK PLATINUM ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES /

Nickel Creek Platinum Corp. (TSX: NCP) (" Nickel Creek " or the " Company ") is pleased to announce that it intends to raise capital by way of a non-brokered private placement for aggregate gross proceeds to the Company of up to approximately $1.8 million (the " Private Placement ").  The Private Placement will consist of the sale of units (the " Units ") of the Company at a price of $0.045 per Unit. Each Unit will consist of one common share of the capital of the Company (each, a " Common Share ") and one-half of one common share purchase warrant (each whole common share purchase warrant, a " Warrant "), with each Warrant exercisable for one Common Share (each, a " Warrant Share ") at an exercise price of $0.08 for a period of three (3) years from the date of issuance, subject to adjustment upon certain customary events.

Nickel Creek Platinum Corp. logo (CNW Group/Nickel Creek Platinum Corp.)

The net proceeds from the Private Placement will be used to fund the Company's completion of the Prefeasibility Study (" PFS "), ongoing permitting activities and holding costs at its 100%-owned Nickel Shäw Project, and for general corporate expenses and working capital purposes.

In connection with the Private Placement, the Company's largest shareholder, Electrum Strategic Opportunities Fund L.P. (" Electrum "), has indicated its intention to backstop up to $1.25 million of the Private Placement, subject to customary conditions and otherwise on the same terms as the Private Placement.

Stuart Harshaw , President and Chief Executive Officer of Nickel Creek, commented: "Nickel Creek is fortunate to have the continued support of Electrum demonstrating the endorsement for the Company's plans going forward."

The closing of the Private Placement is expected to occur on or around May 15, 2023 and remains subject to the approval of the Toronto Stock Exchange and other customary closing conditions for a transaction of this nature. The Units will be issued on a private placement basis pursuant to exemptions from prospectus requirements under applicable securities laws. The Common Shares and the Warrants (and any Warrant Shares, as applicable) will be subject to a statutory hold period of four months and one day from the date of issuance of the Units.

Pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (" MI 61-101 "), the Private Placement would constitute a "related party transaction" as Electrum (and certain other insiders of the Company) will subscribe for Units. These transactions will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101, as the fair market value of any Units subscribed for by insiders pursuant to the Private Placement will not exceed 25% of the Company's market capitalization.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in the United States nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the " 1933 Act "), or any state securities laws and may not be offered or sold in the United States unless registered under the 1933 Act and any applicable securities laws of any state of the United States or an applicable exemption from the registration requirements is available.

Nickel Creek Platinum Corp. (TSX: NCP) (OTCQB: NCPCF) is a Canadian mining exploration and development company and its flagship asset is its 100%-owned Nickel Shäw Project. The Nickel Shäw Project is a large undeveloped nickel sulphide project in one of the most favourable jurisdictions in the world, with a unique mix of metals including copper, cobalt and platinum group metals. The Nickel Shäw Project has exceptional access to infrastructure, located three hours west of Whitehorse via the paved Alaska Highway, which further offers year-round access to deep-sea shipping ports in southern Alaska.

The Company is led by a management team with a proven track record of successful discovery, development, financing and operation of large-scale projects. Our vision is to create value for our shareholders by becoming a leading North American nickel, copper, cobalt and PGM producer.

Cautionary Note Regarding Forward-Looking Information

This news release includes certain information that may be deemed "forward-looking information". Forward-looking information can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "believe", "continue", "plans" or similar terminology, or negative connotations thereof. All information in this release, other than information of historical facts, including, without limitation, statements relating to the Private Placement, the timing of closing of the Private Placement, insider participation in the Private Placement, completion of the PFS, and general future plans and objectives for the Company and the Nickel Shäw Project, are forward-looking information that involve various risks and uncertainties. Although the Company believes that the expectations expressed in such forward-looking information are based on reasonable assumptions, such expectations are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking information.

For more information on the Company and the key assumptions, risks and challenges with respect to the forward-looking information discussed herein, and about our business in general, investors should review the Company's most recently filed annual information form, and other continuous disclosure filings which are available at www.sedar.com . Readers are cautioned not to place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

SOURCE Nickel Creek Platinum Corp.

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Nickel Creek Platinum Announces Updated Mineral Resource Estimate at Nickel Shäw Project

Nickel Creek Platinum Announces Updated Mineral Resource Estimate at Nickel Shäw Project

 Nickel Creek Platinum Corp. (TSX: NCP) (OTCQB: NCPCF) ("Nickel Creek" or the "Company") is pleased to announce an updated mineral resource estimate at its 100%-owned Nickel Shäw Project located in the Yukon Canada. Under the revised estimate, measured mineral resource tonnage has increased by 31% to 122,363 kt and indicated mineral resource tonnage has increased by 37% to 314,332 kt. Contained Ni in measured and indicated mineral resource categories have increased 31% to 2.47 billion lbs. Grades are largely unchanged with the measured and indicated mineral resource grades at 0.26% Ni, 0.13% Cu, 0.014% Co, 0.23 gt Pd, 0.22 gt Pt and 0.04 gt Au. A complete tabulation of tonnage and grade by category is listed in the table below along with metal prices, recovery information, net smelter return ("NSR") cut-off grades and mining parameters.

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Nickel Creek Platinum Announces Results of 2023 Annual General Meeting

Nickel Creek Platinum Announces Results of 2023 Annual General Meeting

Nickel Creek Platinum Corp. (TSX: NCP) ("Nickel Creek" or the "Company") is pleased to announce the results of its annual general meeting of shareholders (the "AGM") that was held on May 31, 2023 .

Nickel Creek Platinum Corp. logo (CNW Group/Nickel Creek Platinum Corp.)

All of the following business items were approved at the AGM by the requisite majority of shareholder votes cast at the meeting:

  • setting the size of the Board of Directors at seven;
  • electing each management-nominated director; and
  • appointing PricewaterhouseCoopers LLP as Nickel Creek's auditor

The seven directors of Nickel Creek elected at the AGM are: Michele S. Darling , Mark Fields , Stuart Harshaw , Wayne Kirk , Myron G. Manternach , David Peat and Michel (Mike) Sylvestre .  Votes for the directors were cast as follows:

Director

Votes For

Votes Withheld

Percent For

Percent Withheld

Michele S. Darling

217,525,825

1,794,599

99.18 %

0.82 %

Mark Fields

217,504,684

1,815,740

99.17 %

0.83 %

Stuart Harshaw

217,324,250

1,996,174

99.09 %

0.91 %

Wayne Kirk

193,819,051

25,501,373

88.37 %

11.63 %

Myron G. Manternach

214,837,710

4,482,714

97.96 %

2.04 %

David Peat

217,440,755

1,879,669

99.14 %

0.86 %

Michel (Mike) Sylvestre

214,513,275

4,807,149

97.81 %

2.19 %


About Nickel Creek Platinum Corp
.

Nickel Creek Platinum Corp. (TSX: NCP; OTCQB: NCPCF) is a Canadian mining exploration and development company and its flagship asset is its 100%-owned Nickel Shäw Project. The Nickel Shäw Project is a large undeveloped nickel sulphide project with a unique mix of metals including copper, cobalt and platinum group metals, located in the Yukon, Canada , one of the most favourable jurisdictions in the world. The Nickel Shäw Project has exceptional access to infrastructure, located three hours west of Whitehorse via the paved Alaska Highway, which further offers year-round access to deep-sea shipping ports in southern Alaska .

The Company is led by a management team with a proven track record of successful discovery, development, financing and operation of large-scale projects. Our vision is to create value for our shareholders by becoming a leading North American nickel, copper, cobalt and PGM producer.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/nickel-creek-platinum-announces-results-of-2023-annual-general-meeting-301839236.html

SOURCE Nickel Creek Platinum Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2023/31/c5265.html

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NICKEL CREEK PLATINUM ANNOUNCES COMPLETION OF PREVIOUSLY ANNOUNCED NON-BROKERED PRIVATE PLACEMENT

NICKEL CREEK PLATINUM ANNOUNCES COMPLETION OF PREVIOUSLY ANNOUNCED NON-BROKERED PRIVATE PLACEMENT

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES /

Nickel Creek Platinum Corp. (TSX: NCP) (" Nickel Creek " or the " Company ") today has confirmed, further to its news releases of April 24, 2023 and May 11, 2023 (the " Previous News Releases "), the completion of its non-brokered private placement (the " Private Placement ") pursuant to which the Company has issued an aggregate of 31,503,656 units (" Units ") for gross proceeds of approximately $1.4 million . The Company has confirmed that there will be no further tranches with respect to the Private Placement.

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Nickel Creek Platinum Corp: Invitation to 121 Mining Investment New York

Nickel Creek Platinum Corp: Invitation to 121 Mining Investment New York

Nickel Creek Platinum Corp (TSX: NCP) (OTCQB: NCPCF) is pleased to announce the company is participating in the upcoming 121 Mining Investment Conference in New York City.

121 Mining Investment New York will be hosting over 80 mining companies and more than 300 sophisticated investors for two days of pre-arranged, targeted 1-2-1 meetings. This year's event is being held on June 5-6.

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NICKEL CREEK PLATINUM ANNOUNCES CLOSE OF FIRST TRANCHE OF NON-BROKERED PRIVATE PLACEMENT

NICKEL CREEK PLATINUM ANNOUNCES CLOSE OF FIRST TRANCHE OF NON-BROKERED PRIVATE PLACEMENT

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES /

Nickel Creek Platinum Corp. (TSX: NCP) (" Nickel Creek " or the " Company ") is pleased to announce that it has closed the first tranche (" Tranche 1 ") of its previously announced non-brokered private placement (the " Private Placement ") pursuant to which the Company is issuing a total of 31,503,656 units (" Units ") for gross proceeds of approximately $1.4 million .

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Northern Dynasty Files Amended Technical Report

Northern Dynasty Minerals Ltd. (TSX:NDM); (NYSE American:NAK) ("Northern Dynasty" or the "Company") announces that it has filed an Amended Technical Report, effective date May 19, 2023 (the "Technical Report") under National instrument 43-101 for the Pebble Project. The Technical Report amends the technical report filed on March 31, 2023 in order to address comments received from the BC Securities Commission. The changes include

  • Removal of contained metal from the resource estimate table;
  • Additional disclosure on the cutoff grade and reasonable prospects for eventual economic extraction;
  • Clarifications of some exploration information and additional drill sections;
  • Removal of information on the Project Description; and
  • Additional information in the certificates of the qualified persons and consents.

While no new technical information was incorporated in the resource estimate, the effective date was moved to May 19 to incorporate the latest updates to the permit status. The estimated mineral resources remain unchanged from the report filed on March 31.

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TSX Venture Exchange Stock Maintenance Bulletins

TSX Venture Exchange Stock Maintenance Bulletins

TSX VENTURE COMPANIES

CE BRANDS INC. ("CEBI.WT ")
BULLETIN TYPE:  Warrant Expiry-Delist
BULLETIN DATE: June 9, 2023
TSX Venture Tier 2 Company

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Stonegate Capital Partners Updates Coverage on Los Andes Copper, LTD.  Q2 2023

Stonegate Capital Partners Updates Coverage on Los Andes Copper, LTD. Q2 2023

Los Andes Copper, LTD (TSXV: LA): Stonegate Capital Partners updates their coverage on Los Andes Copper, LTD. The full report can be accessed by clicking on the following link: Los Andes Copper Q2 2023 Report

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

  • PFS shows robust economics of project
  • Capital remains accessible
  • Trading below peers on EV/NPV basis

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7294/169498_figure1_550.jpg

Click image above to view full announcement.

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1844 Announces Repricing of Previously Announced Private Placement for Gross Proceeds of up to $2,000,000

1844 Announces Repricing of Previously Announced Private Placement for Gross Proceeds of up to $2,000,000

1844 Resources Inc. (TSXV: EFF) (the "Company" or "1844") due to market conditions, 1844 announces amended pricing to its previously announced non-brokered private placement (the "Offering"). Pursuant to the amended pricing, the Company is increasing the number of units (the "Units") to be issued from up to 40,000,000 Units to up to 57,142,858 Units and has amended the Unit pricing from $0.05 per Unit to $0.035 per Unit. The gross proceeds for the Offering will continue to be for gross proceeds of up to $2,000,000.

The Units will consist of one common share of the Company and one common share purchase warrant (a "Warrant"). The Warrants are exercisable for a period of 36 months from closing and the exercise price of the Warrants was reduced from $0.075 per warrant to $0.055 per Warrant.

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TSX Venture Exchange Stock Maintenance Bulletins

TSX Venture Exchange Stock Maintenance Bulletins

TSX VENTURE COMPANIES

NEWSTRIKE BRANDS LTD. ("HIP.WT.A ")
BULLETIN TYPE:  Warrant Expiry-Delist
BULLETIN DATE: June 8, 2023
TSX Venture Tier 1 Company

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Falcon / Marvel Option Baie Verte Projects To Carmanah Minerals Corp.

Falcon / Marvel Option Baie Verte Projects To Carmanah Minerals Corp.

Falcon Gold Corp. (TSX-V:FG)(GR:3FA)(OTCQB:FGLDF); and Marvel Discovery Corp. (TSX-V:MARV)(GR:04T)(OTCQB:MARVF) together (the Alliance), jointly hold 1402 claims (the "Property") totaling 35,050 hectares located along the Baie Verte Brompton Line ("BVBL") in Central Newfoundland. Falcon and Marvel have agreed to option their interests in the Property to Carmanah Minerals Corp. ("Carmanah"). Carmanah recently announced the acquisition of the Hare Hill Pluton Rare Earth Project covering 162 claims totaling 4,050 hectares in Western Newfoundland. The property is directly contiguous to the recent "Bottom Brook Acquisition" by York Harbour Metals Inc. announced December 21, 2022

The Hare Hill granitic system is prospective for rare-earth mineralization, as recently reported by York Harbour Metals whose grab rock samples returned total rare earth oxide grades (TREO) grades between 3.45% and 21.63% TREO. Previously, Kirrin Resources Inc. reported drilling results that included 4.47% TREO over 5.64m core lengths and 1.16% TREO over 15.3m core lengths on the Bottom Brook project in February 2011.

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