Canada Nickel Company

Promotional Strapline: Delivering the Next Generation of Nickel
Primary Ticker: TSXV:CNC
Stage of Development: Development
Primary Minerals: Cobalt, Iron Ore, Nickel
Country / Region: Canada
Market Cap 218M
Website: Canada Nickel Company

Canada Nickel is advancing its 100% owned Crawford Nickel Sulphide Project (“Crawford”) and progressing towards a construction decision by end of 2025. The Company has also invested $35 million in 2024 to unlock the Timmins Nickel District and demonstrate its potential to be one of the world’s largest nickel sulphide districts.

Crawford is located in the heart of the prolific Timmins, Ontario mining camp and is the second largest nickel reserve and resource globally. The Company also has a strong shareholder base with Agnico Eagle (11%), Samsung SDI (8.7%), joining Anglo American (7.6%) as cornerstone investors in 2024.

 

Management Profile

Mark Selby, Chair & CEO

Mr. Selby is a founder of Canada Nickel Company and was formerly President & CEO of RNC Minerals (Royal Nickel Corporation) where he led a team that successfully raised over $100 million and advanced the Dumont nickel-cobalt project from initial resource to a fully permitted, construction-ready project. He has held several senior management roles with Quadra Mining, Inco, and Purolator Courier, and was a partner at Mercer Management Consulting.

Since 2001, Mr. Selby has been recognized as one of the leading authorities on the nickel market. He graduated from Queen's University with a Bachelor of Commerce (Honours) and has also served on the boards of multiple junior mining companies.

 

What are your key goals for the next 3, 6 and 12 months?

3 Months

  • 6 Additional Resources Published for Total of 9 Timmins Nickel District Project Resources
  • Updated Crawford PGM Resource and Front-End Engineering & Design

6 Months

  • Continued Systematic District Exploration & Resource Definition (Offtake, Equity, Debt)
  • First Nations Definitive Agreements

12 Months

Crawford Funding Package (Offtake, Equity, Debt)

 

What do you think makes your company such a compelling investment?

We have a unique combination of the right commodity (nickel), a great project (new nickel-cobalt sulphide discovery with large scale potential), adjacent to infrastructure in an established mining camp (Timmins, Ontario, Canada), led by an experienced team (team which successfully advanced the Dumont nickel-cobalt project).

The EV market requires significant quantities of nickel by next decade with little visibility on new nickel supply outside Indonesia and we believe that advancing Crawford in this market is very well-timed and will be very well-received by investors and the nickel industry.