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SPC Nickel Corp., a battery metals company focused on nickel and copper exploration in the Sudbury Basin, started trading on the TSX Venture Exchange under the ticker SPC this week.
“As a project generator, we spun out our Sudbury assets into SPC Nickel in 2013 so that it could focus on (nickel, copper and platinum group metals) exploration in the world-class mining camp,” Scott McLean, the CEO of Transition Metals Corp., said in a release.
“Our goal was for SPC to advance the Aer-Kidd project, a property positioned 1.8 km from Vale’s Totten Mine and 3 km from KGHM’s Victoria Deposit, without diluting existing (Transition Metals Corp,) shareholders. In addition to advancing Aer-Kidd over the past few years, SPC Nickel has also added two more highly prospective properties in the world’s second largest nickel camp.