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Canada Nickel Consolidates and Expands Nickel Land Package and Acquires Sixth Nickel Target
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Canada Nickel or
the Company ) (TSXV: CNC) (OTCQB: CNIKF) is pleased to announce that it has entered into a binding letter of intent with Noble Mineral Exploration ( Noble ) to acquire the properties previously optioned by the Company (the Transaction ) plus additional claims held by Noble. Under the terms of the Transaction, the current option agreements with Noble will be terminated and Canada Nickel will acquire 100% of the optioned claims and other interests in return for 3.5 million of the Company s common shares. ....

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