Victory Nickel Inc. declared the terms of a rights offering to existing shareholders to raise gross proceeds of up to approximately $3.9 million. Vice-Chairman and CEO Rene Galipeau stated: We believe it is important to give our existing shareholders the opportunity to participate in the future success of Victory Nickel on a non-dilutive basis. For [...]
Victory Nickel Inc. declared that it has signed a letter of intent with Manchetau Construction to build a road to its Lac Rocher nickel project in northern Quebec. For full story, click here
Victory Nickel Inc. declared to have adopted shareholder protection rights plan. For full story, click here
Independent Nickel Corp. said that Victory Nickel has paid for an additional 4,088,815 outstanding common shares of Independent Nickel. For full story, click here
Victory Nickel Inc. has waived the minimum tender condition of its offer to buy entire outstanding common shares of Independent Nickel Corp. on the basis of 1.1 of a Victory Nickel share for each Independent Share, according to its offer to purchase and takeover bid. For full story, click here
By Leia Michele Toovey- Exclusive to Nickel Investing News London Metal Exchange nickel dropped by approximately five per cent to two week’s low as the stronger greenback made the metal more expensive for holders of other currencies. Nickel dropped by 4.7 per cent to US$19,300 a tonne, it’s lowest since August 20, 2008. LME inventories [...]
Victory Nickel reported that it has received unsolicited written support from Ryan Kalt, an Independent Nickel shareholder and respected Canadian entrepreneur, for its offer to acquire Independent Nickel. For more information, click here
Victory Nickel Inc. announced that it has scheduled a conference call to discuss and answer questions regarding its offer for all the outstanding common shares of Independent Nickel Corp. For more information, click here
By Leia Michele Toovey- Exclusive to Nickel Investing News Miners across the globe are a worried lot, what with the plunging price of nickel putting pressure on companies to streamline operations. Mines in Australia have been especially hard hit, due to the weakening Australian dollar; down 10 per cent against the US greenback since mid [...]
Victory Nickel Inc. made an offer to acquire all outstanding common shares of Independent Nickel Corporation. Rene Galipeau, Victory Nickel’s Vice-Chairman and Chief Executive Officer, said: This transaction is a natural fit for our two companies which are focused on developing nickel projects in Manitoba. For more information, click here
Friday, June 26, 2009