Articles Tagged "victory"

Victory Nickel has announced Rights Offering to Shareholders

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 buys Common Shares of Independent Nickel

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  

Strengthening greenback puts downward pressure on Nickel

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 [...]

Independent’s sharesholder support Victory’s offer

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

Mining companies changing gears in the face of low nickel prices

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 [...]