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Power Nickel To Amend Technical Report
Power Nickel To Amend Technical Report
TORONTO, ON / ACCESSWIRE / October 6, 2022 / Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV:PNPN)(OTCQB:CMETF)(Frankfurt:IVVI) announces that, as a result of a review by the staff of the British Columbia Securities Commission ("BCSC"), the Company is issuing the following news release to clarify disclosures regarding its Technical Report on the Nisk Project previously filed on SEDAR on August 30, 2022.
The Company's technical report titled "NI 43-101 Technical Report and Mineral Resource Estimate for the Nisk Project, Eeyou Istchee James Bay territory, Quebec" (the "Technical Report") does not comply with certain technical requirements of National Instrument 43-101 - Standards of Disclosure for Mineral Products ("NI 43-101"). The Company's mineral resource estimates provided in the Technical Report do not comply with NI 43-101 and such mineral resource estimates, as disclosed in the Technical Report and Power Nickel's related news releases since July 19, 2022, may not be relied upon, until they are supported with a compliant report.
The Company is working to prepare an amended technical report (the "Amended Technical Report"). In addition to conducting the metallurgical analysis and the requirement for a new site visit to the Nisk Project by an author of the Amended Technical Report, the report will also include the results of the Company's current drill program that is underway now and expected to be completed by mid-December 2022.
The Company does not yet know the definitive time frame to complete the Amended Technical Report but believes a Q1 delivery date is probable.
Kenneth Williamson, P.Geo., M.Sc., consultant to the Company, is the Qualified Person who has reviewed and approved the technical disclosure in this news release.
For further information on Power Nickel Inc., please contact:
Mr. Terry Lynch, CEO
647-448-8044
terry@powernickel.com
For further information, readers are encouraged to contact:
Power Nickel Inc.
The Canadian Venture Building
82 Richmond St East, Suite 202
Toronto, ON
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking statements" with respect to the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential", "indicates", "opportunity", "possible" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, the Company's ability to raise sufficient capital to fund its planned activities at the NISK Property and for general working capital purposes; the timing and costs of future activities on the Company's properties, including preparing the Amended Technical Report; maintaining its mineral tenures and concessions in good standing; changes in economic conditions or financial markets; the inherent hazards associates with mineral exploration and mining operations; future prices of metals; changes in general economic conditions; accuracy of mineral resource and reserve estimates; the potential for new discoveries; the ability of the Company to obtain the necessary permits and consents required to explore, drill and develop the projects and if obtained, to obtain such permits and consents in a timely fashion relative to the Company's plans and business objectives for the projects; the general ability of the Company to monetize its mineral resources; and changes in environmental and other laws or regulations that could have an impact on the Company's operations, compliance with environmental laws and regulations, dependence on key management personnel and general competition in the mining industry. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
SOURCE: Power Nickel Inc.
View source version on accesswire.com:
TORONTO, ON / ACCESSWIRE / October 6, 2022 / Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV:PNPN)(OTCQB:CMETF)(Frankfurt:IVVI) announces that, as a result of a review by the staff of the British Columbia Securities Commission ("BCSC"), the Company is issuing the following news release to clarify disclosures regarding its Technical Report on the Nisk Project previously filed on SEDAR on August 30, 2022.
多伦多,ON/ACCESSWIRE/2022年10月6日/Power Nickel Inc..(“公司”或“电力镍”)(TSXV:PNPN)(OTCQB:CMETF)(法兰克福:IVVI)宣布,根据不列颠哥伦比亚省证券委员会工作人员的审查结果(“BCSC“),公司发布以下新闻稿,以澄清有关其先前于2022年8月30日提交给SEDAR的Nisk项目技术报告的披露。
The Company's technical report titled "NI 43-101 Technical Report and Mineral Resource Estimate for the Nisk Project, Eeyou Istchee James Bay territory, Quebec" (the "Technical Report") does not comply with certain technical requirements of National Instrument 43-101 - Standards of Disclosure for Mineral Products ("NI 43-101"). The Company's mineral resource estimates provided in the Technical Report do not comply with NI 43-101 and such mineral resource estimates, as disclosed in the Technical Report and Power Nickel's related news releases since July 19, 2022, may not be relied upon, until they are supported with a compliant report.
本公司的技术报告题为“NI 43-101魁北克省Eeyou Istchee James Bay地区Nisk项目的技术报告和矿产资源评估”(The技术报告“)不符合国家仪器43-101的某些技术要求-矿产品信息披露标准 ("NI 43-101本公司在技术报告中提供的矿产资源估计与NI 43-101不符,在技术报告和Power Nickel自2022年7月19日以来的相关新闻稿中披露的此类矿产资源估计在得到符合规定的报告支持之前可能不被依赖。
The Company is working to prepare an amended technical report (the "Amended Technical Report"). In addition to conducting the metallurgical analysis and the requirement for a new site visit to the Nisk Project by an author of the Amended Technical Report, the report will also include the results of the Company's current drill program that is underway now and expected to be completed by mid-December 2022.
本公司正致力于编制经修订的技术报告(“修订后的技术报告除了进行冶金分析和要求修订后的技术报告的作者对Nisk项目进行新的实地考察外,该报告还将包括公司目前正在进行的钻探计划的结果,预计将于2022年12月中旬完成。
The Company does not yet know the definitive time frame to complete the Amended Technical Report but believes a Q1 delivery date is probable.
该公司尚不知道完成修订后的技术报告的最终时间框架,但相信第一季度的交付日期是可能的。
Kenneth Williamson, P.Geo., M.Sc., consultant to the Company, is the Qualified Person who has reviewed and approved the technical disclosure in this news release.
该公司的顾问Kenneth Williamson,P.Geo,M.SC是审核和批准本新闻稿中的技术披露的合格人士。
For further information on Power Nickel Inc., please contact:
欲获知更多有关Power Nickel公司的信息,请联系:
Mr. Terry Lynch, CEO
647-448-8044
terry@powernickel.com
首席执行官Terry Lynch先生
647-448-8044
邮箱:terry@Powerickel.com
For further information, readers are encouraged to contact:
如需进一步资料,欢迎读者联络:
Power Nickel Inc.
The Canadian Venture Building
82 Richmond St East, Suite 202
Toronto, ON
Power镍公司。
加拿大风险投资大厦
里士满大街东82号,202号套房
多伦多
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
多伦多证券交易所创业板交易所及其监管服务提供商(该术语在多伦多证券交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
Cautionary Note Regarding Forward-Looking Statements
有关前瞻性陈述的注意事项
This news release contains certain statements that may be deemed "forward-looking statements" with respect to the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential", "indicates", "opportunity", "possible" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, the Company's ability to raise sufficient capital to fund its planned activities at the NISK Property and for general working capital purposes; the timing and costs of future activities on the Company's properties, including preparing the Amended Technical Report; maintaining its mineral tenures and concessions in good standing; changes in economic conditions or financial markets; the inherent hazards associates with mineral exploration and mining operations; future prices of metals; changes in general economic conditions; accuracy of mineral resource and reserve estimates; the potential for new discoveries; the ability of the Company to obtain the necessary permits and consents required to explore, drill and develop the projects and if obtained, to obtain such permits and consents in a timely fashion relative to the Company's plans and business objectives for the projects; the general ability of the Company to monetize its mineral resources; and changes in environmental and other laws or regulations that could have an impact on the Company's operations, compliance with environmental laws and regulations, dependence on key management personnel and general competition in the mining industry. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
本新闻稿包含的某些陈述可能被认为是适用证券法所指的与公司有关的“前瞻性陈述”。前瞻性表述是指不是历史事实的表述,一般但并非总是以“预期”、“计划”、“预期”、“相信”、“打算”、“估计”、“项目”、“潜在”、“表明”、“机会”、“可能”和类似的表述,或事件或条件“将”、“将”、“可能”、“可能”或“应该”发生。尽管公司认为这些前瞻性陈述中表达的预期是基于合理的假设,但这些陈述并不是对未来业绩的保证,受到风险和不确定因素的影响,实际结果或现实可能与前瞻性陈述中的大不相同。此类重大风险和不确定性包括但不限于:公司筹集足够资本的能力,为其在NISK地产的计划活动提供资金并用于一般营运资本目的;未来在公司财产上活动的时间和成本,包括准备修订的技术报告;保持其矿产所有权和特许权的良好地位;经济条件或金融市场的变化;与矿产勘探和采矿作业有关的固有危险;金属的未来价格;总体经济条件的变化;矿产资源和储量估计的准确性;新发现的潜力;公司获得勘探、钻探和开发项目所需的必要许可和同意的能力,如果获得的话, 就本公司的项目计划及业务目标、本公司将其矿产资源货币化的一般能力,以及可能对本公司的营运、遵守环境法律及法规、对主要管理人员的依赖及采矿业的整体竞争产生影响的环境及其他法律或法规的改变,及时取得该等许可及同意。前瞻性陈述是基于公司管理层在陈述发表之日的合理信念、估计和意见。除法律另有规定外,公司没有义务在管理层的信念、估计或意见或其他因素发生变化时更新这些前瞻性陈述。
SOURCE: Power Nickel Inc.
资料来源:Power镍公司。
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moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
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