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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.
多倫多,ON/ACCESSWIRE/2022年10月6日/Power Nickel Inc..(“公司”或“電力鎳”)(TSXV:PNPN)(OTCQB:CMETF)(法蘭克福:IVVI)宣佈,根據不列顛哥倫比亞省證券委員會工作人員的審查結果(“BCSC“),公司發佈以下新聞稿,以澄清有關其先前於2022年8月30日提交給SEDAR的Nisk項目技術報告的披露。
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.
本公司的技術報告題為“NI 43-101魁北克省Eeyou Istchee James Bay地區Nisk項目的技術報告和礦產資源評估”(The技術報告“)不符合國家儀器43-101的某些技術要求-礦產品信息披露標準 ("NI 43-101本公司在技術報告中提供的礦產資源估計與NI 43-101不符,在技術報告和Power Nickel自2022年7月19日以來的相關新聞稿中披露的此類礦產資源估計在得到符合規定的報告支持之前可能不被依賴。
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.
本公司正致力於編制經修訂的技術報告(“修訂後的技術報告除了進行冶金分析和要求修訂後的技術報告的作者對Nisk項目進行新的實地考察外,該報告還將包括公司目前正在進行的鑽探計劃的結果,預計將於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.
該公司尚不知道完成修訂後的技術報告的最終時間框架,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.
該公司的顧問Kenneth Williamson,P.Geo,M.SC是審核和批准本新聞稿中的技術披露的合格人士。
For further information on Power Nickel Inc., please contact:
欲獲知更多有關Power Nickel公司的信息,請聯繫:
Mr. Terry Lynch, CEO
647-448-8044
terry@powernickel.com
首席執行官Terry Lynch先生
647-448-8044
郵箱:terry@Powerickel.com
For further information, readers are encouraged to contact:
如需進一步資料,歡迎讀者聯絡:
Power Nickel Inc.
The Canadian Venture Building
82 Richmond St East, Suite 202
Toronto, ON
Power鎳公司。
加拿大風險投資大廈
裏士滿大街東82號,202號套房
多倫多
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.
多倫多證券交易所創業板交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
Cautionary Note Regarding Forward-Looking Statements
有關前瞻性陳述的注意事項
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.
本新聞稿包含的某些陳述可能被認為是適用證券法所指的與公司有關的“前瞻性陳述”。前瞻性表述是指不是歷史事實的表述,一般但並非總是以“預期”、“計劃”、“預期”、“相信”、“打算”、“估計”、“項目”、“潛在”、“表明”、“機會”、“可能”和類似的表述,或事件或條件“將”、“將”、“可能”、“可能”或“應該”發生。儘管公司認為這些前瞻性陳述中表達的預期是基於合理的假設,但這些陳述並不是對未來業績的保證,受到風險和不確定因素的影響,實際結果或現實可能與前瞻性陳述中的大不相同。此類重大風險和不確定性包括但不限於:公司籌集足夠資本的能力,為其在NISK地產的計劃活動提供資金並用於一般營運資本目的;未來在公司財產上活動的時間和成本,包括準備修訂的技術報告;保持其礦產所有權和特許權的良好地位;經濟條件或金融市場的變化;與礦產勘探和採礦作業有關的固有危險;金屬的未來價格;總體經濟條件的變化;礦產資源和儲量估計的準確性;新發現的潛力;公司獲得勘探、鑽探和開發項目所需的必要許可和同意的能力,如果獲得的話, 就本公司的項目計劃及業務目標、本公司將其礦產資源貨幣化的一般能力,以及可能對本公司的營運、遵守環境法律及法規、對主要管理人員的依賴及採礦業的整體競爭產生影響的環境及其他法律或法規的改變,及時取得該等許可及同意。前瞻性陳述是基於公司管理層在陳述發表之日的合理信念、估計和意見。除法律另有規定外,公司沒有義務在管理層的信念、估計或意見或其他因素髮生變化時更新這些前瞻性陳述。
SOURCE: Power Nickel Inc.
資料來源:Power鎳公司。
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在加拿大,透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供,並受加拿大投資監管機構(CIRO)監管。
在馬來西亞,moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供,該公司受馬來西亞證券監督委員會(SC)監管(牌照號碼︰eCMSL/A0397/2024) ,持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
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., 是關聯公司。
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moomoo是Moomoo Technologies Inc.公司提供的金融資訊和交易應用程式。
在美國,moomoo上的投資產品和服務由Moomoo Financial Inc.提供,一家受美國證券交易委員會(SEC)監管的持牌主體。 Moomoo Financial Inc.是金融業監管局(FINRA)和證券投資者保護公司(SIPC)的成員。
在新加坡,moomoo上的投資產品和服務是通過Moomoo Financial Singapore Pte. Ltd.提供,該公司受新加坡金融管理局(MAS)監管(牌照號碼︰CMS101000) ,持有資本市場服務牌照 (CMS) ,持有財務顧問豁免(Exempt Financial Adviser)資質。本內容未經新加坡金融管理局的審查。
在澳大利亞,moomoo上的金融產品和服務是通過Futu Securities (Australia) Ltd提供,該公司是受澳大利亞證券和投資委員會(ASIC)監管的澳大利亞金融服務許可機構(AFSL No. 224663)。請閱讀並理解我們的《金融服務指南》、《條款與條件》、《隱私政策》和其他披露文件,這些文件可在我們的網站 https://www.moomoo.com/au中獲取。
在加拿大,透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供,並受加拿大投資監管機構(CIRO)監管。
在馬來西亞,moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供,該公司受馬來西亞證券監督委員會(SC)監管(牌照號碼︰eCMSL/A0397/2024) ,持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
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., 是關聯公司。
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