Power Nickel Inc.
Transforms into a Polymetallic Play, Attracting Robert Friedland & Rob McEwen
Published: 9/5/2024
Author: FRC Analysts
*See important disclosures at the bottom of this reportSector: Basic Materials | Industry: Other Industrial Metals & Mining
Ticker Symbols:
PNPN.V - NEO 🔹
CMETF - NASDAQ 🔹
- Since our previous report in January 2024, PNPN is up 170% driven by the discovery of a new high-grade polymetallic zone (“Lion”) on its high-grade nickel-copper-PGM-gold-silver Nisk project in Quebec.
- Strengthened balance sheet through a $20M equity financing from industry titans such as Robert Friedland, Rob McEwen, and institutional investors.
- Two primary zones of mineralization have been confirmed to date – the nickel-rich Nisk Main deposit, and the polymetallic/PGE-rich Lion zone (5.5 km apart).
- The Lion zone