NiCan
Primary ticker: TSXV:NICN; OTCQB:NILTF; FSE:W8Y
Stage of development: Exploration
Primary minerals: Nickel
Project to promote: Wine Project; Pipy Project
Project location: Canada
Website: nicanltd.com
Corporate presentation: Click here
NiCAN Limited (NICN:TSXV; OTCQB:NILFT; FRA:W8Y) was created by experienced mining executives, with an extensive background in exploring, developing, operating and financing mining assets, to focus on Nickel projects in attractive and known jurisdictions for nickel exploration.
In a very short period of time, NiCAN has built an impressive portfolio of highly prospective and underexplored projects near Thompson and Snow Lake – Flin Flon in Manitoba, Canada. The team is systematically and methodically exploring its prospective land package, incorporating historical data, new geologic surveys and drill testing.
Cash: CAD 1.15M
Major shareholders:
Management Ownership – 20%
Financials
Management Profile
Brad Humphrey, CEO & Director
Mr. Humphrey has over 25 years of international mining experience. Prior to joining NiCAN, Mr. Humphrey was CEO of QMX Gold, which was acquired by Eldorado Gold. Prior to QMX, Mr. Humphrey worked for Morgan Stanley as an Executive Director and North American Precious Metals Analyst, where he was responsible for growing Morgan Stanley’s North American Gold research coverage. Mr. Humphrey was also a Managing Director and Head of Mining Research at Raymond James and covered precious metal equities at CIBC World Markets and Merrill Lynch. Mr. Humphrey has held a variety of mining industry roles from contract underground miner to CEO. Mr. Humphrey is currently on the board of Black Swan Graphene.
What is your rationale for taking part in 121 Mining Investment?
Market support and updating the market on our developments
What recent news would you like to highlight to investors attending?
August 13, 2024 – NiCAN Commences Trading on the OTCQB® Venture Market
May 29, 2024 – NiCAN Provides a Review of its March 2024 Drilling Program and Next Steps
at the Wine Project, Manitoba
May 22, 2024 – NiCAN Announces Results from its Phase III-B Drill Program, including 20.3 Meters at 2.85% NiEq at the Wine Project, Manitoba
May 6, 2024 – NiCAN Announces Initial Set of Assays from 2024 Drilling, including 45.5 Meters at 1.55% NiEq at the Wine Project, Manitoba
March 26, 2024 – NiCAN Provides Update on Drilling at the Wine Nickel-Copper Project, Manitoba, Canada
February 28, 2024 – NiCAN Mobilizes Diamond Drill and Geophysical Crew to the Wine Property, Manitoba
February 23, 2024 – NiCAN Announces Closing of Bought Deal Private Placement
February 2, 2024 – NiCAN Announces Bought Deal Financing
January 31, 2024 – NiCAN’s Drilling at the Wine Project, Manitoba, Canada Intersects Multiple Mineralized Zones, Including 2.32% NiEq over 31.5 Meters
What are the top 3 key investor takeaways?
– Focused on established mining camps in close proximity to existing Nickel infrastructure
– Highly prospective and underexplored land positions
– Systematically and methodically expanding on historical data to generate new geologic models and drill targets