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Canada Nickel Receives Equity Investment from Samsung SDI

Canada Nickel Company Inc.

Highlights

  • Samsung SDI to invest US$18.5 million and acquire approximately 15.6 million shares of Canada Nickel, becomes an 8.7% shareholder
  • Samsung SDI granted the right to purchase a 10% equity interest in the Crawford project for US$100.5 million upon a final construction decision
  • Samsung SDI will be granted certain offtake rights to the Crawford project’s nickel-cobalt products subject to the completion of the 10% equity investment in the Crawford project

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