Latest news with #TTN
Cision Canada
27-05-2025
- Business
- Cision Canada
Canada Nickel Closes Previously Announced $20 million Convertible Note with Taykwa Tagamou Nation
TORONTO, May 27, 2025 /CNW/ - Canada Nickel Company Inc. (" Canada Nickel" or the " Company") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce the closing of the $20 million Convertible Note with Taykwa Tagamou Nation ("TTN") previously announced on December 16, 2024. The investment marks the largest known direct equity investment by a First Nation in a Canadian critical minerals company to date and reflects a shared commitment to long-term partnership, economic self-determination, and responsible resource development. This milestone further solidifies Canada Nickel's relationship with TTN, who is already a development partner in both the Crawford Nickel Sulphide Project and associated infrastructure, including the power transmission line and electric haul fleet. "This transaction is a significant step forward for both TTN and Canada Nickel, said Chief Bruce Archibald of Taykwa Tagamou Nation. "It demonstrates what's possible when First Nations are meaningfully included as equity partners with real decision-making authority. We are proud to make this investment on behalf of our community—one that supports long-term economic benefit while advancing sustainable development on our Traditional Territory." Deputy Chief Derek Archibald of Taykwa Tagamou Nation added, "TTN has worked hard over the years to build our economic strength—through investments in infrastructure, project development, and governance. This agreement is a reflection of that work and the trust we've built with Canada Nickel. From the beginning, the Company has demonstrated a genuine commitment to transparency, collaboration, and shared benefit. We're proud to continue this journey together, grounded in respect and true partnership." "We are honoured to have Taykwa Tagamou Nation as long-term partners in the development of Crawford and the broader Timmins Nickel District", said Mark Selby, CEO of Canada Nickel. TTN has been a pivotal partner from the very beginning—supporting critical infrastructure, shaping project development, and now playing a key role as we unlock the overall potential of the District. This investment is a reflection of TTN's vision, leadership, and commitment to co-developing projects that deliver generational benefits—for their Nation, for the North, and for Canada's clean energy economy." Convertible Note The $20 million secured Convertible Note (the "Note") will have a five-year term from closing. The coupon has been adjusted from a fixed 4.75% to a coupon of 6.15% per annum paid quarterly prior to conversion to reflect TTN's financing cost. The Note provides TTN with the right to convert into 16.67 million common shares (at a conversion price of $1.20 per share), representing an 7.9% equity interest in the Company (based on Canada Nickel's current issued and outstanding share capital of 193,590,725 common shares). TTN will also have a right to one seat on the Company's Board of Directors for so long as it holds the Convertible Note or, after conversion, at least 7.9% of the Company's shares. About Canada Nickel Company Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high-growth electric vehicle and stainless-steel markets. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel Sulphide Project in the emerging Timmins Nickel District. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero Nickel TM, NetZero Cobalt TM, NetZero Iron TM and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. For further information, please contact: Mark Selby, CEO Phone: 647-256-1954 Email: [email protected] Media, please contact: Sydney Oakes Director of Indigenous Relations and Public Affairs Phone: 905-929-7151 Email: [email protected] Cautionary Statement Concerning Forward-Looking Statements This press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward looking information includes, but is not limited to, drill and exploration results relating to the target properties described herein (the "Properties"), the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, the potential of the Crawford Nickel Sulphide Project and the Properties, timing and completion (if at all) of mineral resource estimates, the ability to sell marketable materials, strategic plans, including future exploration and development plans and results, corporate and technical objectives, and the completion of assays, follow-up geophysics and further drilling. Forward-looking information is necessarily based upon several assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Factors that could affect the outcome include, among others: future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities (known and unknown), general business, economic, competitive, political and social uncertainties, results of exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to obtain regulatory or shareholder approvals. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, except as required by law. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Yahoo
27-05-2025
- Business
- Yahoo
Canada Nickel Closes Previously Announced $20 million Convertible Note with Taykwa Tagamou Nation
TORONTO, May 27, 2025 /CNW/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce the closing of the $20 million Convertible Note with Taykwa Tagamou Nation ("TTN") previously announced on December 16, 2024. The investment marks the largest known direct equity investment by a First Nation in a Canadian critical minerals company to date and reflects a shared commitment to long-term partnership, economic self-determination, and responsible resource development. This milestone further solidifies Canada Nickel's relationship with TTN, who is already a development partner in both the Crawford Nickel Sulphide Project and associated infrastructure, including the power transmission line and electric haul fleet. "This transaction is a significant step forward for both TTN and Canada Nickel, said Chief Bruce Archibald of Taykwa Tagamou Nation. "It demonstrates what's possible when First Nations are meaningfully included as equity partners with real decision-making authority. We are proud to make this investment on behalf of our community—one that supports long-term economic benefit while advancing sustainable development on our Traditional Territory." Deputy Chief Derek Archibald of Taykwa Tagamou Nation added, "TTN has worked hard over the years to build our economic strength—through investments in infrastructure, project development, and governance. This agreement is a reflection of that work and the trust we've built with Canada Nickel. From the beginning, the Company has demonstrated a genuine commitment to transparency, collaboration, and shared benefit. We're proud to continue this journey together, grounded in respect and true partnership." "We are honoured to have Taykwa Tagamou Nation as long-term partners in the development of Crawford and the broader Timmins Nickel District", said Mark Selby, CEO of Canada Nickel. TTN has been a pivotal partner from the very beginning—supporting critical infrastructure, shaping project development, and now playing a key role as we unlock the overall potential of the District. This investment is a reflection of TTN's vision, leadership, and commitment to co-developing projects that deliver generational benefits—for their Nation, for the North, and for Canada's clean energy economy." Convertible Note The $20 million secured Convertible Note (the "Note") will have a five-year term from closing. The coupon has been adjusted from a fixed 4.75% to a coupon of 6.15% per annum paid quarterly prior to conversion to reflect TTN's financing cost. The Note provides TTN with the right to convert into 16.67 million common shares (at a conversion price of $1.20 per share), representing an 7.9% equity interest in the Company (based on Canada Nickel's current issued and outstanding share capital of 193,590,725 common shares). TTN will also have a right to one seat on the Company's Board of Directors for so long as it holds the Convertible Note or, after conversion, at least 7.9% of the Company's shares. About Canada Nickel Company Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high-growth electric vehicle and stainless-steel Nickel is currently anchored by its 100% owned flagship Crawford Nickel Sulphide Project in the emerging Timmins Nickel District. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero NickelTM, NetZero CobaltTM, NetZero IronTM and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. For further information, please contact: Mark Selby, CEO Phone: 647-256-1954 Email: info@ Media, please contact:Sydney OakesDirector of Indigenous Relations and Public AffairsPhone: 905-929-7151Email: sydneyoakes@ Cautionary Statement Concerning Forward-Looking Statements This press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward looking information includes, but is not limited to, drill and exploration results relating to the target properties described herein (the "Properties"), the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, the potential of the Crawford Nickel Sulphide Project and the Properties, timing and completion (if at all) of mineral resource estimates, the ability to sell marketable materials, strategic plans, including future exploration and development plans and results, corporate and technical objectives, and the completion of assays, follow-up geophysics and further drilling. Forward-looking information is necessarily based upon several assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Factors that could affect the outcome include, among others: future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities (known and unknown), general business, economic, competitive, political and social uncertainties, results of exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to obtain regulatory or shareholder approvals. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, except as required by law. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. View original content to download multimedia: SOURCE Canada Nickel Company Inc. View original content to download multimedia: Sign in to access your portfolio
Trade Arabia
28-04-2025
- Business
- Trade Arabia
TTN showcases groundbreaking digital edition at ATM
Travel and Tourism News (TTN), the leading voice of the region's travel trade, is making a strong statement at this year's Arabian Travel Market (ATM), which opens today in Dubai. TTN will be showcasing its newly launched immersive digital edition — a first-of-its-kind platform in the region, offering rich, multi-media content to the global travel community. Visitors to ATM can experience the new digital edition firsthand at TTN's dedicated stand, where the publication has installed a large-format screen to display its interactive content. In addition, TTN is proud to announce the launch of its Arabic language edition at the show, further extending its reach to a wider audience across the Middle East and beyond. The immersive edition combines traditional storytelling with engaging video, dynamic visuals, and integrated links, offering a bold new way to consume travel and tourism news. The launch marks a major milestone for TTN as it continues to evolve with the needs of a tech-savvy global audience. The immersive format is designed not only to inform, but to inspire deeper engagement among readers, advertisers, and the broader travel community. Global distribution The launch of the new multimedia digital editions coincide with the implementation of a worldwide distribution initiative where the digital editions are now being circulated to over 100,000 travel trade professionals in over 20 countries bringing the Middle East's travel and hospitality industry to a readership and viewership of travel trade individuals with a serious interest in this region. With over four decades of trusted reporting, TTN's participation at ATM underlines its commitment to innovation and leadership in the region's travel industry. The TTN team will also be hosting live demonstrations and meetings at their stand throughout the event, welcoming partners, advertisers, and industry stakeholders to explore future opportunities in digital storytelling.
Trade Arabia
28-04-2025
- Business
- Trade Arabia
Global travel community unites in Dubai as ATM opens
The global travel community descended on Dubai today as the 32nd edition of Arabian Travel Market (ATM) swung open its doors at Dubai World Trade Centre. With more than 2,800 exhibitors and over 55,000 travel professionals from 166 countries, ATM 2025 is buzzing with ideas, innovation, and fresh opportunities shaping the future of tourism. Under the theme "Global Travel: Developing Tomorrow's Tourism Through Enhanced Connectivity," the event spotlights how cross-border and cross-industry collaboration is creating a more sustainable, inclusive, and interconnected travel landscape. Reflecting its growing international appeal, 67% of exhibitors hail from global markets, while 33% represent the Middle East. Your favourite travel trade magazine TTN is showcasing its immersive multi-media digital edition as well as the newly launched Arabic edition at its stand (HC3004). "ATM 2025 is on track to break records in both attendance and exhibitor numbers," said Danielle Curtis, Exhibition Director for the Middle East, Arabian Travel Market. "We're thrilled to welcome travel professionals from every corner of the industry — from leisure and luxury to business events and corporate travel." The show has extended to two additional halls this year and will deliver the ATM Conference Programme across three dynamic content stages - the Global Stage, Future Stage and Business Events Stage. "I'm particularly looking forward to IBTM@ATM, a dedicated business events zone, and ATM Travel Tech, which highlights the transformative role of technology in shaping the future of the industry,' she said. Asia stands out as the fastest-growing region at ATM, with exhibitor participation rising by an impressive 20% year-on-year. This growth has been driven by factors including enhanced regional connectivity and strengthened ties with international markets. ATM will feature a diverse range of Asian destinations, including Japan, Macao, the Maldives, Mauritius, South Korea, Thailand, India, Indonesia, Malaysia and the Philippines highlighting the region's increasing influence in global travel. As India's tourism industry achieves notable growth, the country's presence at ATM has increased by 30% this year, driven by a strong presence from exhibitors including the regional tourism boards from Goa, Karnataka, Madhya Pradesh and Uttar Pradesh and airline carriers such as Air India and Air India Express. International markets account for over 52% of visitor registrations, with UAE and GCC visitors contributing significantly to the total figures, accounting for 48%. The top five registered international markets for ATM 2025 are India, Egypt, UK, Türkiye and USA, underscoring the event's wide-reaching appeal across key global markets. Philip Barnes, Chief Executive Officer, Rotana said, 'Once again Rotana is delighted to be the official registration partner for ATM. As a home grown brand, Rotana views ATM as an exciting opportunity to showcase the region, and our strong partnerships within the industry.' Reflecting the travel industry's total convergence with technology and innovation, ATM Travel Tech is larger than ever, with an increase of over 23% in the number of products presented at the event. A rapidly growing segment running parallel to ATM, ATM Travel Tech offers insights into the innovative technologies shaping the travel and hospitality sector, features thought-provoking discussions on the Future Stage, and will span both Hall 1 and Za'abeel Hall 3 at this year's event. On the opening day of ATM, Cassie Kozyrkov, CEO of Kozyr and a globally renowned speaker in AI and Google's first Chief Decision Scientist, will lead an insightful session on the Future Stage, entitled 'AI adoption: From Buzzwords to Business Strategy', she will explore why organizations struggle with AI adoption, identify the biggest challenges in the field, and discuss the implications of AI for the future. ATM Travel Tech will house the new Start-Up and Innovation Zone, which will showcase the next wave of travel pioneers and feature an immersive VR experience that promises to provide visitors with a new perspective on the possibilities within the industry. For the fourth consecutive year, ATM will host the Start-Up Pitch Battle, spotlighting the most innovative minds in the Middle East. A significant highlight of ATM 2025 is the launch of IBTM@ATM, a dedicated zone to connect business event buyers with a wide range of exhibitors, including venues and hotels, convention bureaus, tourism boards, airlines and more. At the heart of this new feature is the Business Events Stage, which will host a series of insightful sessions throughout the show, exploring strategies to unlock growth and opportunities in business events and corporate travel.
