North American Nickel (TSX.V:NAN) is a mineral exploration company whose flagship property is the Maniitsoq property in Greenland. Maniitsoq is a district scale project covering numerous high-grade nickel-copper sulphide occurrences. The 70km plus long belt is situated along, and near, the southwest coast of Greenland, which is ice free year round.




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North American Nickel Announces Preliminary Prospectus Filing in Connection with Proposed Equity Financing

North American Nickel Inc. has filed a preliminary short form prospectus in connection with a proposed marketed offering of units of the company for gross proceeds of up to $15-million. The offering will be conducted on a best-effort basis through Paradigm Capital Inc. acting as agent.


The offering will be priced in the context of the market with the specifics of the offering to be determined at the time of pricing.


The company intends to use the net proceeds of the offering for the commencement of a work program and additional exploration and drilling activities to be completed at the company's Maniitsoq project in Greenland, as well as for general corporate and working capital purposes.


The offering is being made pursuant to a short form prospectus filed in each of the provinces of British Columbia, Alberta, Manitoba and Ontario. A copy of the preliminary short form prospectus, which contains important information relating to the units, is available on SEDAR. There will not be any sale or any acceptance of an offer to buy the units until a receipt for the final prospectus has been issued.


The offering is expected to close on or about May 4, 2017, or on such later date as the company and the agent may agree upon, and is subject to certain customary conditions and regulatory approvals, including the approval of the TSX Venture Exchange and the entering into by the company and the agent of an agency agreement.


About North American Nickel Inc.


North American Nickel is a mineral exploration company with 100-per-cent-owned properties in Maniitsoq, Greenland, and Sudbury, Ont.


The Maniitsoq property in Greenland is a camp-scale project comprising 2,985 square kilometres covering numerous high-grade nickel-copper sulphide occurrences associated with norite and other mafic-ultramafic intrusions of the Greenland norite belt.


The Post Creek/Halcyon property in Sudbury is strategically located adjacent to the past-producing Podolsky copper-nickel-platinum group metal deposit of KGHM International Ltd.


Legal Notice / Disclaimer


This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment.


Richard Mills has based this document on information obtained from sources he believes to be reliable but which has not been independently verified.


Richard Mills makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of Richard Mills only and are subject to change without notice. Richard Mills assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this Report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission.


Furthermore, I, Richard Mills, assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information provided within this Report.

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