Premium Nickel Resources Completes "Go Public" Transaction; Closes Reverse Takeover Transaction
Retrieved on:
Wednesday, August 3, 2022
Reverse takeover, Podolsky, Nickel, Urbanization, Amalgamation, Corporation, Acquisition, Maniitsoq, Canada Business Corporations Act, LLP, Water, Post, Board, Committee, Davies Ward Phillips & Vineberg, SEDAR, Exchange, McCarthy, TSX Venture Exchange, Mining, Blake, Cassels & Graydon, Maintenance, Program, Metal, Time, Selebi, RTO, The Exchange, PNR, Ownership, Holding company, Security (finance), Oil
Toronto, Ontario--(Newsfile Corp. - August 3, 2022) - Premium Nickel Resources Ltd. (TSXV: PNRL) (formerly, North American Nickel Inc.) ("Premium Nickel" or the "Corporation") is pleased to announce the closing of its previously-announced "reverse takeover" transaction (the "RTO Transaction").
Key Points:
- Toronto, Ontario--(Newsfile Corp. - August 3, 2022) - Premium Nickel Resources Ltd. (TSXV: PNRL) (formerly, North American Nickel Inc.) ("Premium Nickel" or the "Corporation") is pleased to announce the closing of its previously-announced "reverse takeover" transaction (the "RTO Transaction").
- Following the closing of the RTO Transaction, the common shares of Premium Nickel are expected to be listed for trading as soon as next week on the TSX Venture Exchange (the "Exchange") under the symbol "PNRL".
- Earlier today, Premium Nickel completed its previously-announced RTO Transaction, whereby Premium Nickel Resources Corporation ("PNR") and 1000178269 Ontario Inc., a wholly-owned subsidiary of the Corporation, amalgamated by way of a triangular amalgamation under the Business Corporations Act (Ontario) (the "Amalgamation").
- About Premium Nickel Resources Ltd.
PNRL is a Canadian company dedicated to the exploration and development of high-quality Ni-Cu-Co resources.