TORONTO, Sept. 17,
2024 /CNW/ - Canada Nickel Company Inc.
("Canada Nickel" or the "Company") (TSXV: CNC)
(OTCQX: CNIKF) has announced the appointment of an Advisory
Board for NetZero Metals Inc. to support the advancement of its
nickel, stainless-steel and alloy processing facilities that are
planned for the Timmins District.
The Company also announced the appointment of Scott Lauschke as Vice-President Business
Development with NetZero Metals.
The Advisory Board will include Dr. Ulrich Albrecht Frueh, Boyd Davis, Christian
Hempel, and Tony Warner.
These industry experts bring a wealth of experience in the nickel,
stainless and alloy steel sectors.
Canada Nickel Company's Chief Executive Officer, Mark Selby, said, "Today's announcement is a
significant endorsement of our downstream processing initiatives.
NetZero Metals has assembled an impressive advisory board with
extensive metallurgical, stainless and alloy steel experience. We
are thrilled to welcome Scott to the team as Vice-President of
NetZero Metals. His extensive experience in the stainless and alloy
steel market complements our nickel industry experience. Scott and
the Advisory Board will be instrumental as we progress our
downstream processing projects through the Feasibility Study stage
and ultimately into production."
Biographies:
Dr. Ulrich Albrecht Frueh has
over 35 years stainless steel industry experience, during which
time he held senior leadership and board positions in North America and Europe at Thyssenkrupp and Outokumpu and led
the development of the latest large scale greenfield stainless
steel operation in North America.
Ulrich works as an international management consultant, speaker and
mentor and he serves on Boards of Directors across a range of
industries.
Boyd Davis has over thirty
years experience in the field of new process development.
Boyd is Principal at Kingston Process Metallurgy Inc. which
provides process development and optimization, through contract
research and development services to chemical, mining, and
metallurgical industries. Kingston Process Metallurgy has played an
important role in the development of Canada Nickel's IPT
Carbonation and nickel processing processes.
Christian Hempel is
Chief Executive Officer at Hempel Intermétaux S.A, a Swiss-based
trading company in a variety of commodities with over 30 years of
experience in the industry. Christian has served as president of
the International Iron Metallics Association, where he successfully
merged IPIA and HBIA into IIMA, which elevated the
organisation to be one of the leaders in the global iron and metals
industry.
Tony Warner has over
50 years of base metal pyrometallurgical industrial experience in
Operations, R&D and Engineering, retiring in 2005 from Inco Ltd
(now Vale) after 35 years. Since 2005, he has worked for Worley
Toronto and is currently Director of Metallurgy Smelting and
Refining.
Scott Lauschke has joined
as Vice-President Business Development. He is a metallurgical
engineer with 27 years experience in stainless and alloy steels. He
has held senior leadership roles in sales and market development
with steel companies including AK Steel (now Cleveland Cliffs), and
Timken Steel (now Metallus), and Republic Steel.
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 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. Canada
Nickel is currently anchored by its 100% owned flagship Crawford
Nickel Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. For more information,
please visit www.canadanickel.com.
For further information, please
contact:
Mark Selby, CEO
Phone:
647-256-1954
Email: info@canadanickel.com
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, the construction of
processing facilities, the ability of the Company to deliver nickel
required to feed the high growth electric vehicle and stainless
steel markets, and the development of processes to allow the
production of net zero carbon nickel, cobalt, and iron products.
Readers should not place undue reliance on forward looking
statements. Forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements of Canada Nickel to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements. There are no assurances that Crawford will be placed
into production. Factors that could affect the outcome include,
among others: inability to repay the loan or comply with the
covenants set out in the loan agreement; the actual results of
development activities; project delays; inability to raise the
funds necessary to complete development; general business,
economic, competitive, political and social uncertainties; future
prices of metals or project costs could differ substantially and
make any commercialization uneconomic; availability of alternative
nickel sources or substitutes; actual nickel recovery; conclusions
of economic evaluations; changes in applicable laws; changes in
project parameters as plans continue to be refined; accidents,
labour disputes, the availability and productivity of skilled
labour and other risks of the mining industry; political
instability, terrorism, insurrection or war; delays in obtaining
governmental approvals, necessary permitting or in the completion
of development or construction activities; mineral resource
estimates relating to Crawford could prove to be inaccurate for any
reason whatsoever; additional but currently unforeseen work may be
required to advance to the feasibility stage; and even if Crawford
goes into production, there is no assurance that operations will be
profitable. Although Canada Nickel has attempted to identify
important factors that could cause actual actions, events or
results to differ materially from those described in
forward-looking statements, there may be other factors that cause
actions, events or results to differ from those anticipated,
estimated or intended. Forward-looking statements contained herein
are made as of the date of this news release and Canada Nickel
disclaims any obligation to update any forward looking statements,
whether as a result of new information, future events or results or
otherwise, except as required by applicable securities laws.
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.
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SOURCE Canada Nickel Company Inc.