Nickel North Exploration Corp. (V:NNX)
Business Focus: Specialty Mining & Metals (NEC)
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Insider Filings
Latest 10 SEDI filings for NNX within the last 6 months
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Company News
Apr 01, 2024 16:41 ET
Nickel North Signs $100,000 Loan Agreement with Its Major Shareholder and Renews 15 Mineral Claims to 2026
Vancouver, British Columbia--(Newsfile Corp. - April 1, 2024) - Nickel North Exploration Corp. (TSXV: NNX) (the "Company") has entered into a loan agreement with SinoTech (Hong Kong) Corporation Limited ("SinoTech") for a loan (the "Loan") to the company in the principal amount of $100,000 for a term of one year. The principal amount will bear interest at a fixed rate of 10 per cent per annum. The Loan is unsecured and the Company did not pay any bonus to SinoTech in connection with the Loan.
Mar 02, 2024 15:11 ET
Nickel North Terminates Option Agreement with 1844 to Sell up to 100% Interest in Hawk Ridge
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2024) - Nickel North Exploration Corp. (TSXV: NNX) ("Nickel North" or the "Company") wishes to announce that the option agreement originally dated March 6, 2023, as amended by the amended and restated option agreement dated November 27, 2023 and extended by an extension letter agreement dated January 30, 2024 (collectively the "Option Agreement") with 1844 Resources Inc. ("1844"), pursuant to which the Company was to sell a 100% undivided interest in the Hawk Ridge nickel-copper project comprised of 411 mineral claims covering 179 km2 in the Ungava Bay on the east coast of Quebec (the "Hawk Ridge Project") has terminated effective February 29, 2024 due to market conditions.
Valuation Ratios
Industry
Sector
Beta
1.89
--
--
Price to Sales - TTM
--
5.53
4.51
Price to Book - most recent quarter
--
1.96
1.98
Price to Cash Flow per share - TTM
--
12.46
9.58
Price to Free Cash Flow per share - TTM
--
11.73
20.17
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 1,392 | 707 |
| Mar 31, 2024 | 685 | 125 |
| Mar 15, 2024 | 560 | -1,731 |
Business Summary
| Sector: Basic Materials | Industry: Specialty Mining & Metals |
Nickel North Exploration Corp. is a Canada-based exploration company. The Company is focused on Cu-Ni-Co-PGE mineral resource at its Hawk Ridge Project in Northern Quebec. The Company is engaged in the acquisition, exploration, and evaluation of mineral property interests in Canada. It holds interest in Hawk Ridge Property. The Hawk Ridge Property is strategically situated on tidewater in Ungava Bay, Northern Quebec and is located near the northern end of the Labrador Trough (New Quebec Orogen). The 396 contiguous mineral claims cover 17,300 hectares along a 48.7 kilometers belt of mafic to ultramafic intrusive, volcanic, and sedimentary rocks.
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