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Off-market insider buying at Class 1 Nickel and Tech. (C:NICO)

Updated Friday Dec 31, 2021 02:02 AM EDT

David Leo Fitch, a Director and 10% Holder, acquired 7,000,000 Common Shares on a control or direction basis for registered holder CL Fitch Pty Ltd. Caelan Fitch Family Trust at a price of $0.210 through a prospectus or prospectus exempt offering on December 30th, 2021. This represents a $1,470,000 investment into the company's shares and an account share holdings change of 17.5%.

Class 1 Nickel and Tech. is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Class 1 Nickel and Technologies Limited is a Canada-based mineral resource company. The Company is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its 100% owned Alexo-Dundonald Project is an exploration stage, past-producing nickel-copper-cobalt sulfide project, located approximately 45 kilometers (km) northeast of the city of Timmins, Ontario. It combines the Alexo-Kelex and Dundonald properties and consists of approximately 29 patented claims, 40 leased claims, 21 single cell mining claims and five boundary cell mining claims. Its Somanike Project is located approximately 25 km north of the mining center at Malartic, 40 km northwest of Val-d'Or, and 60 km east of Rouyn-Noranda. It consists of approximately 148 mining titles covering 6882 hectares, including the Marbridge Mine. Its River Valley PGE Project is in Crerar and Dana townships, approximately 60 km east-northeast of Sudbury in northeastern Ontario.

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Go to Class 1 Nickel and Technologies Limited (NICO)'s company page

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