First Nickel Plans CAD$30 Million Project Loan Facility



August 25th, 2010 | File Under : Investment - Metals & Mineral - Nickel

First Nickel Inc. is pleased to announce that it has entered into an engagement letter to appoint Societe Generale and Commonwealth Bank of Australia to act as exclusive lead arrangers for a senior secured project loan facility up to CAD$30 million. Any commitment by either Lead Arranger will be subject to, among other things, internal credit approval, due diligence, receipt of any government and regulatory approvals and definitive legal documentation, including the provision of a separate commitment letter.

An initial cash arrangement fee was paid to the Lead Arrangers upon signing of...

SNS Sign LoI To Acquire 100 percent Northern Nickel Mining Inc.



October 19th, 2009 | File Under : Companies - Mining Exploration - Nickel

sns_silver_logoNS Silver Corporation has entered into a Letter of Intent pursuant to which SNS has received the exclusive option to acquire 100% of Northern Nickel Mining Inc.’s interest in the Golden Rose Mine consisting of 15 mining leases and 31 mining claims located in Afton and Scholes Townships in the Sudbury Mining District of. Ontario.