Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Canickel Mining ( (TSE:CML) ) has provided an announcement.
CaNickel Mining Limited is seeking minority shareholder approval for delisting its common shares from the TSX Venture Exchange at its upcoming Annual General and Special Meeting. The delisting requires majority approval from minority shareholders, excluding significant stakeholders like King Place Enterprises Limited and Hebei Wenfeng Industrial Group. Additionally, the company has appointed James Dai as the new Chief Financial Officer, succeeding Jerry Zhang, with Shirley Anthony assuming the role of Corporate Secretary.
More about Canickel Mining
CaNickel Mining Limited is a Canadian junior mining company that owns the Bucko Lake Mine near Wabowden, Manitoba. The mine is currently on care and maintenance, having produced 6.9 million pounds of nickel from 2009 to 2012 before being halted due to low nickel prices.
Average Trading Volume: 39,734
Technical Sentiment Signal: Sell
Current Market Cap: C$1.13M
For a thorough assessment of CML stock, go to TipRanks’ Stock Analysis page.