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Core Nickel Corp. ( (TSE:CNCO) ) has provided an update.
Core Nickel Corp. has announced the appointment of Carmelo Marrelli as its new Chief Financial Officer, following the resignation of Harry Chan. This leadership change comes as the company is undergoing a reverse takeover process with Arizona Copper and Gold Ltd., which will result in the formation of a new entity named Arizona Eagle Mining Corp. The transaction will see Core Nickel owning 100% of ACG’s Eagle Project, including the McCabe Gold Mine in Arizona, which has significant gold and silver resources. This strategic move is expected to enhance Core Nickel’s market position and expand its operational footprint in the mining sector.
More about Core Nickel Corp.
Core Nickel is a junior nickel exploration company that controls 100% of five projects in the Thompson Nickel Belt, a prolific nickel district located in Northern Manitoba, Canada. The company is focused on discovering economic magmatic nickel-sulphide deposits.
Average Trading Volume: 84,493
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$7.47M
See more data about CNCO stock on TipRanks’ Stock Analysis page.