TORONTO, Sept. 4, 2024 /CNW/ - Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce it is presenting at the Red Cloud webinar series today at 2:00 PM Eastern. To enable your attendance at the webinar, please register by clicking on the following link: https://redcloudfs.com/events/rcwebinar-pnpn-2/.
"Fall is now upon us, and with additional results from our busy summer drilling program, we have an even clearer picture of our Nisk Project. Our drilling crews have been hard at work and making some amazing progress that we will discuss, together with our plans for the balance of the year," commented Power Nickel CEO Terry Lynch.
Figure 1: 3D view of the Lion Discovery Zone highlighting the location of holes PN-24-050 and PN-24-060. The figure also illustrates the current interpretation of its geometry, as well as the vast open ground area that could potentially be host of more than one of these mineralized zones. (CNW Group/Power Nickel Inc.)
"We will also be talking about why it's an exciting and opportune time to be a mining investor. It's go time!" Lynch commented. "To this end, Power Nickel also announces a series of selected marketing initiatives designed to ensure our developing story effectively reaches the investor community."
Retained Capital 10X to produce a series of videos and management interviews over the coming year to showcase Power Nickel and the Nisk Polymetallic Project across social media and at the Grizzle Mining Conferences, at a cost of $7500 per month for the next 12 months.
Engaged The Market Mindset Investment Media to do a series of video posts and management interviews and to produce original articles for social media and inclusion in their investment newsletter, at a cost of $50,000 for 6 months starting September 1st.
Engaged Empire Market Ventures for Investor awareness and a marketing service agreement through the balance of 2024. They will create content for use in social media campaigns and actively support the Company's messages in financial forums across the Internet, at a cost of $150,000 USD.
Engaged Resource Stock Digest to conduct a series of interviews and distribute these interviews and our news releases to the Resource Stock Digest subscriber base, at a cost of $40,000 USD.
These initiatives are to increase general awareness of the Company and its projects.
Qualified Person
Kenneth Williamson, Géo, M.Sc., VP Exploration at Power Nickel, is the qualified person who has reviewed and approved the technical disclosure contained in this news release.
About Power Nickel Inc.
Power Nickel is a Canadian junior exploration company focusing on developing the high-grade Nisk project into Canada's first Carbon Neutral Nickel mine.
The NISK property comprises a significant land position (20 kilometers of strike length) with numerous high-grade intercepts. Power Nickel is focused on expanding the historical high-grade nickel-copper PGE mineralization with a series of drill programs designed to test the initial Nisk discovery zone and to explore the land package for adjacent potential Nickel deposits.
In addition to the Nisk project, Power Nickel owns significant land packages in British Colombia and Chile. The Company is in the process of reorganizing these assets in a related vehicle, through a Plan of Arrangement that will be presented to Power Nickel shareholders of record for their approval.
To obtain Power Nickel's Corporate Presentation, please use the link below:
powernickel.com/corporate_presentation.pdf
For further information, readers are encouraged to contact:
Power Nickel Inc. The Canadian Venture Building 82 Richmond St East, Suite 202 Toronto, ON
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
This message contains certain statements that may be deemed "forward-looking statements" concerning the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential," "indicates," "opportunity," "possible" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, among others, the timing for the Company to receive the summer program assays; raise sufficient capital to fund its obligations under its property agreements going forward; to maintain its mineral tenures and concessions in good standing; to explore and develop its projects; changes in economic conditions or financial markets; the inherent hazards associates with mineral exploration and mining operations; future prices of nickel and other metals; changes in general economic conditions; accuracy of mineral resource and reserve estimates; the potential for new discoveries; the ability of the Company to obtain the necessary permits and consents required to explore, drill and develop the projects and if accepted, to obtain such licenses and approvals in a timely fashion relative to the Company's plans and business objectives for the applicable project; the general ability of the Company to monetize its mineral resources; and changes in environmental and other laws or regulations that could have an impact on the Company's operations, compliance with environmental laws and regulations, dependence on key management personnel and general competition in the mining industry.
Power Nickel Inc. Logo (CNW Group/Power Nickel Inc.)
