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Stocks in play: Canada Nickel Company Inc.
Today announced receipt of a Letter of Interest from Export Development Canada, signed on August 30, stating its interest in providing long-term debt financing of up to US$500 million of project debt, as Mandated Lead Arranger, for development of the Crawford Nickel Sulphide Project in Timmins, Ontario. EDC could consider a debt tenor of up to 18 years, subject to certain conditions. EDC's participation in the Project financing is subject to the successful completion of its rigorous due diligence process. Canada Nickel Company Inc. shares V.CNC are trading unchanged at $0.99.
