PRNewsWire
24 Jun 2026, 10:45 UTC · 2h ago
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Canada Nickel has appointed SB1 Markets as exclusive advisor to arrange up to US$600 million in debt financing to monetize Investment Tax Credits for the Crawford Nickel Project. — Securing a significant debt facility for over half of the required equity capital substantially reduces funding risk for the project's construction.
+0.60A final permitting decision for the project is expected shortly. — Permitting is a critical binary risk factor for mining projects; a positive decision is a prerequisite for the project to move forward.
+0.40The company expects a final investment decision (FID) on the Crawford project in 2027, with financing to be arranged by the end of 2026. — Provides a concrete timeline for project progression, though the 2027 date is a mid-term catalyst rather than an immediate one.
+0.30Which stocks this story touches
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The company is moving forward with a significant $600 million financing facility to fund its flagship Crawford Nickel Project.
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