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Message: TSXV-listed North American Nickel Near 52 Week Lows as Finalizes Details for Exclusive Watershed Prospecting Licence in Greenland

TSXV-listed North American Nickel Near 52 Week Lows as Finalizes Details for Exclusive Watershed Prospecting Licence in Greenland

posted on Jul 14, 2017 12:36PM

 

 
2017-07-14 08:38:29 AM ET (MT Newswires)
   
   

08:38 AM EDT07/14/2017 (MT Newswires) -- North American Nickel (NAN.V) -- with stock trading on Thursday at $0.07 apiece, near a 52-week low of $0.06 -- said overnight Thursday that it has finalized its acquisition of a watershed prospecting licence that overlaps the eastern boundary of its 100% owned Maniitsoq nickel sulphide project in southwest Greenland.

The licence from Greenland's Ministry of Industry, Labour, Trade and Energy gives North American Nickel the exclusive right to assess and develop potential hydropower resources for the production of electricity. It is in force for two years and could have a three year extension.

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