Canada Nickel Secures US$32 Million Bridge Loan from Auramet International

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Canada Nickel Company Inc. has entered into a US$32 million bridge loan facility with Auramet International, Inc., expected to close on or before February 9, 2026. The loan, which matures on May 9, 2026, carries an interest rate of 1% per month and includes a 2.5% arrangement fee. Upon closing, Auramet will receive 1,750,000 one-year warrants with an exercise price set at a 5% premium to the recent five-day volume weighted average price of Canada Nickel’s shares. The funds will be used to advance the Crawford Nickel Sulphide Project and to repay an existing loan with Ber Tov Capital Corporation. Completion of the facility is subject to customary conditions and approval from the TSX Venture Exchange.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Canada Nickel Company Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: TO82468) on February 06, 2026, and is solely responsible for the information contained therein.