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Conic Announces Change of Name to Nickel 28 & Repositions Itself as a Producer of Nickel and Cobalt
January 12, 2021 GMT
Conic Metals Corp. (“
Company ”) (TSXV:
NKL ), is pleased to provide an update on its strategic direction and announce a proposed name change to
Nickel 28 Capital Corp. to better represent its status as one of Canada’s only listed nickel producers.
As the world slowly re-emerges from COVID-19 and equities linked to base metals continue to move higher, we have considered the need to reposition the Company and update our shareholders in greater detail regarding the Company’s strategic plans and portfolio. We have observed that the Company is not consistently and/or accurately included in either nickel producer or streaming and royalty comp sets. We have contemplated why this may be, and believe that the market may not fully understand Conic’s assets and i