The health and safety of our employees and the public are paramount to FNI's success. We have developed and communicated procedure that will ensure a safe and healthy working environment for all our employees and contractors.
Lockerby mine reached full production levels in Q1 2013 and is expected to hit its production target of between 13.5 and 15.1 million pounds of contained nickel in 2014.
FNI will continue to build its various grassroots' pipelines to advance projects through exploration, discovery, and acquisition.
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TORONTO: August 20, 2015. First Nickel Inc. (“First Nickel”, “FNI” or the “Corporation”) (TSX: FNI) announces that, effective August 20, 2015, with the agreement of the Corporation, on application by its principal secured lender, the Ontario Superior Court of Justice made an Order appointing KSV Kofman Inc. (“KSV” or the “Receiver”) as the receiver of First Nickel Inc. under the Bankruptcy and Insolvency Act (Canada).
The appointment of KSV follows extensive discussions between the Corporation and its secured lenders. As a result of the appointment of the Receiver, all of the directors of First Nickel have resigned and Mr. Boehlert has also resigned as President and Chief Executive Officer. All members of management of the Corporation have agreed to remain available to assist the Receiver.
All inquiries about this matter should be directed to the Receiver. Court materials are available on the Receiver’s website at www.ksvadvisory.com.
For further information about the full Salvage program now underway at the Lockerby mine, potential bidders should immediately contact Sean Samson at email@example.com.
Site visits, to review available mining equipment, are scheduled for August 25th, with bids due on August 27th. Please contact Sean Samson to register interest.