Class 1 Nickel & Technologies Ltd.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- David Leo Fitch
- Full Time Employees
- 5
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 82 Richmond Street East Toronto ON Canada M5C 1P1
- IPO Date
- Aug 20, 2020
- Website
- class1nickel.com
- Similar Companies
- Business
- Class 1 Nickel and Technologies Limited engages in the exploration, development, and advancement of komatiite-hosted nickel sulphide projects in Canada. The company’s core products and services focus on nickel, copper, cobalt, and platinum group elements (PGE) mineral resources primarily through its key projects: the Alexo-Dundonald Project near Timmins, Ontario, featuring four nickel sulphide deposits with NI 43-101 compliant mineral resources; the Somanike Project near Val-d’Or, Quebec, which includes the historical Marbridge nickel-copper mine; and the River Valley PGE-Cu-Ni Project located about 65 kilometers northeast of Sudbury, Ontario. Class 1 Nickel's portfolio consists of patented, leased, and mining claims covering substantial land packages in Tier 1 mining jurisdictions, offering both past-producing assets and significant exploration upside. Founded in 1989 and headquartered in Toronto, Canada, Class 1 Nickel has recently completed a focused 2025 prospecting and ground-truthing campaign at the River Valley PGE Project, augmented by an airborne geophysical survey aimed at targeting new drilling areas. The company is actively advancing the Alexo-Dundonald Project towards near-term production with ongoing brownfield and greenfield exploration to expand its resource base. In the past two years, Class 1 Nickel completed a private placement issuance of convertible debentures to support its exploration efforts and continues to leverage its strategic land position for nickel-cobalt sulphide production with an emphasis on delivering shareholder value through continued exploration success and project development. The company operates primarily within Canada’s mining sector, focusing on critical battery metals essential for clean energy technologies, serving markets that include mineral resource development and base metal mining. Its operations and exploration activities are concentrated in well-established mining regions in Ontario and Quebec, positioning it among notable junior resource companies specializing in nickel-cobalt-PGE sulphide exploration and development in North America. The recent strategic activity and ongoing project advancement signify Class 1 Nickel and Technologies Limited's commitment to sustainable resource development and growth in the critical metals sector.
Company News
Class 1 Nickel and Technologies Ltd. Announces Closing of Private Placement and Share for Debt Offering
Class 1 Nickel and Technologies Ltd. Announces Private Placement and Share for Debt Offering
Class 1 Nickel Confirms 3+ km PGE-Trend and Samples 1.11 g/t Pd+Pt+Au at the River Valley PGE-Cu-Ni Project, Ontario, Canada
Class 1 Nickel Commences 2025 Exploration Program at the River Valley PGE-Cu-Ni Project, Ontario, Canada
Class 1 Nickel Airborne Geophysical Survey Identifies Multiple New Targets at River Valley PGE-Cu-Ni Project, Ontario, Canada
Class 1 Nickel Files Updated NI 43-101 Mineral Resource Estimate for Dundonald North, Alexo-Dundonald Nickel Sulphide Project
Class 1 Nickel Completes VTEM™ Airborne Geophysical Survey, River Valley PGE-Cu-Ni Project, Sudbury, Ontario, Canada
Nickel Miners News For The Month Of March 2025
Class 1 Nickel Updates Resource Estimate on Dundonald North Nickel Sulphide Deposit – New Insights Into Significant Tonnage and Grade
Class 1 Nickel Commences Airborne Geophysical Survey at River Valley PGE Project, Sudbury, Ontario, Canada
Nickel Miners News For The Month Of January 2025
Nickel Miners News For The Month Of December 2024
Class Nickel 1 Plans to Build on 2.7Mt 1.0% Ni Resources at their Alexo-Dundonald Nickel Sulphide Project, Timmins, Canada
Nickel Miners News For The Month Of November 2024
Class 1 Nickel and Technologies Ltd. Announces Private Placement
Class 1 Nickel Announces Filing of Updated Dundonald South Mineral Resource Estimate, Alexo-Dundonald Nickel Sulphide Project
Nickel Miners News For The Month Of October 2024
Class 1 Nickel Updates Resource Estimate on High-Grade Dundonald South Nickel Sulphide Deposit – Significant Increase Over 2020 Resource Estimate
Class 1 Nickel Provides Update on Dundonald South Nickel Sulphide Deposit and the Alexo-Dundonald Advanced Nickel Sulphide Project, Timmins, Canada
Class 1 Nickel Updates Resource Estimate on High-Grade Alexo North Nickel Sulphide Deposit – Significant Increases in Indicated Resources Over the 2020 Estimate