Flying Nickel Mining Corp.
FLYN.V
Toronto Stock Exchange Ventures0.06
CAD
+0.01
- -
Flying Nickel Mining Corp.
FLYN.V
(Toronto Stock Exchange Ventures)
Recent
price
0.06
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Flying Nickel Mining Corp. is an exploration-stage mining company primarily focused on vanadium and critical mineral resources. It owns a 100% interest in the Gibellini vanadium project located in Nevada, United States, and until recently held the Minago nickel project in Manitoba, Canada, which featured significant nickel and platinum group metals resources. The company’s core activities include exploration and development of vanadium and nickel sulfide mineral deposits, with product offerings centered around vanadium concentrates and nickel alongside associated minerals such as platinum, palladium, and gold. Flying Nickel operates mainly in North America, targeting strategic minerals essential for clean energy and industrial applications. Founded in 2016 and headquartered in Vancouver, British Columbia, Canada, Flying Nickel has recently undergone significant strategic transformation. In a major corporate change effective November 5, 2024, Flying Nickel Mining Corp. rebranded to CleanTech Vanadium Mining Corp., reflecting a strategic shift to focus primarily on vanadium as a critical clean energy metal. This renaming followed the approval by shareholders of the sale of its Minago nickel project assets to the Norway House Cree Nation, completed in October 2024. Concurrently, the company finalized the acquisition of Nevada Vanadium Mining Corp., expanding its geographic footprint and diversifying its asset base into the vanadium sector in the United States. This move positions the company to capitalize on the rising global demand for vanadium amid constrained supply environments. The combined entity aims to enhance financing opportunities, operational scale, and market liquidity while focusing on the development and production of vanadium from the Gibellini project. Alongside these changes, new corporate leadership appointments were made, and financing rounds were completed to support the transition and growth strategy. These developments mark Flying Nickel’s evolution from a nickel-focused miner to a diversified clean technology mineral producer specializing in vanadium with operations spanning Canada and the U.S. markets.