Independent Nickel Corp.: Shareholder Meeting Set for Hunter Dickinson Transaction
Friday, August 1st 2008
Independent Nickel Corp. announced today that, further to its announcement of a proposed transaction with the Hunter Dickinson group, it has set a meeting date of September 17, 2008 to consider the proposed $14 million financing by a private company in the Hunter Dickinson group. The record date for such meeting has been set as August 18, 2008. An information circular containing additional information regarding the transaction will be mailed to shareholders shortly after the record date.
Independent Nickel owns 100% of the Lynn Lake Nickel Mine, located in Lynn Lake, Manitoba. The Company also owns a Net Smelter Return Royalty (“NSR”) on Victory Nickel Inc.’s Minago Nickel Property, also located in Northern Manitoba. The NSR pays the Company 3% of all mineral product value when nickel prices exceed US$6/lb.
Contacts:
Independent Nickel Corp. Richard Murphy President and CEO (705) 521-8444 Email: info@independentnickel.com
Website: http://www.independentnickel.com