Flying Nickel and Nevada Vanadium Complete Merger

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Algemeen advies 17/08/2024 06:52
Vancouver, British Columbia--(Newsfile Corp. - August 16, 2024) - Flying Nickel Mining Corp. (TSXV: FLYN) (OTCQB: FLYNF) ("Flying Nickel" or the "Company") and Nevada Vanadium Mining Corp. ("Nevada Vanadium") are pleased to announce the successful completion of the previously announced plan of arrangement (the "Arrangement" or the "Merger") effective August 16, 2024 whereby Flying Nickel has acquired 100% of the issued and outstanding common shares of Nevada Vanadium (the "NVMC Shares") and Nevada Vanadium has become a wholly owned subsidiary of Flying Nickel.

Pursuant to the Arrangement, Nevada Vanadium shareholders (the "NVMC Shareholders") received one common share of Flying Nickel (each whole share, a "Flying Nickel Share") for each NVMC Share held. In aggregate, Flying Nickel issued approximately 65,893,359 Flying Nickel Shares under the Arrangement.

Board of Directors and Management

Flying Nickel's board of directors post-Merger consists of four directors, including Greg Hall, Masa Igata, Neil Duboff, and John Lee.

The senior management team of Flying Nickel post-Merger includes John Lee as Chief Executive Officer, Ron Espell as President, Robert Van Drunen as Chief Operating Officer, Andrew Yau as Chief Financial Officer, and Marion McGrath as Corporate Secretary.

Nevada Vanadium's board of directors now consists of one director, being Greg Hall. No officers have been appointed for Nevada Vanadium.
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https://www.newsfilecorp.com/release/220292/



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