Member Posts > Power Nickel's Stock Surge: A $50M Boost, Big-Name Investors, and a Strategic Rebrand
Power Nickel Inc. is on an upward trajectory, fueled by a major financing boost, strong investor backing, and its upcoming rebrand.
Key Growth Catalysts:
• C$50M Private Placement Upsized - Due to demand, the company expanded its financing by C$10M to fund exploration at Nisk, a polymetallic-rich project.
• High-Profile Investor Support - With names like Robert Friedland and Rob McEwen backing the company, confidence in its future has never been stronger.
• TSXV Recognition - A 365% stock price increase over the past year has made Power Nickel the top-performing mining company on the TSX Venture Exchange.
What's Next?
The capital infusion will drive new discoveries at Nisk, solidifying Power Nickel's role in the battery metals and sustainable mining sectors. The transition to Power Metallic Mines Inc. reflects a broader vision beyond nickel.

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