New pure-play nickel/cobalt company to start trading on TSX-V

The TSX-V has approved the listing of Canada Nickel Company, which will begin trading on the exchange on Friday.

Canada Nickel owns the Crawford nickel/cobalt sulphide project, which was spun out of TSX-V-listed Noble Mineral Exploration.

Noble announced the transfer of Crawford, in Ontario, to Canada Nickel in November last year.

"This is an exciting time to be launching an entirely new pure play nickel/cobalt company as the global demand for electric-vehicle battery components shifts into high gear," said chairperson and CEO Mark Selby.