North American Nickel Inc.
OTC Bulletin Board : WSCRF

North American Nickel Inc.

September 07, 2010 17:17 ET

North American Nickel Grants Incentive Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 7, 2010) - North American Nickel Inc. (OTCBB:WSCRF)(CUSIP: 65704T 108) is pleased to announce that it has granted incentive stock options to certain directors, officers, employees, consultants and advisors of the Company to purchase up to 3,300,000 common shares in the capital of the Company pursuant to the Company's stock option plan. The options are exercisable, on or before August 27, 2015, at an exercise price of $0.10 per share.

About North American Nickel

North American Nickel is a mineral exploration company with properties in the Sudbury, Ontario and Thompson, Manitoba mining camps. The Company's initial focus is on two Sudbury, Ontario properties. The Post Creek property is strategically located adjacent to the producing Podolsky copper-nickel-platinum group metal deposit of Quadra FNX Mining. The property lies along the extension of the Whistle Offset dike structure, which is a major geological control for Ni-Cu-PGM mineralization. The Bell Lake property is a 256-acre property that covers approximately one kilometre of the Mystery Offset dike or MOD. The MOD is interpreted to be an extension of the Worthington Offset dike which is a 10 to 11 kilometre-long mineralized structure that extends from the southwest margin of the Sudbury igneous complex. The Company also has option to acquire 100% ownership in the Woods Creek and Halcyon properties in the Sudbury area; and has acquired 100% ownership in the high-grade Ni-Cu-PGE South Bay property near Thompson, Manitoba and the large grassroots Thompson North and Cedar Lake properties, which are part of the world-class Thompson Nickel Belt in Manitoba.

Statements about the Company's future expectations and all other statements in this press release other than historical facts are "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and as that term defined in the Private Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from the expected results.

Contact Information

  • North American Nickel Inc.
    Rick Mark
    CEO and Chair
    604-986-2020 or Toll free: 1-866-816-0118