Nickel 28 Announces Filing of Annual and Interim Financial Statements
Nickel 28 Announces Filing of Annual and Interim Financial Statements
Toronto, Ontario--(Newsfile Corp. - July 2, 2024) - Nickel 28 Capital Corp. (TSXV: NKL) (FSE: 3JC0) ("Nickel 28" or the "Company") today announced that it filed on June 30, 2024, its annual audited financial statements for the financial year ended January 31, 2024 ("2023 financial year") and its unaudited interim financial statements for the quarter ended April 30, 2024 ("first quarter of 2024").
安大略省多伦多——(Newsfile公司-2024年7月2日)-Nickel 28 Capital公司宣布,于2024年6月30日提交了截至2024年1月31日的财政年度的年度审计财务报表("2023年财政年度")以及截至2024年4月30日的未经审计的中期财务报表("2024年第一季度")(TSXV: NKL)(FSE: 3JC0)TSXV:NKL(FSE:3JC0) ("镍28"或"公司今天宣布:Nickel 28首席执行官Christopher Wallace说:“我们很高兴地宣布,我们的2023年财政年度的年度财务报表以及2024年第一季度的中期财务报表已提交。”该公司在Ramu镍钴项目的合资利益表现强劲。由于表现强劲,公司偿还了1,440万美元的建造债务,截至财年结束,剩余建筑债务余额为4,410万美元。这种强劲表现延续到了2024年第一季度,生产成本改善,运营利润稳定,并收到了2023年财政年度下半年的现金分红300万美元。2023年财政年度2024年第一季度我们很高兴地宣布,我们的2023年财政年度的年度财务报表以及2024年第一季度的中期财务报表已提交。").
"We are pleased to announce the filing of the annual financial statements for our 2023 financial year and the interim financial statements for the first quarter of 2024," said Christopher Wallace, Chief Executive Officer of Nickel 28. "The 2023 financial year represented another strong performance from the Company's joint venture interest in the Ramu Nickel-Cobalt Project. As a result of this strong performance, the Company repaid US$14.4 million of its construction debt, which leaves a remaining construction debt balance of US$44.1 million as of the end of the financial year. This strong performance continued into the first quarter of 2024 with improving production costs, stable operating margins and the receipt of a cash distribution for the second half of the 2023 financial year of US$3.0 million."
Nickel 28首席执行官Christopher Wallace说:“我们很高兴地宣布,我们的2023年财政年度的年度财务报表以及2024年第一季度的中期财务报表已提交。”该公司在Ramu镍钴项目的合资利益表现强劲。由于表现强劲,公司偿还了1,440万美元的建造债务,截至财年结束,剩余建筑债务余额为4,410万美元。这种强劲表现延续到了2024年第一季度,生产成本改善,运营利润稳定,并收到了2023年财政年度下半年的现金分红300万美元。
Full Year Highlights
全年亮点
Key financial and operating highlights from the Company's financial year ended January 31, 2024, and the operations of the Company's principal asset, an 8.56% joint-venture interest in the Ramu Nickel-Cobalt integrated operation in Papua New Guinea ("Ramu"), included the following:
公司在巴布亚新几内亚的Ramu镍钴综合运营中拥有8.56%的合资利益,以下是截至2024年1月31日的财政年度和该公司主要资产Ramu项目的财务和运营亮点Ramu),以下是截至2024年1月31日的财政年度和该公司主要资产Ramu项目的财务和运营亮点
- Production of 33,604tonnes of contained nickel and 3,072tonnes of contained cobalt in mixed hydroxide precipitate ("MHP"), making Ramu a significant producer of MHP globally.
- Sales of 34,122tonnes of contained nickel and 3,086tonnes of contained cobalt in MHP.
- Average cash costs, net of by-product sales, of US$3.26/lb. of contained nickel.
- Total Ramu project revenue for the year of approximately US$644 million.
- Total net and comprehensive loss of US$6.2 million (US$0.07/share).
- Financial year end cash balance of US$7.8 million.
- Full year debt repayment of US$14.4 million, with a remaining construction debt balance of US$44.1 million as at January 31, 2024.
- 混合氢氧化物中含有33,604吨镍和3,072吨钴的生产(")使Ramu成为全球重要的MHP生产商。MHP混合氢氧化物中含有33,604吨镍和3,072吨钴的生产(")使Ramu成为全球重要的MHP生产商。
- 销售的MHP中含有34,122吨镍和3,086吨钴。
- 净副产品销售后的平均现金成本为3.26美元/镍吨。
- 该年的Ramu项目总收入约为6.44亿美元。
- 今年的总净和综合损失为6.2百万美元(每股0.07美元)。
- 财年结束时现金余额为780万美元。
- 截至2024年1月31日,全年偿还债务1440万美元,建造债务余额为4410万美元。
Quarterly Highlights
本季度亮点
Key financial and operating highlights from the Company's first financial quarter ended April 30, 2024, and the operations of the Ramu project during the period included the following:
该公司在Ramu项目的合资利益占8.56%,包括截至2024年4月30日的第一财务季度和该期间Ramu项目的运营亮点
- Production of 8,282 tonnes of contained nickel and 767 tonnes of contained cobalt in MHP.
- Sales of 8,864 tonnes of contained nickel and 822 tonnes of contained cobalt in MHP.
- Average cash costs, net of by-product sales, of US$3.00/lb. of contained nickel.
- Total net and comprehensive loss of US$0.9 million (US$0.01/share).
- Financial quarter end cash balance of US$9.7 million.
- Receipt by the Company of a cash distribution of approximately US$3.0 from Ramu for its distributable share of the mine's operating surpluses for the second half of calendar 2023; and
- Total non-recourse construction debt of US$44.7 million as at April 30, 2024.
- 混合氢氧化物含量为8282吨镍和767吨钴的生产。
- 销售8,864吨含镍和822吨含钴的中间产品。
- 平均现金成本,减去副产品销售,为每磅含镍3.00美元。
- 总净和综合亏损为0.9百万美元(每股0.01美元)。
- 财季结束时现金余额为970万美元。
- 公司从Ramu获得大约3.0美元的现金分配,作为2023年下半年矿山运营盈余的可分配份额;
- 2024年4月30日时的总非回购建设债务为4470万美元。
Appointment of Chief Executive Officer and Chief Financial Officer
首席执行官和首席财务官的任命。
The Company is also pleased to announce that the Board has formally resolved to appoint Mr. Christopher Wallace, the current Interim President & Chief Executive Officer, as the full-time President & Chief Executive Officer of the Company.
公司也很高兴宣布,董事会已正式决定任命现任临时总裁兼首席执行官克里斯托弗·华莱士先生为公司的全职总裁兼首席执行官。
The Board has also formally resolved to appoint Mr. Craig Lennon, the current Interim Chief Financial Officer and Head of Asia Pacific, as the full-time Chief Financial Officer & Corporate Secretary of the Company.
董事会也正式决定任命现任临时首席财务官和亚太地区负责人Craig Lennon先生为公司的全职首席财务官兼公司秘书。
Status of Management Cease Trade Order
管理暂停交易令的状态
The Company previously announced that it had been granted a management cease trade order ("MCTO") by the Ontario Securities Commission, as principal regulator, in response to the Company's voluntary application on the basis that the Company's audited annual financial statements, management's discussion and analysis, and related certifications, all for the year ended January 31, 2024 (collectively, the "Annual Filings") would not be filed by the applicable filing deadline of May 30, 2024, as a result of the Company requiring additional time to do the work necessary for preparation and completion of the Annual Filings necessitated by the previously announced changes in management. The Company announced the issuance of the MCTO on June 3, 2024, and provided further status updates on June 13, 2024 and June 27, 2024, respectively. The MCTO prohibits the Chief Executive Officer, Chief Financial Officer and former Chief Executive Officer from all trading in securities of the Company until such time as the Annual Filings have been filed by the Company and the MCTO has been lifted. The MCTO does not affect the ability of other shareholders of the Company to trade in securities of the Company.
该公司此前发布公告称获得了安大略证券委员会(首席监管机构)发放的管理停止交易令("MCTO"),因公司提交自愿申请,该令基于公司截至2024年1月31日结束的年度审计财务报表、管理层讨论与分析报告和相关证明文件(统称“年度报告由于公司需要额外的时间来完成由先前宣布的管理层变更所必需的年度文件的准备工作和完成工作,所以申请延迟提交截止日期至2024年5月30日的申请将不会提交。公司于2024年6月3日宣布了管理暂停交易令(MCTO),并于2024年6月13日和6月27日分别提供了进一步的状态更新。MCTO禁止首席执行官、首席财务官和前首席执行官在公司证券中进行任何交易,直到公司提交年度文件并解除MCTO。MCTO不影响公司其他股东交易公司证券的能力。
As a result of the making of the Annual Filings by the Company on June 30, 2024 under its profile on SEDAR+ at , and since the terms of the MCTO provided that it would remain in effect until two full business days following the receipt by the Ontario Securities Commission ("OSC") of all filings the Company is required to make under Ontario securities law or further order of the Director of the OSC, the Company anticipates that the MCTO will be formally revoked by securities regulators in accordance with National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults on or about July 4, 2024.
由于公司在SEDAR+上的档案下于2024年6月30日递交了年度申报,并且由于MCTO的条款规定,它将保持有效,直至安大略证券委员会("(其"之后加换行))收到公司依据安大略证券法律规定提交的所有文件或证券管理局局长的进一步命令,公司预计MCTO将在2024年7月4日左右按照《国家政策12-203-》被证券监管机构正式撤销。OSCNull关于镍28Null
About Nickel 28
此新闻稿包含一些构成《加拿大证券法》适用的“前瞻性声明”和“前瞻性信息”的某些信息。本新闻稿中包含的任何不是历史事实的声明均有可能被视为前瞻性声明。本新闻稿中的前瞻性声明经常通过诸如"可能"、"应该"、"预计"、"潜在"、"相信"、"打算"或这些词的否定和类似的表达方式进行识别。在本新闻稿中包含的前瞻性声明包括但不限于:与年度报告的时机和完成有关的前瞻性信息以及MCTO的持续时间。前瞻性声明涉及已知风险和不确定因素,其中大部分超出公司的控制范围。如果构成这些前瞻性声明的潜在风险或不确定因素之一成为现实,或者构成这些前瞻性声明的假设被证明不正确,实际结果、表现或成就可能会因此有所不同,这些前瞻性声明所表达的实际结果、表现或成就可能会因此有所不同。
Nickel 28 Capital Corp. is a nickel-cobalt producer through its 8.56% joint-venture interest in the producing, long-life and world-class Ramu Nickel-Cobalt Operation located in Papua New Guinea. Ramu provides Nickel 28 with significant attributable nickel and cobalt production thereby offering our shareholders direct exposure to two metals which are critical to the adoption of electric vehicles. In addition, Nickel 28 manages a portfolio of 10 nickel and cobalt royalties on development and exploration projects in Canada, Australia and Papua New Guinea.
本次发布的前瞻性声明均为本次发布日期(除非适用证券法规定外),除适用证券法规定外,该公司不承担更新或修订这些声明的义务。本次发布的前瞻性声明受到本警示声明的明确规定。
Cautionary Note Regarding Forward-Looking Statements
关于前瞻性声明的谨慎说明
This news release contains certain information which constitutes 'forward-looking statements' and 'forward-looking information' within the meaning of applicable Canadian securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or the negative of these terms and similar expressions. Forward-looking statements in this news release include, but are not limited to forward-looking information relating to: statements and figures with respect to the operating performance of Ramu; statements with respect to production, sales and cash flow from Ramu and matters relating thereto; statements with respect to the business and assets of the Company; and the timing of revocation of the MCTO. Forward-looking statements involve known and unknown risks and uncertainties, most of which are beyond the Company's control. Should one or more of the risks or uncertainties underlying these forward-looking statements materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance or achievements could vary materially from those expressed or implied by the forward-looking statements.
本新闻发布包含某些构成“前瞻性声明”和“前瞻性信息”,适用于适用的加拿大证券法。本新闻发布中包含的任何不属于历史事实的声明,都可被视为前瞻性声明。本新闻发布中的前瞻性声明经常使用“可能”,“应该”,“预计”,“预算”,“可能”,“相信”,“打算”或这些词语及其否定形式和类似的表达方式。本新闻发布中的前瞻性声明包括但不限于与Ramu的营运业绩有关的声明和数字;与Ramu的生产、销售和现金流有关的声明;与公司业务和资产有关的声明;以及MCTO解除的时间有关的前瞻性信息。
The forward-looking statements contained herein are made as of the date of this release and, other than as required by applicable securities laws, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. The forward-looking statements contained in this release are expressly qualified by this cautionary statement.
本文中包含的前瞻性语句是截至本发布日期所作,除非适用的证券法律要求,否则公司不承担任何更新或修订以反映新事件或情况的义务。本发布中的前瞻性语句受到此警示性声明的明确限制。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No securities regulatory authority has either approved or disapproved of the contents of this news release.
TSX创业公司交易所及其监管服务提供者(如TSX创业公司政策中所定义的)不承担此公告的充分性或准确性的责任。任何证券监管机构均未批准或未批准此新闻稿的内容。
Investor Relations Contact Information:
投资者关系联系信息:
Nickel 28 Investor Relations
Attn: Brett A. Richards, Director
Tel: +1 905 449 1500
Email: info@nickel28.com
Nickel 28投资者关系
注意:董事Brett A. Richards
电话:+1 905 449 1500
电子邮件:info@nickel28.com