NiCan Ltd
TSXV:NICNNiCAN Identifies Gold Target at Pipy South Project, Thompson, Manitoba NiCAN Intersects Nickel Bearing Massive Sulphides on the Pipy South Project, Thompson Manitoba NiCAN Commences Drilling on the Pipy South Project in Thompson Nickel Belt, Manitoba In a very short period of time, NiCAN has built an impressive portfolio of highly prospective and underexplored projects near Thompson and Snow Lake - Flin Flon in Manitoba, Canada. The team is systematically and methodically compiling and expanding on all available historical data. High definition geological surveys are underway at both projects with the goal of rapidly identifying near-term drill targets. NiCAN is backed by strong and experienced shareholders, with insiders owning approximately 20% of the outstanding shares.
Projects
| Project | Commodity | Location | Stage |
|---|---|---|---|
The Pipy Project is located 15 kilometres north of the world class Thompson nickel deposit. The claims cover the same geological horizon within Pipe Formation that hosts the Thompson nickel mineralization, and the horizon can be traced for over 14 kilometres wrapped around a folded structure at Pipy. | Nickel | Canada | Early exploration |
| Nickel | Canada | Early exploration |
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About NiCan Ltd
NiCan Ltd (TSXV: NICN) is a nickel-focused mineral exploration company with ground in Canada.
The company holds 2 projects on file, at the early exploration stage.
3 financings are on record, totalling approximately C$15.8M, most recently in October 2026.
20 press releases are tracked here, 6 of them financing-related, with the most recent dated Nov 4, 2026.
NiCAN Identifies Gold Target at Pipy South Project, Thompson, Manitoba NiCAN Intersects Nickel Bearing Massive Sulphides on the Pipy South Project, Thompson Manitoba NiCAN Commences Drilling on the Pipy South Project in Thompson Nickel Belt, Manitoba In a very short period of time, NiCAN has built an impressive portfolio of highly prospective and underexplored projects near Thompson and Snow Lake - Flin Flon in Manitoba, Canada. The team is systematically and methodically compiling and expanding on all available historical data. High definition geological surveys are underway at both projects with the goal of rapidly identifying near-term drill targets. NiCAN is backed by strong and experienced shareholders, with insiders owning approximately 20% of the outstanding shares.
Key facts
| Listing | TSXV: NICN |
|---|---|
| Market capitalisation | C$17.0M |
| Shares outstanding | 135.9M |
| Projects on file | 2 |
| Commodities | Nickel |
| Jurisdictions | Canada |
| Financings on record | 3 |
| Insider trades (30 days) | 0 buys, 0 sells on the open market · last filing 2026-03-12 |
Run on NiCan Ltd
Projects
| Project | Commodity | Location | Stage |
|---|---|---|---|
| Pipy Project | Nickel | Canada | Early exploration |
| Wine Project | Nickel | Canada | Early exploration |
Financing history
| Announced | Type | Amount | Warrants |
|---|---|---|---|
| Oct 19, 2026 | Private placement | C$4.0M | — |
| |||
| Mar 12, 2026 | Private placement | C$1.3M | Yes |
| Oct 15, 2025 | Private placement | C$10.5M | Yes |
Warrants attached to past raises are future dilution at a fixed price. The Warrant Overhang Radar tracks the resulting overhang, and the Dilution Tracker shows how the share count has grown.
Recent news releases
- Nov 4, 2026NiCAN Announces Closing of Non-Brokered Private Placement for Gross Proceeds of $4,050,000
- Nov 4, 2026NiCAN Announces Closing of Non-Brokered Private Placement for Gross Proceeds of $4...
- Oct 19, 2026NiCAN has Fully Allocated a Non-Brokered Private Placement for Gross Proceeds of $...
- Oct 19, 2026NiCAN has Fully Allocated a Non-Brokered Private Placement for Gross Proceeds of $4,000,000
- Oct 13, 2026NiCAN Confirms Horseshoe Gold Zone Extends Beyond 400-Metre in Strike and Points to a Significantly Larger Opportunity to the South at Pipy Property, Thompson, Manitoba
- Oct 13, 2026NiCAN Confirms Horseshoe Gold Zone Extends Beyond 400-Metre in Strike and Points t...
- Sep 24, 2026NiCAN to Participate in the Gentile Mining Investor Forum in London
- Sep 14, 2026NiCAN Intersects Broad Zones of Gold Mineralization at Pipy South, Thompson, Manit...
- Sep 14, 2026Nican Intersects Broad Zones Of Gold Mineralization At Pipy South Thompson Manitoba 75M At 065Gt Gold And 30M At 09Gt Gold Including 2M Of 8Gt Gold Expands Pipy South Land Position To 65Km2
- Mar 24, 2026NiCAN Commences Follow-Up Drilling at Pipy South Property in Thompson Manitoba