Brief: RNC Minerals to spin-out Qiqavik and West Raglan Projects

Orford Mining

07/03/2017 14:00

March 7 (Reuters) - Royal Nickel Corp  RNX.TO  
    * RNC Minerals announces intention to spin-out Qiqavik and 
West Raglan Projects, and option agreement with Carolina Gold 
Resources for two properties in Carolina Gold Belt 
    * RNC Minerals- 68 pct owned unit, True North Nickel entered 
into LoI with Focused Capital Corp to spin out TNN, via a 
reverse take-over of focused 
    * RNC Minerals - TNN has entered into an option agreement 
with Carolina Gold Resources on two gold properties 
 
Source text for Eikon:  ID:nCNWZKNt6a  
Further company coverage:  RNX.TO  
 
 ((Bangalore.newsroom@thomsonreuters.com;))