VanEck Vectors Global Alternative Energy ETF

Published : April 18th, 2008

Northwest Power Line Preliminary Findings Released

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http://www.hardcreeknickel.com/images/Banner_Top.jpg

April 17, 2008

Trading Symbol: TSX.V-HNC

 

Northwest Power Line Preliminary Findings Released

SMITHERS, B.C. - The Northwest Power Line Coalition released preliminary findings today of a study on the potential benefits of a power line along Highway 37 in northwest British Columbia.

According to preliminary findings provided by Macquarie North America, providing electric power along Highway 37 has the potential to achieve $3.5 billion in capital investments to bring eight mining projects to production.
The estimate does not include the Galore Creek project.

The investments have the potential to create 2,000 jobs, generate over $300 million in annual revenues, and provide more than $75 million in annual taxes to government.

"Even without the Galore Creek project, the benefits of a power line along Highway 37 are significant," said Pierre Lebel, spokesperson for the Northwest Power Line Coalition. "There is a potential to realize $3.5 billion in capital investment in northwest B.C., but this is unlikely to happen without the power line."

The preliminary findings of the study also highlight the economic challenges facing the northwest region of the province. The unemployment rate for the northwest is much higher than the B.C. average. And between 2001 and 2006, population in the northwest declined by seven per cent, compared to a five per cent increase across the province.

"Northern communities believe that construction of the power line would provide an economic benefit to the region," said Janine North, Chief Executive Officer of the Northern Development Initiative Trust. "The preliminary findings of the Macquarie study suggest that electrification of Highway 37 will attract needed investment and jobs for the region, including additional opportunities for joint ventures with First Nations."

"We have concerns around the cumulative social, cultural and environmental impacts from the collective proposed industrial activity which may be created by the proposed Northwest Transmission Line, but we have a process for assessment by the Tahltan Nation with BC Hydro for addressing these concerns," said Chair Curtis Rattray of the Tahltan Central Council. "The Tahltan Central Council looks forward to the province of British Columbia signing the agreement so that the Tahltan Nation can begin the process for assessment - including social, cultural and heritage studies described in the agreement - so we can make informed decisions about the proposed activities."

Macquarie Group is an international financial institution with considerable expertise in major capital infrastructure project financing. Macquarie North America Ltd. was retained in March 2008 to examine the economic aspects of the Northwest Power Line along Highway 37.

The preliminary findings are subject to review and finalization. The final report is expected to be completed in the spring of 2008.

The Northwest Power Line Coalition includes the Northern Development Initiative Trust with its forty member communities, the Mining Association of British Columbia, the Association of Mineral Exploration of British Columbia, and a number of First Nations, mining companies, independent power producers and local businesses. More information is available online at www.highway37.com.

On behalf of the Board of Directors of Hard Creek Nickel Corporation

�Mark Jarvis�

MARK JARVIS, President


The TSX Venture Exchange does not accept responsibility for the accuracy or adequacy of this news release.

1060 � 1090 W. Georgia St., Vancouver, BC, Canada V6E 3V7
T: 604-681-2300 F: 604-681-2310
E: info@hardcreek.com W: http://www.hardcreeknickel.com

 


VanEck Vectors Global Alternative Energy ETF

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CODE : HNC.TO
ISIN : CA4116371010
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Hard Creek is a nickel exploration company based in Canada.

Hard Creek develops nickel and cobalt in Canada, and holds various exploration projects in Canada.

Its main asset in development is TURNAGAIN in Canada.

Hard Creek is listed in Canada, in Germany and in United States of America. Its market capitalisation is 948 844 as of today (US$ 840 960, € 659 145).

Its stock quote reached its highest recent level on January 11, 2008 at 0.98, and its lowest recent point on October 17, 2014 at 0.02.

Hard Creek has 47 442 200 shares outstanding.

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Financings of VanEck Vectors Global Alternative Energy ETF
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4/3/2008Private Placement Warrants Extended
10/30/2007Exercised Warrants
Option Grants of VanEck Vectors Global Alternative Energy ETF
2/17/2011Grants 100,000 stock options to Corporate Communications Con...
1/27/2011925.000 stock options granted at $0.50
10/19/2009Stock Options Granted
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2/17/2011Appoints Corporate Communications Consultant for Germany
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Project news of VanEck Vectors Global Alternative Energy ETF
12/5/2011oration: 2011 Preliminary Economic Assessment Filed on SEDAR
2/24/2011(Turnagain).: Environmental Approval for Northwest Transmission Line
2/9/2011(Turnagain) Metallurgical Report Confirms Significantly Improved Flotat...
1/14/2008(Turnagain) Drilling Expands on Platinum & Palladium Discoveries
12/10/2007(Turnagain) Preliminary Assessment Shows Potential 29 Year Mine Life
11/28/2007(Turnagain)Drills 0.70% nickel with 0.48 g/t Pt+Pd over 8.0 metres
11/14/2007(Turnagain) Turnagain Project Update
9/25/2007(Turnagain)drills 120 metres of 0.33% nickel
8/13/2007(Turnagain)drills 292 metres of 0.28% nickel
7/25/2007(Turnagain)Third Drill Rig Arrives at Hard Creek Nickel Property
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6/17/2013oration: Report of Voting Results
1/4/2013oration: Stock Options Granted
7/3/2012oration: Report of Voting Results
6/1/2012oration: Amended and Restated March 31, 2012 Financials
7/7/2011oration; Correction to June 30th, 2011 News Release: Amended...
6/30/2011oration: Amended and Restated March 31, 2011 Financials
6/13/2011Adjourns AGM to July 6, 2011
5/11/2011Former Diamond Fields President Joins Hard Creek Board
4/14/2011Airing on BTV April 16 and 17th, 2011
4/7/2011oration: Metallurgical Tests for Cliff Zone Show Significant...
3/23/2011oration: Stock Options Granted
3/16/2011oration: Metallurgical Regime Robust for Average Turnagain N...
9/21/2009Northern Miner: B.C. to Build $400M Transmission Line
9/18/2009Vancouver Sun: B.C. Will Build $404M Power Line
9/16/2009NORTHWEST TRANSMISSION LINE NEWS
1/26/2009President's Letter to Shareholders - January 2009
4/18/2008Northwest Power Line Preliminary Findings Released
3/31/2008Northwest Power Line Study to Dease Lake Announced
3/26/2008 funds Carbon Sequestration Research
2/29/2008 Drills 64 Metres of 0.47% Nickel
2/12/2008President's Letter to Shareholders
12/19/200720 metres of 0.24% Ni and 0.60 g/t Pt + Pd intersected in ne...
8/23/2007Files Reports in U.S.
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