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First Nickel Announces Changes to the Board of Directors With the Appointment of Joao Carrelo and Retirment of Thomas Pugsley
Published : February 04, 2013
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TORONTO, ONTARIO--(Marketwire - Feb. 4, 2013) - First Nickel Inc. ("FNI", or the "Company") (News - Market indicators) today announced changes to the Board of Directors with the appointment of João Carrêlo and the retirement of Thomas Pugsley effective February 1, 2013.

Mr. Carrêlo is a mining engineer and an MBA, having over 29 years international operational, project and management experience within the mining, metals, refining and fertilizer industries in Latin America, Europe, Africa and India. Mr. Carrêlo is currently President - CEO and Director of Eco Oro Minerals Corp. Prior to joining Eco Oro, he was Executive Vice-President & Chief Operating Officer of Lundin Mining Corporation and he is currently a Director on the board for SOMINCOR (Sociedade Mineira de Neves-Corvo S.A.) (Portugal).

"We are very pleased to welcome João to our Board of Directors," said FNI President and CEO Thomas Boehlert. "João brings a depth of technical and managerial experience in both underground and open pit mining environments located in politically and culturally sensitive jurisdictions which will be beneficial to FNI's growth and sustainability."

Mr. Pugsley is retiring after serving on the Board since 2004. Mr. Pugsley served as Chairman of the Board from 2005 to 2012 as well as a member of several committees of the FNI Board. Mr. Pugsley will continue to serve as an advisor to FNI's Board of Directors Technical Committee.

"On behalf of FNI and the Board of Directors, I want to thank Tom for his many contributions during the past 8 years. The Company is fortunate to be able to continue to benefit from Tom's wisdom and counsel as an advisor," said David Comba, Chair of FNI's Board of Directors.

About First Nickel

FNI is a Canadian mining and exploration company. The Company's mission is to be the most dynamic North American emerging base metal mining company in which to work and invest and to be respected in the communities in which we operate. FNI is in the process of ramping up production at its Lockerby nickel / copper mine in the Sudbury Basin in northern Ontario. In addition to the Lockerby Mine, the Company owns exploration properties in the Sudbury Basin, the Timmins region of northern Ontario, and the Belmont region of Eastern Ontario. FNI's shares are traded on the TSX under the symbol FNI. 

Some of the statements contained in this news release are forward-looking statements regarding First Nickel's business, operations and financial performance and condition of First Nickel, as well as its future plans, intentions, objectives or goals. Forward-looking statements include, but are not limited to, future production at the Lockerby Mine, anticipated production rates at the Lockerby Mine, future production costs, capital expenditures, exploration and development expenditures, and general and administrative expenses. Generally, forward-looking statements can be identified by the use of words such as "expects", "will", "enable", "anticipates", "estimated" or words of similar effect. Since forward-looking statements are not statements of historical fact and address future events, conditions and expectations, forward-looking statements inherently involve unknown risks, uncertainties, assumptions and other factors well beyond the Company's ability to control or predict. Actual results and developments may differ materially from those contemplated by such forward-looking statements depending on, among others, such key factors as fluctuating metal prices, discrepancies between actual and estimated production, mineral reserves and metallurgical recoveries, mining operational and development risks, maintaining operating and exploration teams, and other factors described in the Company's most recently filed Annual Information Form under the heading "Risk Factors" which has been filed electronically by means of the System for Electronic Document Analysis and Retrieval ("SEDAR") located at www.sedar.com. The forward-looking statements contained in this press release are based on numerous assumptions regarding present and future business strategies and the environment in which First Nickel will operate in the future, including the prices of nickel and copper, anticipated costs, currency rates, and the ability to achieve goals. The forward-looking statements included in this document represent First Nickel's views as of the date of this document and subsequent events and developments may cause First Nickel's views to change. These forward-looking statements should not be relied upon as representing First Nickel's views as of any date subsequent to the date of this document. Although First Nickel has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on any forward-looking statements. First Nickel does not undertake to update any forward-looking statements that are included in this document, except in accordance with applicable securities laws. 



First Nickel Inc.
Thomas Boehlert
President & CEO
(416) 362-7050
(416) 362-9050 (FAX)
tboehlert@firstnickel.com
or
First Nickel Inc.
Paul Davis
Vice President of Exploration
(416) 362-7050
(416) 362-9050 (FAX)
pdavis@firstnickel.com
Data and Statistics for these countries : India | Portugal | All
Gold and Silver Prices for these countries : India | Portugal | All
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First Nickel Inc.

DEVELOPMENT STAGE
CODE : FNI.TO
ISIN : CA33582W1068
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In the News and Medias of First Nickel Inc.
9/28/2011First Nickel's Ontario mine delivers first ore
9/27/2011First Nickel begins ore delivery from Ontario mine
5/17/2011Vale inaugurates Brazil's first nickel plant in Pará
11/4/2009Mirabela produces first nickel concentrate at Brazil mine
Financings of First Nickel Inc.
4/8/2013Completes Refinancing
9/12/2011Hires New President & CEO and Announces $500,000 Private Pla...
3/2/2011Secures Commitments for C$30 Million Senior Secured Project ...
Nominations of First Nickel Inc.
10/3/2013Names Alfred Colas as Chief Financial Officer
2/4/2013Announces Changes to the Board of Directors With the Appoint...
7/3/2012Appoints David Comba as New Chairman
4/29/2008Gerry Bilodeau Appointed as Vice President Operations
Financials of First Nickel Inc.
8/12/2013Reports Three and Six Months Financial and Operating Results...
5/15/2013Reports First Quarter 2013 Financial and Operating Results
11/13/2012Reports Third Quarter 2012 Financial and Operating Results
8/14/2012Reports Second Quarter 2012 Financial and Operating Results
5/16/2012Reports First Quarter 2012 Financial and Operating Results
11/14/2011Reports Financial and Operating Results for the Period Ended...
8/11/2011Reports Financial and Operating Results for the Period Ended...
5/30/2011Reports Financial and Operating Results for the Period Ended...
3/30/2011Reports Financial and Operating Results for the Year Ended D...
11/11/2008Reports Financial And Operating Results For The Three And Ni...
5/14/2008Reports Financial and Operating Results for the Three Month ...
3/27/2008 Reports Financial And Operating Results For The Year Ended ...
8/14/2007Reports Second Quarter 2007 Results
Project news of First Nickel Inc.
1/3/2013Reports Lockerby 2012 Nickel Production is Expected to Be Ap...
8/3/2012(Lockerby Mine)Files Optimized Lockerby Mine Plan with SEDAR
6/18/2012(Lockerby Mine)Optimizes Lockerby Mine Plan, Resulting in an $87 Million NP...
11/5/2010(Lockerby Mine)Files Technical Report
11/7/2008(West Graham)Provides an Exploration Update on Lockerby and West Graham P...
7/3/2008(Lockerby Mine)Announces the Results of the NI 43-101 Reserve Estimate and ...
6/30/2008(Premiere Ridge)Announcement Re Premiere Ridge
3/25/2008(West Graham) Intersects 86.70 Metres of 0.55% Ni and 0.43% Cu on West Gr...
1/16/2008(Lockerby Mine) Reports 289% Increase in Indicated Resources at the Lockerb...
12/11/2007(Raglan Hills)Sign Joint Venture on Raglan Hills Project
11/1/2007(Lockerby Mine)Nickel Production Increasing Additional Promising Lockerby D...
Corporate news of First Nickel Inc.
9/27/2013FNI Amends Lockerby Ore Processing Agreement
7/10/2013Reports 4 Year Contract Ratified with Mine Mill 598/CAW
6/12/2013Results of the FNI Annual General Meeting of Shareholders
4/18/2013(Lockerby Mine)FNI Achieves Full Production at Lockerby Mine
4/1/2013Announces Restructuring of Indebtedness
3/6/2013FNI Arranges Additional US$5.0 Million Loan
1/16/2013FNI Arranges US$5.0 Million Loan Facility
10/19/2012Reports Lockerby Nickel Production at 80% of Full Production...
4/24/2012Provides Comment on Ministry of Labour Order
3/23/2012Announces Increase to 2012 Exploration Program
1/25/2012Announces Continued Progress at Lockerby in Q4-2011 and Prov...
12/14/2011Announces Organizational Changes
12/5/2011Hires New Head of Corporate Development
11/8/2011Hires New CFO
9/27/2011(Lockerby Mine)Commences Production and Delivers Ore From Lockerby Mine in ...
7/20/2011Completes $5 Million Private Placement
7/5/2011Enters Into C$30 Million Project Loan Facility
5/18/2011Announces $2 Million Flow-Through Private Placement
4/25/2011Provides Update on Lockerby Restart
3/7/2011Provides Update on Lockerby Restart
9/2/2010Completes US$5 Million Bridge Loan Facility
10/20/2008Places Lockerby Mine on Care and Maintenance
5/6/2008Establishes Shareholder Rights Plan
4/30/2008Market Update Announcement
2/12/2008Provides 2008 Guidance
9/6/20072007 Update
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TORONTO (FNI.TO)
0.035+0.00%
TORONTO
CA$ 0.035
07/29 15:58 -
0%
Prev close Open
0.035 0.040
Low High
0.035 0.040
Year l/h YTD var.
0.020 -  0.060 75.00%
52 week l/h 52 week var.
0.010 -  0.060 16.67%
Volume 1 month var.
32,348 16.67%
24hGold TrendPower© : 5
Produces
Develops Cobalt - Copper - Gold - Nickel - Palladium - Platinum - Silver
Explores for Cobalt - Copper - Gold - Lead - Nickel - Platinum - Silver - Uranium - Zinc
 
 
 
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DateVariationHighLow
201475.00%0.050.02
2013-66.67%0.070.01
2012-45.45%0.140.05
2011-21.43%0.220.04
201016.67%0.180.09
 
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