- Nuinsco & Ocean Partners Complete Transfer of Ownership of Chibougamau Assets to CBay Minerals.
- Prairie Lake Property ETMI increased to 515-630 million tonnes.
February 6, 2007
On February 6, 2007 - Nuinsco announced that Victory Nickel Inc., the pure-play nickel company spun out to shareholders by Nuinsco, began trading on the TSX on February 6, 2007. Victory Nickel´s TSX ticker symbol is Ni. Pursuant to a plan of arrangement, Victory Nickel acquired Nuinsco´s interest in the Minago, Mel and Lac Rocher sulphide nickel projects, together with approximately $12,000,000 in cash. Nuinsco retained an initial 25% interest in Victory Nickel.