Northwire Canada EditionFriday, November 13, 2026
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Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Financings

Nicola Mining Announces Strategic Investment from Ocean Partners

Strategic Tie-up with Ocean Partners Validates Custom Milling Model as Nicola Eyes 2026 NASDAQ Uplisting

By The Northwire Desk — AI Analysis Dec 29, 2025 · 09:01 NIM · 1.03 Nicola Mining Inc.
Executive Summary

The most recent announcement (December 29, 2025) details a C$1.0 million strategic private placement from Ocean Partners UK Limited. The financing consists of 1,111,112 units priced at $0.90 per unit. Each unit includes one share and one warrant exercisable at $1.10 for 36 months, with an acceleration clause if the stock stays above $1.70 for 10 days. Simultaneously, the company appointed Rahim Kassim-Lakha, founder of Blue Sail Capital, as a Strategic Advisor to assist with the intended 2026 NASDAQ listing.

Material Impact

This news is Material - Positive for three specific reasons: - Strategic Validation: Ocean Partners is a major global trader of copper, precious metals, and concentrates. Their direct investment provides a "stamp of approval" for Nicola’s Merritt Mill business model and the quality of the concentrates being produced. - NASDAQ Preparation: The appointment of Rahim Kassim-Lakha specifically targets institutional visibility and the H1 2026 NASDAQ uplisting goal. This suggests management is moving beyond the "junior explorer" phase and into a more mature capital markets strategy. - Price Support: The financing price of $0.90 is relatively close to the current market price, indicating that strategic investors are willing to pay a premium over historical levels ($0.28-$0.50) despite the stock's 200%+ run in 2025.

NIM · Price
Company Overview

Nicola Mining is a junior mining company that operates a unique "hub and spoke" model in British Columbia. - Flagship Asset: The New Craigmont Copper Project, a 10,800-hectare property adjacent to Teck’s Highland Valley Copper. It hosts Canada’s highest-grade historic copper mine. - Key Infrastructure: The Merritt Mill, a $30M+ facility that is the only site in B.C. permitted to process third-party gold and silver mill feed from across the province. - Diversification: The company also operates a gravel pit and cement plant, providing non-dilutive operational cash flow.

Read the original news release →

More from Nicola Mining Inc.

Nov 02, 2026 · 09:01

Nicola’s Dominion project has delayed its 10,000t bulk-sample goal to 2027, having only shipped 1,300t so far.

Production / Operations Oct 23, 2026 · 09:01

Nicola’s Merritt project slipped to fourth quarter with no disclosed tonnes, grades, or cash figures.

Production / Operations Oct 08, 2026 · 09:01

Nicola advances early-stage drilling while relying on third-party mill feed for survival.

Drill Results Sep 18, 2026 · 09:01

Nicola’s early-stage TM drilling confirms plan execution, with assay results serving as the primary catalyst for future project evaluation.

Drill Results Sep 09, 2026 · 09:01

Nicola reopens portals at its idle silver mine, though a 2027 restart remains uncertain due to unresolved capital expenditure and reserve requirements.

Production / Operations Aug 31, 2026 · 09:01

Nicola’s early-stage Red Eye feed assays validate the milling hub strategy with negligible near-term cash flow impact.

Production / Operations