trending Market Intelligence /marketintelligence/en/news-insights/trending/siJ7feCTfz6AJxiDZ26NGA2 content esgSubNav
In This List

Victory Nickel sells noncore asset for C$430,766

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Infographic: The Big Picture 2024 – Energy Transition Outlook

Case Study

An Oil and Gas Company's Roadmap for Strategic Insights in a Quickly Evolving Regulatory Landscape

Blog

Essential IR Insights Newsletter Fall - 2023


Victory Nickel sells noncore asset for C$430,766

Victory NickelInc. has sold its interest in a partnership created to trade incommodities for C$430,766, minus fees and costs of about C$73,000.

The company has about 35,000 tonnes of sand in inventoryready for sale, it said July 4.

"This sale will provide some working capital while theoil and gas price recovers and drilling and the related consumption of fracsand returns," CEO Rene Galipeau said.

In early March, Victory Nickel underwent a of its secureddebt of about C$5.2 million as one of two steps to make its balance sheet morerobust.