EV Nickel Welcomes Ontario Government Investment in its Clean Nickel (TM) Strategy

EV Nickel Inc. (TSX-V:EVNI) (“EVNi” or the “Company”) today announced the company has received $500,000 CAD in a partnership with the Ontario government. The non-dilutive funding contribution is for the advancement of EVNi’s “Clean Nickel”™ strategy, which targets the lowest possible carbon cost for nickel production, at its Shaw Dome Project near Timmins, ON.

“We are proud to have the Ontario government as partners in our evolution as a modern, low-carbon mining company. Clean, low-carbon mining and processing is the future for North America’s needs in the EV and battery production industry,” said Sean Samson, CEO of EVNi. “We look forward to applying these additional resources to our R&D mandate so we can meet the current and future carbon intensity expectations of OEMs and EV consumers around the world.”

EVNi is engaged in two separate research and development project streams under their Clean Nickel™ strategy. This includes their work in advancing “bioleaching”; a process through which bacteria erodes the rock around the critical mineral naturally and with zero carbon emissions. The second focuses on developing an integrated carbon capture and storage process, to earn carbon credits alongside the Clean Nickel™ production.

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