TARTISAN NICKEL CORP. ANNOUNCES INTENTION TO COMMENCE NORMAL COURSE ISSUER BID TO REPURCHASE UP TO 5% OF ITS COMMON SHARES

TARTISAN NICKEL CORP. ANNOUNCES INTENTION TO COMMENCE NORMAL COURSE ISSUER BID TO REPURCHASE UP TO 5% OF ITS COMMON SHARES

Toronto, Canada, March 10, 2021 – Tartisan Nickel Corp. (CSE:TN; US-OTC:TTSRF; FSE:A2D) (“Tartisan”, or the “Company”) announces its intention to commence a normal course issuer bid (“NCIB”), under which the Company may purchase up to 5,246,456 of the Company’s common shares, representing approximately 5% of the issued and outstanding common shares of the Company.

Tartisan is commencing the “NCIB” because it believes that the underlying value of the Kenbridge Nickel Project, along with the Company’s portfolio holdings, are not adequately reflected in the market price of its common shares. Tartisan Nickel Corp. believes that the repurchase of its common shares for cancellation represents an appropriate use of the Company’s financial resources and will enhance shareholder value.

The “NCIB” is expected to commence on March 17, 2021 and terminate on March 17, 2022. All common shares purchased under the “NCIB” will be purchased on the open market through the facilities of the Canadian Securities Exchange (the “CSE”) and/or alternative trading systems. All purchases made under the “NCIB” will be at the prevailing market price for the common shares at the time of purchase. Common shares acquired by the Company under the “NCIB” will be cancelled. Tartisan Nickel Corp. has appointed Independent Trading Group (ITG) Limited as its broker to conduct the “NCIB” purchases on its behalf.

About Tartisan Nickel Corp.

Tartisan Nickel Corp. is a Canadian based mineral exploration and development company which owns; the Kenbridge Nickel Project in Northwestern Ontario, the Sill Lake Lead-Silver Project in Sault St. Marie, Ontario as well as the Don Pancho Manganese-Zinc-Lead-Silver Project in Peru.

The Company has an equity stake in; Eloro Resources Limited, Class 1 Nickel & Technologies Limited, Peruvian Metals Corp. and Silver Bullet Mines Inc.

Tartisan Nickel Corp.’s common shares are listed on the Canadian Securities Exchange (CSE:TN; US-OTC:TTSRF; FSE:A2D). Currently, there are 104,929,132 shares outstanding (110,954,714 fully diluted).

For further information, please contact Mark Appleby, President & CEO and a Director of the Company, at 416-804-0280 (info@tartisannickel.com). Additional information about Tartisan Nickel Corp. can be found at the Company’s website at www.tartisannickel.comor on SEDAR at www.sedar.com. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release. 



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Tartisan Nickel Corp. is the sole owner of the information collected on the web site. Tartisan Nickel Corp. collects information from users of the web site in several ways:

 

Users seeking employment by posting a resume on the web site are required to enter information including name, address, email address and other information necessary for an employer to contact the individual for any job opportunities. Tartisan Nickel Corp. does not sell or otherwise make available for use any of this contact information except for the purpose mentioned above. Other users seeking employment are prohibited from viewing your contact information. Only authorized Tartisan Nickel Corp. administrators are able to view the contact information provided by users seeking employment. Information collected is stored on a secure database which is accessible only by Tartisan Nickel Corp. administrators.

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By using this web site, you agree to Tartisan Nickel Corp.'s privacy policy. Tartisan Nickel Corp. reserves the right, at its discretion, to change, modify, add, or remove portions of this policy at any time. Your continued use of this web site, following changes to these terms, deems you to have accepted those changes.

 

Other Matters

Changes
All information on this web site is subject to change without notice. Tartisan Nickel Corp. may, at any time, without notice, make changes to its policies by which it conducts its business, as well as to the manner in which it manages, acquires or disposes of its assets.

 

Third Parties
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Submission of Confidential Information by Users
Any unprotected e-mail communication over the Internet is not, as with any communication transmitted over any other medium, confidential, and is subject to possible interception, loss, and alteration. Tartisan Nickel Corp. is not responsible for and will not be liable to you or anyone else for any damages in connection with an e-mail sent by you to Tartisan Nickel Corp. or an e-mail sent by Tartisan Nickel Corp. to you at your request.

 

Tartisan Nickel Corp. discourages you from sending any confidential or proprietary information to it through its web site, other than identifiable personal information provided by users seeking job opportunities. You agree that any information or materials (with the exception of identifiable personal information) provided to Tartisan Nickel Corp. by you, or individuals acting on your behalf, will not be considered confidential or proprietary. By providing any such information or materials to Tartisan Nickel Corp., you grant to Tartisan Nickel Corp. an unrestricted, irrevocable, worldwide, royalty-free licence to use, reproduce, display, publicly perform, transmit and distribute, such information and materials, and you further agree that Tartisan Nickel Corp. is free to use any ideas, concepts or know-how that you or individuals acting on your behalf provide to Tartisan Nickel Corp.. You further recognize that Tartisan Nickel Corp. prohibits, and you warrant that you shall not transmit to the web site, any information or materials that are defamatory, threatening, obscene, pornographic, harassing, or otherwise unlawful, or that incorporate the proprietary material of another.

 

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If any provision of this Agreement is wholly or partially unenforceable for any reason, such unenforceable provision or part thereof shall be deemed to be omitted from this Agreement without in any way invalidating or impairing the other provisions of this Agreement.

 

Head Office
Tartisan Nickel Corp.
Suite 1102, 44 Victoria Street,
Toronto, Ontario
M5C 1Y2

Phone: 416 804 0280
info@tartisannickel.com

Disclaimer

 

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This web site may contain forward-looking statements, including but not limited to comments regarding Tartisan's future financial performance. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Tartisan specifically disclaims any obligation to update this information.

 

The Tartisan web site contains links to several other web sites that Tartisan does not maintain. The viewer should be aware that in linking to these outside web sites, he or she is leaving the Tartisan web site and that Tartisan is not responsible for the content of any other third party site. Access is provided for your convenience only.

 

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