Month: May 2025

TORONTO, May 27, 2025 /PRNewswire/ – Canada Nickel Company Inc. (“Canada Nickel” or the “Company“) (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce the closing of the $20 million Convertible Note with Taykwa Tagamou Nation (“TTN”) previously announced on December 16, 2024. The investment marks the largest known direct equity investment by a First Nation in a Canadian critical minerals company to date and reflects a shared commitment to long-term partnership, economic self-determination, and responsible resource development.

This milestone further solidifies Canada Nickel’s relationship with TTN, who is already a development partner in both the Crawford Nickel Sulphide Project and associated infrastructure, including the power transmission line and electric haul fleet.

“This transaction is a significant step forward for both TTN and Canada Nickel, said Chief Bruce Archibald of Taykwa Tagamou Nation. “It demonstrates what’s possible when First Nations are meaningfully included as equity partners with real decision-making authority. We are proud to make this investment on behalf of our community—one that supports long-term economic benefit while advancing sustainable development on our Traditional Territory.” 

Deputy Chief Derek Archibald of Taykwa Tagamou Nation added, “TTN has worked hard over the years to build our economic strength—through investments in infrastructure, project development, and governance. This agreement is a reflection of that work and the trust we’ve built with Canada Nickel. From the beginning, the Company has demonstrated a genuine commitment to transparency, collaboration, and shared benefit. We’re proud to continue this journey together, grounded in respect and true partnership.”

“We are honoured to have Taykwa Tagamou Nation as long-term partners in the development of Crawford and the broader Timmins Nickel District”, said Mark Selby, CEO of Canada Nickel. TTN has been a pivotal partner from the very beginning—supporting critical infrastructure, shaping project development, and now playing a key role as we unlock the overall potential of the District. This investment is a reflection of TTN’s vision, leadership, and commitment to co-developing projects that deliver generational benefits—for their Nation, for the North, and for Canada’s clean energy economy.”

Convertible Note 
The $20 million secured Convertible Note (the “Note”) will have a five-year term from closing.  The coupon has been adjusted from a fixed 4.75% to a coupon of 6.15% per annum paid quarterly prior to conversion to reflect TTN’s financing cost. The Note provides TTN with the right to convert into 16.67 million common shares (at a conversion price of $1.20 per share), representing an 7.9% equity interest in the Company (based on Canada Nickel’s current issued and outstanding share capital of 193,590,725 common shares). TTN will also have a right to one seat on the Company’s Board of Directors for so long as it holds the Convertible Note or, after conversion, at least 7.9% of the Company’s shares.

About Canada Nickel Company 
Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high-growth electric vehicle and stainless-steel markets.
Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel Sulphide Project in the emerging Timmins Nickel District.  Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero Nickel^TM, NetZero Cobalt^TM, NetZero Iron^TM and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions.

For further information, please contact: 
Mark Selby, CEO 
Phone: 647-256-1954 
Email: info@canadanickel.com

Media, please contact:
Sydney Oakes
Director of Indigenous Relations and Public Affairs
Phone: 905-929-7151
Email: sydneyoakes@canadanickel.com

Cautionary Statement Concerning Forward-Looking Statements 
This press release contains certain information that may constitute “forward-looking information” under applicable Canadian securities legislation. Forward looking information includes, but is not limited to, drill and exploration results relating to the target properties described herein (the “Properties”), the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, the potential of the Crawford Nickel Sulphide Project and the Properties, timing and completion (if at all) of mineral resource estimates, the ability to sell marketable materials, strategic plans, including future exploration and development plans and results, corporate and technical objectives, and the completion of assays, follow-up geophysics and further drilling. Forward-looking information is necessarily based upon several assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Factors that could affect the outcome include, among others: future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities (known and unknown), general business, economic, competitive, political and social uncertainties, results of exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to obtain regulatory or shareholder approvals. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, except as required by law. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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SOURCE Canada Nickel Company Inc.

The new integration empowers companies to prepare for upcoming European Union regulations faster and more cost-effectively

BERLIN, May 27, 2025 /PRNewswire/ — Productsup, a leading enterprise feed management and syndication platform, together with Protokol, a leading Digital Product Passport (DPP) solutions provider, today announced a new partnership enabling companies to create DPPs from existing product data to prepare for the EU’s upcoming Ecodesign for Sustainable Products Regulation (ESPR). The collaboration offers a direct integration between the two platforms, enabling businesses to leverage their optimized product data to create Digital Product Passports effortlessly.

As the ESPR will mandate the implementation of DPPs across several industries and product groups — for businesses placing products in the EU market, regardless of where they’re manufactured — the partnership supports all businesses now navigating these new requirements.

“Gathering product data to create DPPs is often a significant undertaking for companies, requiring teams to source information from disparate sources and systems, organize and standardize the data in various formats, and make it readily available to the right stakeholders,” said Lars Rensing, CEO at Protokol. “The beauty of our partnership with Productsup is that companies seeking to create DPPs can simply utilize their existing product data, both from the Productsup platform and imported from external sources. It reduces the burden of gathering and organizing that data in line with EU DPP requirements, so you achieve compliance faster without rework or disruption, saving time and minimizing errors.”

The EU’s DPP mandate, part of the broader Ecodesign for Sustainable Products Regulation (ESPR), aims to boost product traceability, sustainability, and circularity across industries. Starting in 2027 with sectors like textiles, and industries such as steel and electronics to follow shortly after, the DPP will make key product information — from materials and repairability to recyclability and environmental impact — accessible throughout a product’s lifecycle. This will help businesses meet sustainability goals, enhance supply chain transparency, and empower consumers to make more informed choices.

Complementing this, the Omnibus Regulation is designed to harmonize sustainability data sharing across policies like ESPR and the Corporate Sustainability Reporting Directive (CSRD). Even as CSRD implementation faces delays into late 2025, companies are using this window to prepare for long-term compliance. To be DPP-ready, businesses must collect and standardize detailed product data, such as material composition, repair guidelines, and certifications, in secure, machine-readable formats accessible to stakeholders across the supply chain, in line with ESPR and Omnibus standards.

“Our integration with Protokol doesn’t just help businesses prepare for compliance — it automates complex data processes to deliver a smarter, more scalable solution,” said Johannis Hatt, CEO at Productsup. “Companies can automatically transform their enriched product data into detailed digital product passports — without manual reformatting or redundant data entry. This direct integration streamlines the entire DPP creation process, reducing the time and resources required to prepare for EU mandates. By combining our strengths, we’re bringing an end-to-end offering to the market, helping companies work toward compliance while safeguarding data integrity and setting them up for long-term success across multiple regulatory landscapes, from DPP to CSRD and beyond.”

To learn more about the partnership and upcoming DPP regulation, join Productsup and Protokol’s webinar, Leveraging existing product lifecycle data to align with EU sustainability regulations, on 17 June, 2025 at 2 p.m. CET. Register here. 

For more information about how Productsup can help you prepare your product feeds for global sustainability regulations, visit www.productsup.com. Explore the value and how to get started with Protokol’s Digital Product Passport at www.protokol.com.

About Protokol

Protokol is a technology provider that builds Digital Product Passport solutions for companies of all sizes and stages.

Our purpose-built DPP platform enables early adopters to both launch pilot projects across their product portfolio to work towards regulatory compliance, and to implement future-proof solutions that deliver on sustainability and circularity objectives now.

Alongside our diverse ecosystem of trusted partners who specialise in everything from regulatory compliance, to product standardisation, sustainability, LCAs and more; we deliver a holistic DPP solution that ensures compliance, facilitates circularity, enhances the customer experience and unlocks new opportunities for growth.

To learn more about Protokol’s Digital Product Passport consulting and development services, and to find out how we can support your next project from concept to launch and beyond, visit https://www.protokol.com/services/

About Productsup

Productsup enables global companies to create perfect product content journeys for every channel and target consumer worldwide. Processing over two trillion products a month, the highly scalable feed management and syndication platform is equipped for the most sophisticated enterprise customers, helping them overcome commerce complexity to create consistent product, brand, and service experiences. Founded in 2010 and headquartered in Berlin, Productsup works with over 1,000 brands, including Sephora, Beiersdorf, and ALDI.

Media contact:
Anabel Lalaguna
protokol@aprilsix.com
07934 198698

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SOURCE Protokol; Productsup

Modern Meadow will exhibit and present on the future of bio-design for luxury next-generation transformative materials

NUTLEY, N.J., May 27, 2025 /PRNewswire/ — Modern Meadow, a leader in bio-design, announced it will showcase its next-generation material, newly branded as INNOVERA™, at Global Fashion Summit, the leading international event for fashion sustainability. INNOVERA™, formerly known as BIO-VERA®, will be Modern Meadow’s primary material product going forward, aligning with the company’s focus on offering the premier sustainable leather alternative in the market. During the June 3-5 Summit in Copenhagen, Modern Meadow will exhibit INNOVERA™ and its CEO, David Williamson, PhD, will participate in a panel discussion on “Bio-Design Futures.”

“Innovation centered on bioengineering, nature-inspired proteins and commercial-scale solutions is essential to the future of fashion sustainability,” said Dr. Williamson. “By dedicating our resources to INNOVERA™, we are positioning Modern Meadow to drive sustainable change and deliver the most advanced leather alternative available. This singular focus allows us to scale commercial production more efficiently, deepen industry partnerships, and ensure that designers and brands have access to a luxurious, high-performance material that is beautiful and better for the planet.”

INNOVERA™ is crafted using plant-based proteins, biopolymers and recycled rubber, achieving more than 80% renewable carbon content. Completely animal-free, INNOVERA™ replicates the look and feel of collagen found in leather, yet it is lightweight, twice as strong as traditional leather, and available in various colors, haptics and finishes. It requires no special preservation or storage conditions, which reduces complexity and costs, and is adaptable to any standard manufacturing process. Modern Meadow’s commercial production capabilities make INNOVERA™ readily available to customers and simplify supply chain issues across the fashion, footwear, automotive and interior design spaces.

Dr. Williamson’s Summit panel discussion will be moderated by Sourcing Journal’s Sourcing and Labor Editor Jasmin Malik Chua and include Frank Fiedler, CEO of Heller-Leder and Helcor-Leder-Tec, and European Parliament Member Rasmus Nordqvist. The diversity of the panel – from bio-design to tannery to policy – emphasizes the importance of collaboration across the global leather ecosystem. Participants will discuss the need for reduced reliance on petrochemical inputs for fashion, focus on sustainable alternatives, how renewable carbon content materials are transforming luxury landscapes, and how the unique properties of plants can be harnessed for creativity. The discussion will take place at the Concert Hall Stage on June 5, 12:15-12:50 pm.

Dr. Williamson added, “I invite Summit attendees to experience how INNOVERA™ is creating harmony between innovation and tradition with tanneries and brands.”

To learn more, visit Modern Meadow at the Summit in Booth 08 of the Innovation Forum.

About Modern Meadow & INNOVERA™
INNOVERA™ is the transformative material crafted using plant-based proteins, biopolymers and recycled rubber, resulting in more than 80% renewable carbon content. Completely animal-free, INNOVERA™ is masterfully engineered to replicate the look and feel of the collagen found in leather. Developed by the bio-design company Modern Meadow (Nutley, New Jersey, USA), INNOVERA™ redefines what’s possible across the automotive, footwear, furniture and fashion accessories spaces, creating high-performance products with a lower environmental impact. Versatile, functional, immediately scalable and adaptable to any process, INNOVERA™ flows seamlessly with creativity: a material that works in perfect harmony with the legacy of tanneries and brands, without compromising on quality or performance. For more information, visit innovera-world.com or follow the company on Instagram and LinkedIn.

Modern Meadow Media Contact
Jordan Vines
+1 (540) 629-3137
jvines@spectrumscience.com

BIO-VERA is a registered trademark of Modern Meadow, Inc.

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SOURCE Modern Meadow

The Rokan Hulu Landscape and Livelihoods Initiative drives sustainability and smallholder engagement

JAKARTA, Indonesia, May 27, 2025 /PRNewswire/ — A new partnership is set to advance palm oil production in Indonesia to make it more inclusive, sustainable, and resilient. The Rokan Hulu Landscape and Livelihoods Initiative brings together global integrated palm oil group Musim Mas, sweet-packaged food company Ferrero, non-governmental organisations (NGOs) Preferred by Nature, Agriterra, and the Sustainable Agriculture Network (SAN). Funded by the Danish government’s Danida Green Business Partnerships (DGBP) programme, this initiative aims to enhance independent smallholder livelihoods, protect the environment, and promote sustainable palm oil production in line with global sustainability standards and regulatory frameworks, including the EU Deforestation Regulation (EUDR).

The Rokan Hulu Landscape and Livelihoods Initiative
This five-year project focuses on implementing scalable solutions for sustainable palm oil production. Its aim is to support 5,400 independent smallholders in adopting regenerative agricultural practices that improve farming conditions, reduce synthetic inputs, and strengthen climate resilience.

The Rokan Hulu Landscape and Livelihoods Initiative will also strengthen two farmer organisations and help 2,500 farmers achieve certification under the Roundtable on Sustainable Palm Oil (RSPO) and Indonesia Sustainable Palm Oil (ISPO) standards.

Additionally, it aims to create diversified income opportunities for 2,000 community members—60 percent of whom will be women—while implementing measures to safeguard biodiversity and mitigate deforestation risks. A key element of the initiative is establishing a multi-stakeholder jurisdictional alliance to promote ecosystem restoration and ensure alignment with sustainability standards.

Preferred by Nature, an international NGO headquartered in Denmark with extensive experience in sustainable agriculture and forestry projects, will lead project coordination, capacity building, and training in sustainable practices. Dutch agri-agency Stichting Agriterra will focus on strengthening farmer organisations, enabling financial sustainability, and fostering cooperative business models, while international NGO SAN will provide expertise in regenerative agriculture and deliver on-ground support through its Indonesian partners Kaleka and Setara Jambi.

Both Musim Mas and Ferrero have a shared interest in securing a sustainable and traceable palm oil supply chain that complies with regulatory standards and meets voluntary commitments.

Addressing Systemic Challenges in Palm Oil Supply Chains
This project aligns the shared objectives of Ferrero and Musim Mas with development goals by addressing systemic challenges within independent smallholder supply chains.

These challenges include low productivity, varying levels of familiarity with sustainable farming practices, and environmental degradation, such as declining soil health. Independent smallholders, who manage over 40 percent of Indonesia’s planted palm oil, often encounter barriers to meeting RSPO and ISPO standards, including resource constraints, uneven access to knowledge, and land tenure issues. This initiative seeks to tackle these barriers by equipping farmers with the necessary tools and training to adopt sustainable practices, achieve certifications, and improve market access.

At the landscape level, the project fosters a multi-stakeholder alliance involving corporate, governmental, and civil society actors to strengthen ecosystem protection. These efforts safeguard biodiversity and support alignment with global sustainability standards like the EUDR.

A Model for Sustainable Palm Oil Production
By combining private sector commitments with nonprofit expertise, the Rokan Hulu Landscape and Livelihoods Initiative sets a benchmark for sustainable palm oil production and creates a win-win scenario for all stakeholders. Farmers can benefit from increased productivity, improved market access, and diversified incomes. Meanwhile, partners like Ferrero and Musim Mas can secure a reliable, sustainable, and traceable palm oil supply chain.

This project also generates long-term economic benefits for rural communities, contributes to global climate goals, and positions the Rokan Hulu region as a leading example of sustainable palm oil production.

This transformative initiative sets the stage for a more sustainable and inclusive palm oil industry. By addressing systemic challenges and fostering collaboration, the project paves the way for a resilient and environmentally responsible supply chain that benefits all stakeholders.

Mr Olivier Tichit, Director of Communications and Sustainability at Musim Mas, said: “Empowering smallholders through training and support is key to building a resilient and sustainable palm oil supply chain. Musim Mas takes a landscape-based approach to sustainability. Across the Smallholder Hubs we operate, we work with governments, suppliers, smallholders, NGOs, and other players in the landscape to achieve sustainability transformation. This project will enable us to contribute in a new dimension with our new partners.”

Mr Nicola Somenzi,  Head of Responsible Sourcing at Ferrero, said: “We aim to create a thriving supply chain which benefits farmers’ livelihoods and communities, protecting people and nature. Beyond sourcing RSPO segregated palm oil for our products, our active participation in initiatives like this strengthens the foundation for a resilient and environmentally responsible supply chain that creates long-term value for all.”

Mr Jakob Ryding, Senior Director of Projects at Preferred by Nature, said: “At Preferred by Nature, we believe that sustainable palm oil production is only possible when smallholders are equipped with the right knowledge, resources and market access. This project demonstrates how collaboration between businesses and NGOs can address systemic challenges, empower farmers, and protect vital ecosystems. We are delighted to be part of this initiative.”

Mr Jose Joaquín Campos, Executive Director at SAN, said: “By integrating regenerative agriculture and nature-based solutions, this initiative demonstrates how sustainable farming can simultaneously revive ecosystems and enhance farmer livelihoods.”

Mr Marco Schouten, CEO of Stichting Agriterra, said: “Strengthening farmer organisations is at the heart of what we do. This project provides the tools needed to empower farmer organisations and their members, enabling them to cooperate to achieve financial sustainability and seize new market opportunities.”

Devane Sharma 
Musim Mas Corporate Communications
media@musimmas.com 

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SOURCE Musim Mas Holdings