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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (16940)	4/11/2016 2:48:36 PM
From: Goose94	Respond to of 202784

RNX-T 8 month high

To: Goose94 who wrote (16940)	4/27/2016 7:55:21 AM
From: Goose94	Read Replies (2) \| Respond to of 202784

Royal Nickel (RNX-T) April 27, '16 announces the completion of the previously announced acquisition of VMS Ventures Inc. ("VMS") by way of a plan of arrangement pursuant to which RNC has acquired all of the issued and outstanding common shares of VMS. Pursuant to the plan of arrangement, VMS has become a wholly-owned subsidiary of RNC, and all of the issued and outstanding common shares of VMS were transferred to RNC in consideration for the issuance by RNC of an aggregate of 36,000,000 RNC common shares and CDN$3,507,000 to the former shareholders of VMS. "With the acquisition of VMS now complete, I am pleased to add the diversification of a second producing asset to the RNC portfolio. Exposure to copper production from a 30% share in the Reed Mine, located in the well-established and prolific Flin Flon-Snow Lake region in Manitoba, Canada, is highly complementary to our 66% interest in the Beta Hunt mine, a gold and nickel producing operation in Western Australia. Both Reed and Beta Hunt are cash generating assets that I expect will provide a stable platform for further growth and acquisitions. We continue to look at other opportunities in the base and precious metals space, and will not hesitate to aggressively pursue and acquire assets that create value within our portfolio," said Mark Selby, President and CEO of RNC. "In the near term, I look forward to the continued ramp-up of the Beta Hunt Mine and the ability to increase RNC's ownership interest in Beta Hunt from 66% to 100% by exercising our option under a shareholders agreement with shareholders who hold the remaining 34%." The option to acquire the remaining 34% of Beta Hunt is subject to shareholder approval at the Annual and Special Meeting of RNC Shareholders to be held on May 18, 2016. RNC intends to acquire the remaining 34% of Beta Hunt by the end of May 2016 in exchange for 24,324,066 RNC shares. About Royal Nickel Corporation Royal Nickel Corporation is a multi-asset mineral resource company focused primarily on the acquisition, exploration, evaluation and development of base metal and precious metal properties. RNC's principal assets are its majority stake in the producing Beta Hunt nickel and gold mine in Western Australia, the Dumont Nickel Project located in the established Abitibi mining camp in Quebec and a 30% stake in the producing Reed Mine in the Flin Flon-Snow Lake region of Manitoba, Canada. RNC also owns a majority interest in the West Raglan and Qiqavik projects in northern Quebec. RNC has a strong management team and Board with over 100 years of mining experience in the nickel business at Inco and Falconbridge. RNC's common shares and warrants trade on the TSX under the symbols RNX and RNX.WT. RNC also trades on the OTCQX market under the symbol RNKLF. SOURCE Royal Nickel Corporation For further information: Rob Buchanan, Director, Investor Relations, T: (416) 309-0600, www.royalnickel.com; Mélanie Corriveau (French contact), Community Relations Coordinator, T: (819) 727-3777 Royal Nickel Corporation 220 Bay Street , Suite 1200, Toronto, ON, M5H 2T7, Canada www.royalnickel.com