Québec Nickel Corp (CSE:QNI, OTCQB:QNICF) announced that it is returning 237 contiguous mining claims to Val-d’Or Mining Corporation.
The company said that these claims, part of the Ducros Property in the Val-d’Or area of Quebec, were deemed outside the core focus area for future exploration. These claims remain in good standing, it added.
The company has also granted a total of 525,000 incentive stock options to an officer, select directors and consultants. These options, with an exercise price of $0.225 per share, have no vesting period and will expire on November 27, 2026, or two years from the date of grant.
Québec Nickel is focused on acquiring, exploring and developing critical minerals projects in Québec, Canada.