Sentient IV acquires common shares of North American Nickel Inc.
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES AND NOT FOR DISSEMINATION IN THE UNITED STATES/
MONTREAL, May 29, 2014 /CNW/ - Sentient Executive GP IV, Limited ("Sentient IV") announces that, in connection with a private placement with North American Nickel Inc. ("NAN") previously announced on May 8, 2014, it has acquired control over 11,739,425 common shares (the "Shares") of NAN at a price per Share of $0.33.
Taking into account the acquisition of the Shares, Sentient IV has control over 69,866,523 common shares of NAN ("NAN Shares"), representing approximately 41.21% of the outstanding NAN Shares.
Sentient IV acquired the Shares for investment purposes only and not with a view to materially affecting control of NAN.
SOURCE Sentient Executive GP IV, LimitedFor further information: For further information or to obtain a copy of the Early Warning Report filed by Sentient IV, please contact Sue Bjuro at (345) 946-0933.