Karora Resources Inc.

TORONTO, April 27, 2016 /CNW/ - Royal Nickel Corporation ("RNC") (TSX: RNX) (OTCQX: RNKLF) 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 [...]

Royal Nickel announces that shareholders of VMS Ventures have overwhelmingly voted in favour of the plan of arrangement pursuant to which RNC will acquire all of the issued and outstanding common shares of VMS. The arrangement is expected to close on April 27, 2016, subject to applicable regulatory and court approvals and the satisfaction of other customary conditions. "I am pleased VMS shareholders have voted [...]

Royal Nickel announces that its 66% owned Beta Hunt Mine has processed 150.6 kg sample of the visible, coarse gold ore mined from the "Hand of Faith" area at a grade of 1.16% gold resulting in the recovery of 56.3 oz of gold. The HOF area is associated with an intersection in historical drill hole BE20-44 grading 455.9 g/t Au (14.7 oz/t) over 0.8 m including 1,000 g/t Au (32.2 oz/t) over 0.3 m. The balance of the ore [...]

Compilation of historical drilling highlights 5 drill intercepts greater than 311 g/t Au (10 oz/t) over core lengths in excess of 0.5m in 5 distinct zones of the mine and underscores bonanza-grade production potential RNC signs agreement giving it right to acquire 100% of Beta Hunt Mine RNC will host a call/webcast today at 10:00 a.m. (Eastern Time) to discuss the significant exploration and high grade potential at [...]

Royal Nickel announces that, with respect to a definitive agreement pursuant to which RNC will acquire all of the issued and outstanding common shares of VMS Ventures by way of a plan of arrangement, VMS Ventures has filed a Notice of Special Meeting and Management Information Circular under its profile on sedar.com. Additionally, with respect to its recently completed acquisition of a 66% interest in Salt Lake [...]

TORONTO, March 16, 2016 /CNW/ - Royal Nickel Corporation ("RNC") (TSX: RNX) announces that it has successfully completed the transaction announced on February 1, 2016 and has acquired an additional 46% of Salt Lake Mining Pty Ltd. ("SLM") to increase its ownership stake to 66%. The additional 46% stake was acquired from the existing SLM shareholders in exchange for 31.9 million common shares of RNC. The 20% interest [...]

TORONTO, March 7, 2016 /CNW/ - Royal Nickel Corporation ("RNC") (TSX: RNX) Announces that, further to its news release of February 1, 2016, the Beta Hunt Mine preliminary economic assessment ("PEA"), prepared as a NI 43-101 compliant technical has been filed under RNC's profile on SEDAR at www.sedar.com and on RNC's website at www.royalnickel.com. On February 1, 2016 RNC announced it reached an agreement to acquire a [...]

RNC's 68% owned subsidiary True North Nickel has discovered a new high grade gold, silver, copper and zinc mineralized trend at its newly consolidated Qiqavik Project in Northern Quebec. High grade gold mineralization was found during the 2015 exploration season with several grab samples ranging from 5 g/tonne up to 198 g/tonne over 15km of strike length, with several outcropping areas also containing high grade [...]

TORONTO, Feb. 26, 2016  /CNW/ - Royal Nickel Corporation (TSX: RNX) ("RNC") is pleased to report its review of activities and financial results for the year ended December 31, 2015. All amounts are expressed in Canadian dollars, unless otherwise noted, and are based on the audited financial statements for the year ended December 31, 2015, unless otherwise noted. Mark Selby, President and CEO, commented, "Although [...]

TORONTO, Feb. 16, 2016 /CNW/ - Royal Nickel Corporation ("RNC") (TSX: RNX) announces that Salt Lake Mining Pty Ltd. ("SLM") recently completed its second gold shipment and has recovered 3,718 ozs of gold from 42,144 tonnes of ore in its first two months of gold production at the Beta Hunt Mine on a 100% basis, in line with expectations. On February 1, 2016 RNC announced it reached an agreement to acquire a 67 [...]