XML 55 R30.htm IDEA: XBRL DOCUMENT v3.22.2.2
SUMMARY OF COST OF ACQUISITION (Details)
Sep. 30, 2022
shares
Aug. 03, 2022
$ / shares
shares
Apr. 28, 2022
$ / shares
Apr. 26, 2022
CAD ($)
$ / shares
shares
Dec. 31, 2021
shares
Dec. 31, 2020
shares
IfrsStatementLineItems [Line Items]            
NAN’s shares outstanding before RTO | shares 115,442,343 31,748,399        
NAN share price ($/share) before RTO | (per share)   $ 0.39 $ 2.00      
North American Nickel [Member]            
IfrsStatementLineItems [Line Items]            
NAN’s shares outstanding before RTO | shares   85,616,075 [1]   158,741,995 76,679,908 64,083,487
NAN share price ($/share) before RTO | $ / shares       $ 0.58    
FV of shares transferred       $ 92,070,357    
FV of options, warrants and agent warrants       12,110,855    
FV of preferred shares       38,082    
Total Purchase Price       104,219,294    
Cash       11,051,917    
Trade and other receivables       450,522    
Property, plant and equipment       14,111    
Exploration and evaluation assets*       18,875,760    
Trade payables and accrued liabilities       (1,548,582)    
Net assets acquired       28,843,728    
Loss on acquisition       $ 75,375,567    
[1] Before the closing of the RTO, NAN owned 7,667,707 common shares of PNRC, representing approximately 8.96% of the issued and outstanding common shares of PNRC, based on there being 85,616,075 common shares of PNRC issued and outstanding at that time.