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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
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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.

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