GRAND FALLS-WINDSOR, Newfoundland and Labrador, March 31, 2026 (GLOBE NEWSWIRE) — First Atlantic Nickel Corp. (TSXV: FAN | OTCQB: FANCF | FSE: P21) (the “Company” or “First Atlantic”) is pleased to announce that it has been accepted as a member of the U.S. Defense Industrial Base Consortium (the “DIBC”). The DIBC operates as a consortium-based contracting vehicle under the Office of the Assistant Secretary of War for Industrial Base Policy, which manages key industrial base investment authorities, including programs funded under Title III of the Defense Production Act (the “DPA”) and the Defense Industrial Base Fund under 10 U.S.C.
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Brief Summary
First Atlantic Nickel Corp. is thrilled to announce its acceptance into the U.S. Defense Industrial Base Consortium (DIBC). This membership positions the Company to contribute to crucial defense initiatives, addressing the midstream smelting bottleneck in the U.S. defense supply chain.
- Strategic Partnership: Collaboration under the DIBC is pivotal for defense-related projects.
- Innovation Focus: Emphasis on smelter-free nickel-cobalt alloy production.
- Robust Funding: Access to key investment vehicles under the Defense Production Act.
Why it matters: This move not only enhances First Atlantic’s strategic positioning but also reinforces its commitment to supporting U.S. defense capabilities.
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