Victory Nickel is a Canadian exploration and development-stage mineral resource company and is primarily engaged in the acquisition, exploration and development of nickel properties in Canada. The recoverability of the carrying value of exploration and development projects, and Co.'s ability to continue as a going concern, is dependent upon the discovery of economically recoverable reserves and resources, Co.'s ability to finance development of its projects through debt or equity financings and achieving future profitable production, or alternatively upon the profitable disposal of projects.
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