VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 6, 2012) - CaNickel Mining Limited (TSX:CML) ("CaNickel" or the "Company"), has today filed a preliminary short form base shelf prospectus with the securities commissions in the provinces of British Columbia, Alberta, Ontario and Québec. Once the shelf prospectus is cleared, the filing will, subject to securities regulatory requirements, allow the Company to make offerings of common shares (the "Common Shares") up to an aggregate offering price of CAD$20,000,000 during the 25-month period that the final short form base shelf prospectus, including any amendments thereto, remains effective. The Common Shares may be offered at prices and on terms to be determined based on market conditions at the time of sale and set forth in an accompanying shelf prospectus supplement or in certain cases, an accompanying pricing supplement.... Read More