November 14, 2016 / 12:37 PM / in a year

BRIEF-RNC qtrly adjusted loss per share $0.02

Nov 14 (Reuters) - Royal Nickel Corp

* Royal nickel - 2016 mined gold production is now expected to be 29 - 30 koz and nickel production is now expected to be 1.5 - 2 kt for beta hunt mine

* Royal nickel corp - gold production ramp-up at beta hunt mine is expected to complete by q1 2017

* Rnc’s ability to operate as a going concern is dependent on its ability to raise financing

* Royal nickel corp says q3 beta hunt pre-commercial gold sales were 7,570 ounces, a 40% increase from 5,402 ounces in prior quarter

* Royal nickel corp qtrly adjusted loss per share $0.02

* Royal nickel corp qtrly loss per share $0.03

* Royal nickel -on a 100% basis, 2016 mined gold production now expected to be 29 - 30 koz and nickel production now expected to be 1.5 - 2 kt for beta hunt

* Royal nickel corp - in 2016, rnc expects its 30% share of production from reed mine to be 4-4.5 kt of copper and 0.5-0.75 koz of gold

* Royal nickel - can be no assurance that adequate or sufficient funding will be available in future, or available under terms acceptable to rnc

* Rnc announces q3 2016 results Source text for Eikon: Further company coverage:

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