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Cumberland Resources Nickel Corp

11:59 AM EST - Cumberland Resources Nickel Corp : Announces the Company is positioning itself as a player in the severely undersupplied graphite market, a critical component in batteries for electric vehicle and rapidly growing residential and industrial uses. Cumberland is tapping into the market demand for graphite by securing a 100% interest in the Indigo Graphite Property. The Indigo Claims provide the Company with the opportunity to expeditiously replicate the exploration and development success that has allowed Nouveau Monde to bring its Matawinie graphite deposit to near-production. Cumberland Resources Nickel Corp shares C.LAND are trading unchanged at $0.05.