First Nickel Inc. (TSX:FNI) is seeking acquisition opportunities. First Nickel is actively looking for acquisition opportunities amid a lack of investment in the junior mining sector, Thomas Boehlert, President and Chief Executive Officer of First Nickel, said. “We want to use that opportunity to acquire additional assets to diversify away from a single-asset base and build a portfolio of assets that will be viable in the interim and very valuable when the commodity markets turn around," he said.

Boehlert said the company is focusing its search on London Metal Exchange-traded base metal opportunities in the Americas, but he didn't specify a timeframe. "We look for opportunities based on our existing skill set where we can add something to create value," he said.