Mr. Mark Selby reports

CANADA NICKEL PROVIDES CORPORATE UPDATE

Canada Nickel Company Inc. has extended the closing date of the $20-million convertible note with Taykwa Tagamou Nation (TTN), announced on Dec. 16, 2024. Completion of the transaction is expected to occur by Feb. 14, 2025, and is subject to certain conditions, including the approval of the TSX Venture Exchange and the receipt of all other required third party consents.

About Canada Nickel Company Inc.

Canada Nickel Company is advancing the next generation of nickel sulphide projects to deliver nickel required to feed the high-growth electric vehicle and stainless-steel markets. Canada Nickel is currently anchored by its 100-per-cent-owned flagship Crawford nickel sulphide project in the emerging Timmins nickel district. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero Nickel, NetZero Cobalt and NetZero Iron, and is pursuing the development of processes to allow the production of net-zero-carbon nickel, cobalt and iron products. Canada Nickel provides investors with leverage to nickel in low-political-risk jurisdictions.

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