Mr. Mark Selby reports

CANADA NICKEL COMPANY STRENGTHENS ITS BOARD OF DIRECTORS

Canada Nickel Company Inc. has nominated Jackie Przybylowski to its board of directors at its coming annual general meeting on May 28, 2025. In the interim period, Ms. Przybylowski will serve as an observer to the board.

David Smith, chair of the board of Canada Nickel, said: "We are delighted to welcome Jackie to the Canada Nickel board of directors. Her long career as an accomplished metals and mining analyst, her extensive institutional investor and industry network, and her experience as a metallurgical engineer and early career in the steel industry bring a wealth of sectoral knowledge and an experienced perspective that will be invaluable as we move towards a construction decision on the company's Crawford nickel sulphide project by year-end 2025. We look forward to her contributions as we pursue our goal of building a leading global nickel company."

Ms. Przybylowski -- independent, non-executive director

Ms. Przybylowski is vice-president of capital markets at Gold Royalty Corp., a fast-growing precious metal royalty company. Prior to joining Gold Royalty, Ms. Przybylowski was managing director, metals and mining equity research analysis, at BMO Capital Markets, named the world's best metals and mining investment bank for the past 15 years. She is ranked a TopGun Investment Mind and analyst by Brendan Wood International. She led her team to cover the largest Canadian mining and metals companies. Ms. Przybylowski was previously an analyst in metals and mining equity research at Desjardins Capital Markets and Scotia Capital.

Ms. Przybylowski started her career as a metallurgical engineer at Stelco Lake Erie Steel, undertaking product development, process design and quality assurance. Her engineering background continues to inform her strategic decision making in the mining and metals industry. As an analyst, Ms. Przybylowski has visited more than 130 mines and projects across more than 30 countries. Ms. Przybylowski has earned degrees in business and metallurgical engineering, including her MBA, MEng and BASc from the University of Toronto. Ms. Przybylowski is also a professional engineer (PEng) and chartered financial analyst (CFA).

The company has provided for 138,889 deferred share units to be granted upon Ms. Pryzyblowski's election to the board of directors.

About Canada Nickel Company Inc.

Canada Nickel 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 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. Canada Nickel is currently anchored by its 100-per-cent-owned flagship Crawford nickel sulphide project in the heart of the prolific Timmins-Cochrane mining camp.

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