Ms. Misty Urbatsch reports

CORE NICKEL GRANTS STOCK OPTIONS

Core Nickel Corp. has granted incentive stock options to certain directors, officers and consultants to purchase up to an aggregate of 1.62 million common shares in Core Nickel pursuant of the company's share option plan. The options are exercisable for a period of three years at a price of 5.5 cents per share. The options, and any underlying common shares issued on exercise thereof, will have a hold period expiring Sept. 25, 2024, in accordance with the policies of the Canadian Securities Exchange (CSE) and applicable securities laws.

About Core Nickel Corp.

Core Nickel is a junior nickel exploration company that controls 100 per cent of five properties in the prolific nickel district, the Thompson nickel belt (TNB) in Northern Manitoba, Canada. The five properties consist of approximately 27,000 hectares of land that is proximal to existing infrastructure, such as highways and operating mills.

The qualified person under National Instrument 43-101 -- Standards of Disclosure for Mineral Projects for this news release is Caitlin Glew, PGeo, vice-president of exploration for Core Nickel, who has reviewed and approved its contents.

Technical disclosure

The historical results contained within this news release have been captured from Manitoba Integrated Mining and Quarrying System (iMaQs), as available, and may be incomplete or subject to minor location inaccuracies. Management cautions that historical results were collected and reported by past operators, and have not been verified nor confirmed by a qualified person but form a basis for continuing work on the subject properties.

We seek Safe Harbor.