TORONTO, ONTARIO -- (Marketwired) -- 08/03/15

First Nickel Inc. ("First Nickel", "FNI" or the "Corporation") (TSX:FNI) announces that an explosion was experienced underground at the Lockerby mine on Sunday morning. One worker, who experienced minor injuries and smoke inhalation completed a medical assessment and is now at home. Three workers were checked for smoke inhalation and released without medical treatment. The Company is investigating the cause of the incident and resuming normal operations today.

About FNI

FNI is a Canadian mining and exploration company. FNI's mission is to be the most dynamic North American emerging base metal mining company in which to work and invest and to be respected in the communities in which it operates. FNI owns and operates the Lockerby Mine in the Sudbury Basin in northern Ontario, which reached full production during 2013.

FNI's shares are traded on the TSX under the symbol FNI.

Contacts:
Thomas Boehlert
First Nickel Inc.
President & CEO
T: 416 362-7050 x 225
E: tboehlert@fnimining.com