Mr. Barry Brown reports

FORT ST. JAMES NICKEL ANNOUNCES FORMATION OF WHOLLY-OWNED TECHNOLOGY SUBSIDIARY FOCUSED ON AI AND QUANTUM INNOVATIONS FOR THE MINING AND EXPLORATION SECTOR

In response to the rapid and transformative technological changes occurring across global industry, Fort St. James Nickel Corp. will be forming a wholly owned subsidiary dedicated to the acquisition, development, and deployment of artificial intelligence (AI) and quantum-based technologies specifically tailored for the mining and mineral exploration sector.

The mining industry is undergoing one of the most significant technological shifts in its history. Breakthroughs in machine learning, autonomous targeting systems, geophysical interpretation algorithms and emerging quantum-enhanced computational methods are rapidly changing the way deposits are discovered, evaluated and developed. Fort St. James recognizes the strategic importance of adopting these technologies early to strengthen exploration efficiency, reduce risk and create long-term value for shareholders.

Purpose of the new subsidiary

The newly formed subsidiary -- name to be announced shortly -- will focus on:

• Evaluating and acquiring AI-driven exploration technologies including predictive geological modelling, automated geochemical clustering, drill-target optimization and advanced anomaly detection.
• Pursuing strategic partnerships and acquisitions in the quantum-technology ecosystem, including quantum sensing, quantum-enhanced data processing and ultrahigh-resolution geophysics.
• Integrating technological tools across Fort St. James assets, enabling smarter exploration decisions, reduced exploration cost, improved discovery potential and greater operational efficiency.
• Exploring commercialization opportunities through licensing, joint ventures and applied-technology deployments with other junior and mid-tier mining companies.

Management commentary

"The mining industry is being reshaped at breakneck speed," stated Barry Brown, chief executive officer of Fort St. James Nickel. "AI and quantum technologies are no longer theoretical -- they are actively redefining exploration efficiency, target generation, geological interpretation and operational decision making. By structuring a dedicated subsidiary under FTJ, we are positioning the company at the forefront of this technological wave while creating a platform for potential new revenue streams and strategic partnerships."

Strategic alignment with FTJ's growth vision

Fort St. James believes the creation of this wholly owned subsidiary aligns with the company's broader objective of modernizing its exploration toolkit, sharpening its competitive edge and ensuring that shareholders benefit from the powerful technological advancements shaping the resource sector.

Further details, including the subsidiary name, leadership appointments, acquisition targets and initial strategic initiatives will be announced in the coming weeks.

About Fort St. James Nickel Corp.

Fort St. James Nickel is a Canadian exploration company focused on advancing its portfolio of prospective mineral projects located in New Brunswick. The company is committed to responsible exploration, value creation and the integration of innovative technologies across its operations.

We seek Safe Harbor.