Mr. Stuart Harshaw reports

NICKEL CREEK PLATINUM ANNOUNCES CLOSING OF SECOND AND FINAL TRANCHE OF PRIVATE PLACEMENT

Nickel Creek Platinum Corp. has closed the second and final tranche of its previously announced private placement pursuant to which the company issued 120,000 flow-through common shares at a price of $2.30 per FT share for aggregate gross proceeds of $276,000. With the approximately $1.5-million raised in the first tranche (see news release dated Nov. 19, 2025), the company raised total aggregate gross proceeds of approximately $1.8-million.

The net proceeds from the two tranches of the private placement will be used to finance the company's proposed 2026 exploration drill program, continuing permitting activities and holding costs at the company's Nickel Shaw project located in Yukon, and for general corporate expenses and working capital purposes. Gross proceeds from the sale of the FT shares will be used to finance the company's proposed 2026 drill program at the project as Canadian exploration expenses as defined in paragraph (f) of the definition of Canadian exploration expense in Subsection 66.1(6) of the Tax Act and flow-through mining expenditures as defined in Subsection 127(9) of the Tax Act, which will be renounced with an effective date of no later than Dec. 31, 2025, to purchasers of the FT shares.

The FT shares issued under this second tranche of the private placement are subject to a statutory four-month-and-one-day hold period from today's closing.

In connection with the issuance of the FT shares under this second tranche, Mine Equities Ltd. received 7,200 common shares, at a deemed issue price of $2.30 per share, as a finder's fee, representing 6 per cent of the gross proceeds received by the company from the sale of the FT shares in this second tranche.

About Nickel Creek Platinum Corp.

Nickel Creek is a Canadian mining exploration and development company, and its asset is its 100-per-cent-owned Nickel Shaw project. The Nickel Shaw project is a large undeveloped nickel sulphide project in one of the most favourable jurisdictions in the world, with a unique mix of metals, including copper, cobalt and platinum group metals. The Nickel Shaw project has exceptional access to infrastructure, located three hours west of Whitehorse through the paved Alaska Highway, which offers year-round access to deep-sea shipping ports in southern Alaska.

The company is led by a management team with a proven record of successful discovery, development, financing and operation of large-scale projects. Its vision is to create value for its shareholders by becoming a leading North American nickel, copper, cobalt and platinum group metal producer.

We seek Safe Harbor.