Mr. Brad Humphrey reports

NICAN PROVIDES VOTING RESULTS FROM ANNUAL GENERAL MEETING

Nican Ltd. has provided the results of its 2024 annual general and special meeting of shareholders, held on Thursday, June 27, 2024, in Toronto, Canada. Shareholders holding 19,509,651 common shares, or 23.97 per cent, of the outstanding common shares of the company, were represented in person or by proxy at the meeting and voted in favour of all matters brought before the meeting.

The attached table details the results from the meeting.

                                

Motions                                           Votes for   Votes against   Votes withheld
Election of directors                                                                        
Michael Hoffman                                       98.61%           0.00%            1.39%
Brad Humphrey                                         98.61%           0.00%            1.39%
Alison (Saga) Williams                                98.52%           0.00%            1.48%
Dr. Mark Cruise                                       98.52%           0.00%            1.48%
Patrick Gleeson                                       98.61%           0.00%            1.39%
Svetoslava (Stacey) Pavlova                           98.52%           0.00%            1.48%
Appointment of Davidson & Company LLP as auditor     100.00%           0.00%            0.00%
Approval of long-term incentive plan                  98.44%           1.56%            0.00%

About Nican Ltd.

Nican is a mineral exploration company, trading under the symbol NICN on the TSX Venture Exchange. The company is actively exploring two nickel projects, both located in well-established mining jurisdictions in Manitoba, Canada.

We seek Safe Harbor.