Mr. David Patterson reports

QUEBEC NICKEL ANNOUNCES 2023 AGM RESULTS

Quebec Nickel Corp. has released the voting results from the annual general meeting of shareholders held on Dec. 19, 2023.

At the meeting, 19.21 per cent of the issued and outstanding shares were represented in person or by proxy. Details of all resolutions that were voted upon are set out in the management information circular dated Nov. 17, 2023. The circular is available on SEDAR+.

All resolutions submitted for shareholder approval were approved, including:

• Receipt of the audited financial statements for the year ended March 31, 2023;
• Setting the number of directors at three;
• Electing three directors of the company: David Patterson, Hani Zabaneh and Edward Low;
• The appointment of Baker Tilly WM LLP as the auditor of the company.

Richard Dufresne and Christine Petch did not stand for re-election at the meeting.

David Patterson, chief executive officer of the company, commented, "On behalf of everyone at QNI, we would like to thank Mr. Dufresne and Ms. Petch for their contributions during their terms as directors and wish them both the best in their future endeavours."

About Quebec Nickel Corp.

Quebec Nickel is a mineral exploration company focused on acquiring, exploring and developing critical metals (nickel-copper-cobalt-platinum group elements) projects in Quebec, Canada. The company has a 100-per-cent interest in the Ducros property, consisting of 282 contiguous mining claims covering 15,293 hectares within the eastern portion of the Abitibi greenstone belt in Quebec, Canada.

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