• Canada Nickel in December 2022 announced positive drilling results from exploration at its Reid and Sothman properties
• The company in November 2022 announced recovery of valuable by-products from a processing pilot test, including cobalt, palladium, platinum and chromium
• Canada Nickel announced in November 2022 improvements to its accelerated CO2 capture process
• Canada Nickel announced in October 2022 it closed a secured loan with Auramet International of $10 million
• Canada Nickel has engaged Deutsche Bank and Scotiabank as financial advisors for the Crawford Nickel Sulphide Project
• Projections indicate that, by 2035, world demand for nickel will double from current levels to 6 million tons annually

Canada Nickel Company (TSX.V: CNC) (OTCQX: CNIKF) is advancing the next generation of nickel-cobalt sulfide projects to deliver the metals needed to power the electric vehicle (“EV”) revolution and feed the high growth stainless steel market. The company is one of only a few new sources of potential supply outside Indonesia and China.

Canada Nickel possesses industry leading nickel expertise and is focused on low risk, well established mining jurisdictions. The company has launched wholly owned subsidiary NetZero Metals Inc. to develop zero-carbon production of nickel, cobalt and iron and has applied in multiple jurisdictions to…

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NOTE TO INVESTORS: The latest news and updates relating to CNIKF are available in the company’s newsroom at https://ibn.fm/CNIKF

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