Announcement • 5h
Canada Nickel Company Inc. Announces the Completion of the Initial Phase of Resource Development Across the Timmins Nickel District Canada Nickel Company Inc. announced the completion of the initial phase of resource development across the Timmins Nickel District, announcing an initial mineral resource (the "Mineral Resource Estimate" or "MRE") for its 100% owned Nesbitt Nickel Sulphide Project ("Nesbitt"), and an updated mineral resource (the "Updated Mineral Resource Estimate" or "Updated MRE") for its 100% owned Deloro Nickel Sulphide Project ("Deloro"), both located near Timmins, Ontario, Canada. The Nesbitt Nickel Sulphide Project is less than 3 kilometres northwest of the Company's Crawford Nickel Sulphide Project ("Crawford") and mine footprint and is accessible year-round by the permanent Camp 40 road. The Deloro Nickel Sulphide Project is located in the heart of the prolific Timmins Nickel District, adjacent to well-established, major infrastructure associated with over 100 years of regional mining activity. The Deloro Project is accessible year-round by road, is located just 8 km south of Timmins, 7 km southwest of the Dome Mine-Mill Complex, and less than 2 km from existing powerlines. The initial mineral resource was published on July 18, 2024. The Company has published mineral resource estimates for nine of its properties in the Timmins area, amounting to 4.63 billion tonnes of 0.24% nickel in Measured & Indicated Resources, for a total of 10.3 million tonnes of nickel metal, and an Inferred Resource of 5.70 billion tonnes of 0.23% nickel, for a total of 13.2 million tonnes of contained nickel metal. The Company continues to show the potential of its property package in the Timmins Nickel District. For comparison, the Sudbury Nickel District had an estimated pre-mining resource of 19 million tonnes of contained nickel (Naldrett and Lightfoot, 1993; Lesher and Thurston, 2002). For the Initial Mineral Resource Estimate, a total of 10,031 metres of core drilling in 28 drill holes were utilized to calculate the MRE in two categories as provided. The MRE is contained within two open pits, the West Pit and the East Pit. Inferred Resources total 152.1 Mt grading 0.23% Ni, for a total of 351 kt of contained nickel, and Indicated Resources total 24.5 Mt grading 0.23% Ni, for a total of 57.5 kt of contained nickel. A cut-off grade of 0.10% Ni was used. Drilling at Nesbitt was performed in 2021, 2024 and 2026. The 2026 campaign successfully completed the goal of infilling previous sections in order to define an initial resource estimate, gain understanding on the geology of the deposit as well as systematically collecting samples for mineralogical analysis that would help define the potential of nickel recovery. A technical report, for both Nesbitt and Deloro, supporting the initial and updated mineral resource estimates disclosed this day will be filed on SEDAR+ within 45 days of this news release. Mineralogical studies and metallurgical testwork will continue through 2026, as well as infill drilling to better define higher grade horizons and further upgrade the mineral resource with the goal of producing a Preliminary Economic Assessment (PEA). Announcement • Jun 11
Canada Nickel Company Inc. announced that it has received CAD 6.21 million in funding On June 10, 2026, Canada Nickel Company Inc. closed the transaction. The company issued 3,000,000 Flow-through shares of the company at a price of CAD 2.07 per share for aggregate gross proceeds of CAD 6,210,000. The Flow-Through Shares are subject to a hold period expiring four months and one day from the issue date in accordance with applicable Canadian securities laws. The Offering is subject to the final approval of the TSX Venture Exchange. Announcement • May 22
Canada Nickel Company Inc. announced that it expects to receive CAD 4.968 million in funding Canada Nickel Company Inc. announced a non-brokered private placement to issue 2,400,000 FT share at an issue price of CAD 2.07 for the proceeds of CAD 4,968,000 on May 21, 2026. All securities issued under the Offering will be subject to a hold period expiring four months and one day from the closing date of the Offering in accordance with applicable Canadian securities laws. The Offering is scheduled to close on or around June 10, 2026. The closing of the Offering is subject to certain conditions including, but not limited to, the listing of the FT Shares on the TSX Venture Exchange (the "TSX-V"), and the receipt of all necessary approvals including the approval of the TSX-V. 
