Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) today announced that its wholly owned subsidiary, NetZero Metals Inc. (“NetZero”), intends to develop two processing facilities in the Timmins Nickel District. One facility will be utilized for nickel processing, while the second will house stainless-steel and alloy production. The initiatives are expected to represent an important economic development for the Timmins Nickel District and provide significant additional capacity to fill a critical link in the development of North American critical minerals supply chains and the province’s electric vehicle strategy. “These processing facilities will position the Timmins Nickel District and Canada at the forefront of the global transition to greener energy and materials,” said Mark Selby, CEO of Canada Nickel Company. “We are proud to lead the way in planning the development of new capacity to meet the growing demand for the local supply of critical minerals, and most importantly, zero carbon, environmentally responsible production in North America.”

To view the full press release, visit https://ibn.fm/m0kq7

About Canada Nickel Company Inc.

Canada Nickel is advancing the next generation of nickel- sulphide projects to deliver nickel required to feed the high-growth electric vehicle and stainless steel markets. Canada Nickel has applied in multiple jurisdictions to trademark the terms NetZero Nickel(TM), NetZero Cobalt(TM) and NetZero Iron(TM) and is pursuing the development of processes to allow the production of net-zero carbon nickel, cobalt and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. For more information, please visit www.CanadaNickel.com.

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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