NetworkNewsBreaks — Canada Nickel Company Inc.’s (TSX.V: CNC) (OTCQX: CNIKF) Texmont Project ‘Continues to Deliver Excellent Results’

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company focused on advancing the next generation of nickel-sulfide projects, recently released its findings from preliminary metallurgical testing at its Texmont Nickel Sulphide Project, and the results meet or exceed historical results. “Nickel metal has a key role to play in the 2023 battery grade market, states a recent Fastmarkets report… ‘Fastmarkets researchers forecast that demand for nickel for use in EV batteries represents around 280,000 tonnes per year of nickel metal globally, which corresponds to around 10% of worldwide demand for nickel. But this figure is set to grow significantly. Demand from the battery industry is expected to increase to close to 314,000 tonnes in 2023 and to 668,000 tonnes by 2025.’ With that projection as a backdrop, Canada Nickel’s report of nickel recoveries of 79% to 84% couldn’t have come at a better time,” reads a recent article, which contains excerpts from the Fastmarkets report. “Texmont continues to deliver excellent results, with initial metallurgy yielding nickel and cobalt recoveries and concentrate grades exceeding our expectations,” Canada Nickel CEO Mark Selby is quoted as saying. To view the full article, visit https://nnw.fm/mWqzn 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://nnw.fm/CNIKF About NetworkNewsWire NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only) For more information please visit https://www.networknewswire.com Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer NetworkNewsWire (NNW) New York, New York www.networknewswire.com 212.418.1217 Office [email protected] NetworkNewsWire is part of the InvestorBrandNetwork.