Québec Nickel Corp. Announces Closing of Private Placement

Group 1 - Québec Nickel Corp. has closed a non-brokered private placement for total gross proceeds of $500,000 [1][4] - The Offering involved the issuance of 4,000,000 units at a price of $0.125 per unit, with each unit consisting of one common share and one-half of a common share purchase warrant [2] - Each whole warrant is exercisable to acquire one additional common share at an exercise price of $0.225 per share for a period of two years from the date of issuance [2] Group 2 - The Units were issued under various prospectus exemptions, including family, friends, and business associates exemption, accredited investor exemption, and existing security holder exemption [3] - The Company paid aggregate cash finder's fees of $4,590 in accordance with Canadian Securities Exchange policies [4] - The net proceeds from the Offering will be utilized for general working capital purposes, including advancing exploration activities and evaluating strategic opportunities [4] Group 3 - All securities issued in connection with the Offering are subject to a statutory hold period of four months and one day from the date of issuance [5] - The Offering is still subject to final acceptance by the Canadian Securities Exchange [5] - Québec Nickel Corp. focuses on acquiring, exploring, and developing critical metals projects in North America [6]