Canada Nickel Announces Filing of NI 43-101 Technical Reports for Previously Announced Initial Resources, Midlothian and Bannockburn Projects

Core Viewpoint - Canada Nickel Company has filed independent technical reports supporting the initial mineral resource estimates for its Midlothian and Bannockburn Nickel Sulphide Projects, with no material differences from previously disclosed results [1][2]. Group 1: Technical Reports - The technical reports were issued on February 2, 2026, with an effective date for the mineral resource estimates of December 15, 2025 [2]. - The reports are titled "National Instrument 43-101 Initial Mineral Resource Estimate and Technical Report for the Midlothian Ni-Co-Pd-Pt Deposit" and "National Instrument 43-101 Initial Mineral Resource Estimate and Technical Report for the Bannockburn Ni-Co-Pd-Pt Deposit" [2]. - The reports were prepared by Caracle Creek International Consulting Inc. and are available on SEDAR+ [2]. Group 2: Financial and Corporate Actions - Canada Nickel has amended its option agreement for the Midlothian property, agreeing to issue 27,400 common shares to optionors in exchange for deferring a payment of $200,000 from November 2025 to January 2026 [3]. Group 3: Company Overview - Canada Nickel is focused on advancing nickel-sulphide projects to meet the growing demand in electric vehicle and stainless-steel markets [5]. - The company is pursuing the development of processes for producing net zero carbon nickel, cobalt, and iron products, and has applied for trademarks related to these initiatives [5]. - Canada Nickel's flagship project is the 100% owned Crawford Nickel-Cobalt Sulphide Project located in the Timmins-Cochrane mining camp [5].