Core Insights - Fathom Nickel Inc. has completed its summer field exploration program at the Gochager Lake Project, despite a three-day interruption due to a lightning-induced wildfire [1][6]. Program Highlights - A total of 2,926 B-horizon soil samples were collected from 3,183 designated sites, along with 337 rock samples analyzed on-site for nickel, copper, cobalt, and other key elements [5]. - Approximately 90% of the intended soil geochemistry sampling coverage was completed, adding 3.5 km of coverage to the northeast and 2.5 km to the southwest [5]. - The total area covered by soil geochemistry now spans approximately 9 km in strike and 1-3 km in width, focusing on an interpreted structural corridor [5]. Mineralization Findings - Nickel in disseminated sulphide mineralization was detected approximately 1,200 m along strike of the historic Gochager Lake deposit, with additional findings of nickel in gabbroic and ultramafic rocks [5][7]. - The highest nickel-in-soil sample was collected approximately 800 m west-southwest of the historic Gochager Lake deposit [7]. Future Plans - The company anticipates interpreting the results of the soil and rock geochemistry program by mid-September, with plans for a geophysical survey to assess conductivity associated with newly discovered mineralized rocks [6][7]. - The exploration program aims to further define the nickel camp in north-central Saskatchewan, with ongoing efforts to expand the known mineralization footprint [6][15]. Company Overview - Fathom Nickel Inc. is focused on magmatic nickel sulphide discoveries to secure North American critical minerals and support the global green energy transition [15]. - The company holds a portfolio of three exploration projects in Saskatchewan, including the Gochager Lake Project, which has shown significant potential for nickel-copper-cobalt mineralization [16].

Company Overview - Fathom Nickel Inc. has appointed Alan Coutts, former President and CEO of Noront Resources, to its Board of Directors, enhancing its leadership team with significant industry experience [1][4] - Coutts orchestrated the sale of Noront Resources to Wyloo Metals in 2022, a transaction valued at over C$650 million, marking it as the largest nickel acquisition in the past decade [1][2] Leadership Experience - Alan Coutts brings over 35 years of mining experience, having held senior management roles in various companies, including Xstrata Nickel and Noranda [2] - His expertise includes navigating complex permitting, financing, and exploration challenges, which will be beneficial for Fathom's projects [4] Project Portfolio - Fathom Nickel is focused on magmatic nickel sulphide discoveries to support the green energy transition and secure North American critical minerals [6] - The company has three high-quality exploration projects in Saskatchewan: 1. Albert Lake Project, over 90,000 hectares, previously hosted the Rottenstone Mine, which produced 28,724 tons at 3.3% Ni [8] 2. Gochager Lake Project, over 34,000 hectares, with a historic resource of 4.3 million tons at 0.295% Ni [8][11] 3. Friesen Lake Project, over 10,000 hectares, located near the historic Rottenstone Mine [8] Strategic Vision - Coutts sees potential in Fathom's properties, identifying them as hallmarks of an emerging nickel district, with favorable mining jurisdiction and identified nickel showings [4]

Core Viewpoint - Fathom Nickel Inc. has expanded the Gochager Lake Property by adding 10,519.43 hectares, bringing the total area to 34,409.34 hectares, while the planned summer field exploration has been delayed due to wildfires in Saskatchewan [2][4]. Company Update - Fathom Nickel is hosting a live update webinar for shareholders and stakeholders on June 11, 2025 [2]. - The company has expanded the Gochager Lake Property through direct staking with the Government of Saskatchewan [2]. Property Expansion Details - The expansion includes three contiguous mineral dispositions totaling 10,519.43 hectares [4]. - The Gochager Lake Property now consists of 39 contiguous mineral claims [4]. - The new staking covers known nickel-copper occurrences and gold occurrences, as well as potential extensions of the Borys Lake VMS-style trend [4]. Exploration Plans - The planned field exploration at Gochager Lake has been postponed due to wildfire conditions in the La Ronge area [4]. - Fathom intends to commence the field exploration later in the summer when conditions allow [4]. Geological Insights - The Gochager Lake Property hosts the historic Gochager Lake deposit, with a re-interpretation of a 2008 VTEM™ survey identifying a prospective structural corridor known as the "Gochager Trend" [5]. - The 2008 VTEM™ survey highlights complex conductors along the Gochager Trend [5]. - Fathom's analyses confirm that the mineralization at Mal Lake is analogous to the Gochager Lake deposit [5]. CEO Statement - The CEO of Fathom Nickel emphasized the potential of the Gochager Lake Property, highlighting not only nickel-copper-cobalt but also the importance of gold opportunities in Saskatchewan [6]. - The recent property expansion was motivated by an evolving understanding of the area and the potential for additional magmatic nickel sulphide deposits [6]. Additional Geological Data - The newly staked claims report multiple occurrences of anomalous Ni-Cu-Zn in bedrock and gold up to 2.68 g/t Au associated with shear-hosted quartz veins [7].

Core Viewpoint - Fathom Nickel Inc. has amended its upsized financing plan, which is expected to close on April 21, 2025, with the aim of raising gross proceeds of approximately $1.5 million through the issuance of units priced at $0.03 each [1][2][9]. Financing Details - The Amended Upsized Financing will consist of up to 27,470,958 Units under the LIFE exemption for gross proceeds of up to $824,128.74 and an additional 22,529,042 Units under other exemptions for gross proceeds of $675,871.26 [2]. - Each Unit will include one common share and one transferable common share purchase warrant, with the warrants exercisable at $0.05 for a period of 36 months [1][2]. Strategic Investment - Crescat Capital LLC has agreed to invest up to 33% in the Amended Upsized Financing, indicating strong interest from strategic investors [2]. Regulatory Compliance - The financing will be conducted under exemptions from prospectus requirements as per NI 45-106, and a new Amended Upsized Offering Document has been posted on SEDAR+ and the company's website [3][4]. Company Overview - Fathom Nickel Inc. is focused on exploring magmatic nickel sulphide deposits to support the electric vehicle market and secure North American critical minerals [7]. - The company holds three exploration projects in Saskatchewan, including the Albert Lake Project, Gochager Lake Project, and Friesen Lake Project, which have historical production and resource estimates [8].

Fathom Nickel Announces Upsizing of Previously Announced Private Placement to $1.5 Million, Including Strategic Participation by Crescat Capital LLCApril 10, 2025 7:50 AM EDT | Source: Fathom Nickel Inc.Calgary, Alberta--(Newsfile Corp. - April 10, 2025) -  Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) (the "Company" or "Fathom") is pleased to announce that, based on strong demand for its previously announced non-brokered private placement financing (announced March 3, 2025), the Com ...