Class 1 Nickel and Technologies Announces Director Resignation

TORONTO, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Class 1 Nickel and Technologies Limited. (CSE: NICO) ("Class 1" or the "Company") announces that Taylor Dignan has resigned from the Board of Directors of the Company to focus his efforts on his professional commitments as a corporate lawyer.

"The Company thanks Mr. Dignan for his excellent contribution to the Company as a corporate lawyer and for stepping in and assisting during a pivotal time of transition including recent capital raising requirements," stated Benjamin H. Cooper, President of Class 1.

Class 1 Nickel and Technologies Limited (CSE: NICO) is a mineral resource company focused on the development of its 100% owned Alexo-Dundonald Project, a portfolio of komatiite hosted magmatic nickel-copper-cobalt sulphide resources located near Timmins, Ontario, as well as developing and exercising the option over the Somanike komatiite hosted nickel copper project in Quebec, which includes the famous Marbridge Mine.

For more information, please contact:

Benjamin Cooper, PresidentT: 416.454.0166E: [email protected]

For additional information please visit our new website at www.class1nickel.com and our Twitter feed: @Class1Nickel.

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by the management of the Company. Although the Company believes that the expectations and assumptions on which such forward- looking information is based on are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of this press release.

Source: Class 1 Nickel and Technologies Limited

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• SMARTBUILD launches BUY CANADIAN TECHNOLOGY Initiative, a nationwide campaign to bring software into Buy Canadian procurement rules
• Admission to Trading
• Wall Street's Next Big Trading Frontier Could be Prediction Markets Targeting $1 Trillion in Annual Volume