CANADA NICKEL COMPANY RELEASES 2025 ESG REPORT

TORONTO, Oct. 6, 2026 /PRNewswire/ -- Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQB: CNIKF) today released the Company's 2025 Environmental, Social, and Governance (ESG) Report. While ESG reporting remains voluntary for Canada Nickel as a development-stage company, the Company continues to report annually as part of its commitment to transparency, accountability, and responsible project development. The report documents performance, progress, and objectives across material environmental, social, governance, health and safety, and economic matters for the period January 1 to December 31, 2025.

"2025 was a defining year for Canada Nickel as we continued to advance the Crawford Nickel Project towards a construction decision in 2027 while strengthening our commitment to responsible mining and long-term sustainability across the Timmins Nickel District," said Mark Selby, CEO of Canada Nickel. "A key milestone was the growing recognition of Crawford as a nation-building critical minerals project. Its referral to the federal Major Projects Office (MPO) in 2025, followed by its designation under Ontario's One Project, One Process (1P1P) framework in January 2026, reflects Crawford's strategic importance to Canada's critical minerals supply chains, economic security and industrial future, while enabling the clean energy transition."

In 2025, Canada Nickel continued to advance the Company's goals toward true reconciliation and meaningful Indigenous economic participation by finalizing a $20 million equity investment from Taykwa Tagamou Nation, representing one of the largest direct investments by a First Nation in a Canadian critical minerals project at signing and a seat on the Board of Directors. The Company also entered into a  contracting agreement with Matachewan First Nation, Mattagami First Nation and Flying Post First Nation, through Wabun Tribal Council, creating opportunities for Indigenous participation in key Crawford infrastructure and construction activities.

"At Canada Nickel, we place tremendous value on Indigenous partnerships and responsible stewardship in the communities where we operate," continued Selby. "Developing Crawford in partnership with Indigenous Nations and local communities helps ensure that sustainability, environmental protection and project planning reflect local knowledge, priorities and values. Meaningful local participation is central to our vision for a low-carbon critical minerals corridor that supports both the economic and environmental priorities of communities across Northeastern Ontario."

For more information and to read the full 2025 ESG Report, please click here: CNC 2025 ESG Report

About Canada Nickel Company

Canada Nickel Company Inc. 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 Company has applied in multiple jurisdictions to trademark the terms NetZero NickelTM, NetZero CobaltTM, NetZero IronTM, 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 Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. For more information, please visit www.canadanickel.com.

For further information, please contact:

Mark Selby, CEO
Phone: 647-256-1954
Email: [email protected]

Sydney Oakes, Director of Indigenous Relations and Public Affairs
Email: [email protected]

Cautionary Statement Concerning Forward-Looking Statements

This press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information is necessarily based upon several assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors, which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Factors that could affect the outcome include, among others: future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities (known and unknown), general business, economic, competitive, political and social uncertainties, results of exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to obtain regulatory or shareholder approvals. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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SOURCE Canada Nickel Company Inc.