Canada Nickel closes C$ 21 million non-brokered private placement at C$ 1.5 per unit

• Canada Nickel closed an upsized non-brokered private placement raising gross proceeds of C$ 21 million.
• Sold 14,000,000 units at C$ 1.5 each; each unit includes one common share plus a half warrant.
• Each whole warrant is exercisable at C$ 2.25 for 36 months from the issue date.
• Avenir Minerals bought 666,667 units through pro rata participation rights under a 2023 investor rights agreement.
• Proceeds earmarked for permitting and engineering, debt repayment, working capital, general corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Canada Nickel Company Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202608280946CANADANWCANADAPR_C1832) on August 28, 2026, and is solely responsible for the information contained therein.