First Atlantic Nickel & Cobalt to Acquire 100% of North Arm Project in Newfoundland

• First Atlantic Nickel & Cobalt agreed to acquire 100% of the North Arm Ophiolite Property in western Newfoundland.
• The property comprises three mineral licences covering 209 claims across approximately 52.25 square kilometers.
• Consideration consists of 1,000,000 common shares at a deemed price of $0.55 per share.
• The buyer will also reimburse vendors for $51,250 in refundable security deposits at closing.
• Closing requires TSX Venture Exchange acceptance, with completion expected within five business days of acceptance, no later than January 31, 2027.

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. First Atlantic Nickel & Cobalt Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610302030NEWSFILECNPR____20261030_321936_1) on October 31, 2026, and is solely responsible for the information contained therein.