Canada Nickel Announces Filing of NI 43-101 Technical Reports for Previously Announced Updated Deloro Project Resource and Initial Nesbitt Project Resource

Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQB: CNIKF ) today announced that the Company has filed on SEDAR+ the independent technical reports (the "Reports") prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") supporting the initial mineral resource estimate for its 100% owned Nesbitt Nickel Sulphide Project ("Nesbit") and the updated mineral resource estimate for the 100% owned Deloro Nickel Sulphide Project ("Deloro") near Timmins, Ontario.

There are no material differences in the Report from those results disclosed in the Company's news release dated July 23, 2026.

The Mineral Resource Estimate, effective as of July 23, 2026, was prepared following the CIM Definition Standards for Mineral Resources and Reserves (November 29, 2019).

The two full technical reports, issued September 8, 2026 and with Mineral Resource Estimates having an effective date of July 23, 2026, are titled "National Instrument 43-101 Mineral Resource Estimate and Technical Report for the Deloro Ni-Co-Pd-Pt Deposit, Deloro Nickel Sulphide Project", and "National Instrument 43-101 Initial Mineral Resource Estimate and Technical Report for the Nesbitt Ni-Co-Pd-Pt Deposit, Nesbitt Nickel Sulphide Project"

The Reports were prepared for Canada Nickel by Caracle Creek International Consulting Inc. and can be found under the Company's issuer profile at SEDAR+ www.sedarplus.com .

Qualified Person Stephen J. Balch P.Geo. (ON), VP Exploration of Canada Nickel and a "qualified person" as defined in NI 43-101, has reviewed and approved the scientific and technical information in this news release.

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-Cobalt 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]

Cautionary Note and 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 includes, but is not limited to, the potential of the Midlothian and Bannockburn Projects, the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, timing and completion (if at all) of additional mineral resource estimates, the potential of the Timmins Nickel District, strategic plans, including future exploration and development plans and results, and corporate and technical objectives. 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, pol...