News Releases

TORONTO, ONTARIO, February 9, 2023 —Nickel 28 Capital Corp. (“Nickel 28” or the “Company”) (TSXV: NKL) (FSE: 3JC0) ), one of Canada’s only pure-play nickel and cobalt producers, today announced its participation in the following investment conferences:

• BMO Global Metals, Mining & Critical Minerals Conference
  Senior management including Anthony Milewski, Justin Cochrane, and Conor Kearns, will participate in BMO’s Global Metals, Mining & Critical Minerals Conference with a series of one-on-one meetings with institutional investors and industry peers from February 26 – March 1, 2023.

• PDAC Convention
  Senior management including Anthony Milewski, Justin Cochrane, and Conor Kearns, will participate in PDAC, The World’s Premier Mineral Exploration & Mining Convention, from March 5 – 8, 2023 and are available for meetings.

“We look forward to the coming conference season and meeting with our current and future shareholders” stated Anthony Milewski, the Company’s Chairman.

About Nickel 28

Nickel 28 Capital Corp. is a nickel-cobalt producer through its 8.56% joint-venture interest in the producing, long-life and world-class Ramu Nickel-Cobalt Operation located in Papua New Guinea. Ramu provides Nickel 28 with significant attributable nickel and cobalt production thereby offering our shareholders direct exposure to two metals which are critical to the adoption of electric vehicles. In addition, Nickel 28 manages a portfolio of 13 nickel and cobalt royalties on development and exploration projects in Canada, Australia, and Papua New Guinea.

Cautionary Note Regarding Forward-Looking Statements

This news release contains certain information which constitutes ‘forward-looking statements’ and ‘forward-looking information’ within the meaning of applicable Canadian securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”, “potential”, “believe”, “intend” or the negative of these terms and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, most of which are beyond the Company’s control. Should one or more of the risks or uncertainties underlying these forward-looking statements materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance or achievements could vary materially from those expressed or implied by the forward-looking statements.

The forward-looking statements contained herein are made as of the date of this release and, other than as required by applicable securities laws, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. The forward-looking statements contained in this release are expressly qualified by this cautionary statement.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No securities regulatory authority has either approved or disapproved of the contents of this news release.

Investor Contact:

Justin Cochrane
Tel: 289.314.4766
Email: info@nickel28.com