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Introducing Nickel 28's New Leadership: a Strategic Shift for Success

The mining world is at a pivot point, between soaring net-zero demands, geopolitical shifts and huge energy demands from Artificial Intelligence. Nickel will be a metal at the centre of this transition.

And so, Nickel 28 is announcing new leadership to prepare the company for this new future.

Meet Mr. Christopher S. Wallace, our Interim Chief Executive Officer

Mr. Wallace brings a wealth of expertise in leadership and finance to the company, as well as a renewed perspective and discipline of oversight for the company during this transition period.

With decades of experience across the critical mineral industry and other public corporate directorships, Mr. Wallace has a deep understanding of the opportunities ahead.

"At Nickel 28, we stand at the forefront of a transformative era for the mining industry. As we navigate the complexities of the energy transition and fast-evolving global market dynamics, our commitment to innovation, sustainability, and operational excellence remains unwavering. I am privileged to lead this exceptional team and excited about the possibilities that lie ahead" — Christopher S. Wallace, Interim Chief Executive Officer

Mr. Wallace is Managing Director of CCC Investment Banking, a mid-market investment bank that is involved in mergers and acquisitions, financings, valuations and provides fairness and expert opinions. He is an experienced corporate director and currently sits on the board of GoviEx Uranium Inc., the fifth largest publicly-traded uranium company by resource size in the world. Mr. Wallace also serves as Chair of the audit committee and as a member of the human resources and compensation committee of the board of GoviEx Uranium Inc.

As a current member of the company's Board, appointed as part of the reconstitution undertaken last year, as well as chair of the company's Audit Committee, Mr. Wallace is able to hit the ground running with strategic initiatives for the company's long-term goals.

Meet Mr. Brett Richards, our Director & Advisor to the CEO and Board

Mr. Brett Richards is an experienced and accomplished natural resources executive and corporate director with over 37 years of experience in senior and operational management, project development and corporate business development in the mining and metals industry.

Mr. Richards, a current member of the board, has agreed to provide transition consultancy services to the company in the coming months to support the company's ongoing business strategy and operations until the vacant leadership roles have been filled.

"Nickel 28 will play a crucial role in the global nickel and mining industry over the next decade, and so I am committed to ensuring the company is positioned to meet both the opportunities and challenges towards a successful future" — Mr. Brett Richards, Director & Advisor to the CEO and Board

Mr. Richards is a Director of TSX-V listed Goldshore Resources Inc.; a Director at TSXV listed Midnight Sun Mining; the CEO and Chairman of Banro Corporation Ltd., and the principal at Richards Enterprises Inc. ("REI") - Richards Enterprises Inc. (rei.capital

During the transition, the Board will ensure the company has the management expertise and skills needed to execute on its strategic vision and plans; and will exit the transition with a Board that is properly constituted with the requisite skills and experience to lead the company accordingly.

Forward-Looking Information: Some of the posted entries on the CEO Corner may contain forward-looking statements. Forward-looking statements address future events and conditions which involve inherent risks and uncertainties. Actual results could differ materially from those expressed or implied by them. Examples of forward looking information and assumptions include future estimates of the worldwide supply and demand for nickel and other metals and the effect that these changes could have on the short term and long term price of nickel and other metals on the world markets, statements regarding the future operating or financial performance of Nickel 28 including the net present value, metal recoveries, capital costs, operating costs, production, rates of return and payback. Forward looking statements involve known and unknown risks and uncertainties which may not prove to be accurate. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com.

In some cases, forward-looking statements can be identified by terminology such as "may", "will", "should", "expect", "projects", "plans", "anticipates" and similar expressions. These statements represent management's expectations or beliefs concerning, among other things, future operations and various components thereof affecting the economic performance of Nickel 28. Undue reliance should not be placed on these forward-looking statements which are based upon management's assumptions and are subject to known and unknown risks and uncertainties, including the business risks discussed above, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Accordingly, readers are cautioned that events or circumstances could cause results to differ materially from those predicted.

Links: Some of the posted entries on the CEO Corner may include links to 3rd party websites. Nickel 28 has not reviewed all websites linked to or from this Site and is not responsible for the contents of any such websites. The inclusion of any link does not imply endorsement by Nickel 28 of the linked website or its content. Use of any such linked website is at the user's own risk.

For further information we refer you to our legal notice.