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Canada Nickel Achieves Significant Permitting Milestone for Crawford Nickel Project

Highlights
• Federal review of the Crawford Nickel Project’s Impact Statement is complete
• Federal Assessment Impact initiated with permitting decision targeted by summer 2026

Canada Nickel Company Inc. (“Canada Nickel” orthe “Company”) is pleased to announce that the Impact Assessment Agency of Canada (“IAAC”) has formally commenced the Impact Assessment phase under the federal Impact Assessment Act (“the Act”) for the Company’s Crawford Nickel Project (“Crawford”, “the Project”), following confirmation of the completion of the Impact Statement phase.

Mark Selby, CEO of Canada Nickel, said, “As we move into the Impact Assessment phase for Crawford, our focus is firmly on advancing the project with the same transparency and collaboration that has brought us this far. The completion of the Impact Statement phase is an important milestone, and we appreciate the thorough review by IAAC and the valuable input from federal and provincial authorities, Indigenous Nations, and the public. With the collaborative, parallel processing approach alongside IAAC, we anticipate being in a position to receive the federal permitting decision by summer 2026. We remain committed to working closely with allstakeholders and Rightsholders as we enter this critical next stage of development.”

On November 22, 2024, Canada Nickel submitted its Impact Statement for Crawford to IAAC. Following a public comment period and technical review involving federal and provincial authorities, Indigenous Nations, and the public, IAAC provided comments on May 30, 2025, outlining additional informationrequired to complete the Impact Assessment.

Canada Nickel submitted its responses to IAAC’s comments on December 30, 2025. IAAC has advised that the information provided, together with the original Impact Statement, satisfies the requirements of subsection 19(1) of the Act. On March 3, 2026, IAAC published a notice on the Canadian Impact Assessment Registry formally ending the Impact Statement phase and initiating the Impact Assessment phase.

Pierre-Philippe Dupont, Vice President of Sustainability, said, “Advancing into the Impact Assessment phase marks a significant step forward for Crawford, and builds on the extensive technical work, environmental planning, and Indigenous engagement that has gone into Crawford to date. We remain focused on ensuring the Project meets the highest environmental standards while contributing to Canada’s critical minerals strategy and climate objectives.”

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