Ms. Misty Urbatsch reports

CORE NICKEL RECEIVES FINAL APPROVAL FROM CSE AND ANNOUNCES LISTING DATE

Core Nickel Corp. has received final approval to list its common shares on the Canadian Securities Exchange.

The company's common shares are expected to commence trading at market open on Monday, Nov. 27, 2023, under the trading symbol CNCO.

The directors and officers of Core Nickel are:

• Misty Urbatsch -- president, chief executive officer and director;
• Harry Chan -- chief financial officer and corporate secretary;
• Cory Belyk -- director;
• Karen Lloyd -- director;
• Shane Shircliff -- director.

Ms. Urbatsch, chief executive officer and president of Core Nickel, stated the following: "Achieving the CSE listing is a significant milestone for the Core Nickel team. This achievement will power Core Nickel to advance the company's Tier 1 nickel assets situated in the fifth-largest sulphide nickel belt in the world, Thompson nickel belt, Manitoba. It also provides Core Nickel with the opportunity to further advance the Mel deposit, which boasts a historical NI 43-101-compliant indicated nickel resource of 82 million pounds. The strategic positioning of Core Nickel's assets proximal to the world-class production centre of Vale's Thompson operation in Manitoba, Canada, is a rarity. The untapped potential within Thompson nickel belt, an underexplored Tier 1 nickel jurisdiction, presents a massive opportunity for a substantial new discovery. By unlocking the potential of our nickel asset, Core Nickel aims to support the ongoing efforts to increase the supply of responsibly sourced nickel, contributing to a net-zero future."

About Core Nickel Corp.

Core Nickel is a junior nickel exploration company that controls 100 per cent of five properties in the prolific nickel district, the Thompson nickel belt (TNB) in Northern Manitoba, Canada.

We seek Safe Harbor.