Mr. Keith Morrison reports

PREMIUM NICKEL ANNOUNCES INVESTOR WEBINAR WITH CHAIRMAN AND CEO

Premium Nickel Resources Ltd. has extended an invitation to shareholders and investors to join a webinar scheduled for Wednesday, April 3, 2024, in Toronto, at 4:30 p.m. EDT/1:30 p.m. PDT. Chairman of the board Jim Gowans joins chief executive officer Keith Morrison to discuss key updates and engage in a question-and-answer session.

Details of the event are as follows.

Event:  Premium Nickel investor webinar

Date and time:  held in Toronto, Canada, on Wednesday, April 3, 2024, at 4:30 p.m. EDT/1:30 p.m. PDT

Where:  Zoom webinar: details to be provided upon registration

Please register your interest for the webinar.

After registering, you will receive a confirmation e-mail with information about joining the webinar.

Participants will be able to submit questions through the panel throughout the presentation; however, to ensure there is time to get through the potential high volume of questions, Premium Nickel highly encourages attendees to send questions through e-mail beforehand to jaclyn@premiumnickel.com.

About Premium Nickel Resources Ltd.

Premium Nickel is a mineral exploration and development company that is focused on the redevelopment of the previously producing nickel, copper and cobalt resource mines owned by the company in the Republic of Botswana. It is driven by its belief that the demand for these metals will continue to grow in the medium to long term as a result of global urbanization and the increasing adoption of electric motors over internal combustion engines. These metals are vital for achieving a low-carbon future.

Premium Nickel is committed to governance through transparent accountability and open communication within its team and its stakeholders. Its skilled team has worked over 100 projects collectively, accumulating over 400 years of resource discoveries, mine development and mine re-engineering experience on projects like the company's Selebi and Selkirk mines. Premium Nickel's senior team members have on average more than 20 years of experience in every single aspect of mine discovery and development from geology to operations.

We seek Safe Harbor.