Mr. Paul Davis reports

EV NICKEL - ACQUIRES UNPATENTED MINING CLAIM OVER HIGH-GRADE LANGMUIR SOUTH AND LANGMUIR #2 NICKEL ZONES

An unpatented boundary mining claim was issued to EV Nickel Inc. in Langmuir township covering the historic nickel zone referred to as the Langmuir South zone which represent high-grade nickel sulphides located approximately 25 kilometres southeast of the city of Timmins. Pursuant to subsection 176(3) of the act, and as approved by the attached Order in Council (the OIC), an unpatented mining claim No. 964338 for the lands in boundary cell No. 42A06H380, was issued to the company and has been recorded in the Mining Lands Administration System (MLAS) on Oct. 2, 2025.

The new mining claim covers a significant portion of the historic Langmuir No. 2 mining infrastructure, including a capped, 440-metre deep mine shaft and associated drifts and raises, being contained within the overall property boundaries. In 1978, the Langmuir No. 2 nickel mine was closed with historical mineral reserve of 544,311 tonnes grading 1.45 per cent Ni remaining in the zone, as referenced in the Ontario Mineral Inventory Record ID MDI42A06SE00006 (source: Ontario Geological Survey Miscellaneous Paper 84 -- Annual Report of the Regional and Resident Geologist 1978, pg 51.; Timmins Daily Press, January, 1978). A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves, and the company is not treating the historical estimate as current mineral resources or mineral reserves.

"The issuing of the unpatented mining claim marks a major advancement for EV Nickel's Langmuir No. 2 project," said Paul Davis, vice-president of exploration. "The company is excited to have the opportunity to explore the project as a whole and determine the size and extent of the known high-grade nickel mineralization, adding to its stable of high-quality nickel assets in the Shaw Dome project."

A compilation of historic diamond drill holes completed on the project area indicate the presence of high-grade nickel mineralization associated with the Langmuir South and Langmuir No. 2 nickel mine zones. A summary of the historic drilling is available on page 54 in a 2010 technical report on the initial mineral resource estimate for the Langmuir North and Langmuir No. 1 nickel deposits, Langmuir township, Ontario, Canada, completed by Micon International Ltd. These results when combined with the results of EV Nickel's 2024 diamond drill program on the Langmuir No. 2 target including EV24-L04 that intersected 18.5 metres grading 1.07 per cent Ni (see EV Nickel press releases dated Sept. 4, 2024) represents an excellent exploration target to expand the high-grade nickel mineralization within the property boundaries.

The company has submitted an application for an exploration permit to complete diamond drilling on the property with the Ontario's Ministry of Energy and Mines and anticipates the permit before year-end 2025.

About EV Nickel Inc.

EV Nickel's mission is to provide the world with clean nickel from Tier 1 jurisdictions. The company's projects are located within 30 kilometres of Timmins, a developing hub of clean critical minerals for the North American battery and stainless-steel markets and an important emerging critical mineral district for the North American efforts to bring on-shore the full vertical integration of electric batteries and vehicles.

EV Nickel aims to play an integral part of the North American on-shoring initiative as the company's clean, low carbon deposits can be an important source of supply to support the Inflation Reduction Act (IRA), and Ontario and federal policies and initiatives which strive to bring clean critical mineral production from Canada into the North American supply chain and globally.

In further support of this initiative, the company has and will continue to partner with environmentally responsible and ethical organizations from around the province and around the world to assist in developing these essential critical minerals. EV Nickel is also eager to collaborate with all stakeholders, and leading sustainable engineering, mining, automotive and battery companies to provide this key input to support global decarbonization initiatives. The governments of Ontario and Canada are also providing significant legislative, policy and financial support to help ensure that the Timmins region becomes a leading participant in the developing North American supply chain for the clean transition energy.

Qualified person

The company's projects are under the direct technical supervision of Paul Davis, PGeo, and vice-president of the company. Mr. Davis is a qualified person as defined by National Instrument 43-101. He has reviewed and approved the technical information in this press release. There are no known factors that could materially affect the reliability of the information verified by Mr. Davis.

We seek Safe Harbor.