Mr. David Patterson reports

QUEBEC NICKEL CORP. ANNOUNCES OFFERING NOW FULLY ALLOCATED

Quebec Nickel Corp.'s non-brokered private placement for gross proceeds of $500,000 initially announced on Dec. 17, 2025, is fully allocated.

"We thank our existing shareholders for their continued support of the company and appreciate the interest from new shareholders participating in this offering," said David Patterson, chief executive officer of Quebec Nickel.

The offering is subject to approval of the Canadian Securities Exchange. Securities issued under the offering will be subject to a hold period which will expire four months and one day from the date of closing of the offering.

About Quebec Nickel Corp.

Quebec Nickel is a mineral exploration company focused on acquiring, exploring and developing critical metals (Au-Ni-Cu-Co-PGE) (gold-nickel-copper-cobalt-platinum group elements) projects in North America.

Qualified person

Johan Lambrechts, QP, is the company's qualified person as defined by National Instrument 43-101 and has reviewed the scientific and technical information that forms the basis for portions of this news release. He has approved the disclosure herein. Mr. Lambrechts is not independent of the company, as he is a director of the company.

We seek Safe Harbor.