NiCAN Reports Additional Strong Drill Results from the Wine Project in Manitoba, including 8.6 Metres of 2.22% NiEq

NiCan Limited ("NiCAN" or the "Company") (TSXV: NICN) reports additional assay results from its 2022 reconnaissance diamond drilling program at the Wine project in Manitoba, Canada (Figure 4). These drill holes were completed to further the understanding of the overall mineralization encountered on the Wine Occurrence and to assist in the targeting of future drilling within the Wine Gabbro area.

Highlights (complete assays set out in Tables 1 and 2):

Diamond drill hole Wine-22-03 intersected 8.6 metres at an average grade of 1.01% Cu, 1.89% Ni (2.22% NiEq), 0.10% Co, and 0.46g/t PGM from 66.6 to 75.4 metres and 1.8 metres at an average grade of 3.64% Cu, 0.33% Ni (1.53% NiEq), 0.01% Co and 0.81g/t PGM from 79.5 to 81.3 metres.
Diamond drill hole Wine-22-09 intersected 7.0 metres at an average grade of 1.57% Cu, 0.54% Ni (1.07% NiEq), 0.59% Co and 0.24g/t PGM from 21.0 to 28.0 metres.

Note: Nickel equivalent ("NiEq") was calculated using copper and nickel values only, Ni+(Cu*0.33)

Brad Humphrey , President, and CEO of NiCAN stated, "We are very happy with the overall results from this initial reconnaissance drilling program on the Wine Occurrence. The grades and widths of mineralization, including newly defined zones, exceeded our initial expectations for this program. We have gained a much better understanding of the potential geological model, and the configuration and grade of the mineralization, and will apply this knowledge to test multiple targets in the Wine Gabbro in upcoming drilling programs."

Drill Hole Wine-22-01

Hole Wine-22-01 (-50⁰) was drilled 20 meters north of hole Wine-22-05 in order to intersect the Main mineralized zone and encountered 1.75 metres of massive and disseminated pyrrhotite that averaged 1.93% NiEq and 2.56g/t PGMs (estimated true width of 1.2 metres). The mineralization is hosted in a light-coloured gabbro unit. It is interpreted that this correlates to the base of the 27-metre mineralized zone seen in hole Wine-22-05.

Drill Hole Wine-22-03

Hole Wine-22-03 (-45⁰) was drilled from the same drill pad and azimuth as hole Wine-22-01 and was designed to intersect the Main mineralized zone. The hole intersected massive, semi-massive and stringer sulphides hosted by a light-coloured gabbro over 8.6 metres at an average grade of 1.01% Cu, 1.89% Ni (2.22% NiEq) and 0.46g/t PGM from 66.75 to 75.35 metres (estimated true width of 5.8 metres). A gabbro unit from 79.45 to 81.25 with disseminated chalcopyrite and pyrrhotite averaged 3.64% Cu, 0.33% Ni (1.53% NiEq) and 0.81g/t PGMs over 1.8 metres (estimated true width of 1.2 metres). The Main mineralized zone remains open to the north.

Drill Hole Wine-22-04

Hole Wine-22-04 was drilled 25 metres south of hole Wine-22-02 and was designed to intersect the Main zone. The hole encountered 1.8 metres at an average grade of 0.14% NiEq (estimated true width of 1.2 metres) within disseminated chalcopyrite and pyrrhotite hosted by a gabbro unit. The hole appears to have undercut the Main mineralized zone.

Drill Hole Wine-22-09

Hole Wine-22-09 (-45⁰) was drilled from the same collar location as historical holes EEL 346 and RAD07-01 (Az 315⁰) but at an azimuth of 280⁰. The hole was designed to intersect the Main mineralized zone approximately 15 metres south of the mineralization encountered in hole Wine-22-02. The hole unexpectedly hit a lens of mineralization further up the hole from 19.0 to 30.6 metres that averaged 1.12% Cu, 0.4% Ni (0.77% NiEq) and 0.22g/t PGMs over 11.6 metres (estimated true width of 7.8 metres). This included a 7.0-metre zone averaging 1.57% Cu, 0.54% Ni (1.07% NiEq), 0.59% Co and 0.24g/t PGM from 21.0 to 28.0 metres (estimated true width of 4.7 metres). Two lower grade zones further down the hole are interpreted to represent the Main zone. These include 6.8 metres averaging 0.19% NiEq and 0.42 metres averaging 0.62% NiEq. Additional analysis is required to determine if the first zone intersected in this hole is a new mineralized pod or lens, or if it is part of the Main mineralized zone.

* Historical drill hole assays are listed in Table 4.

2022 Exploration Program

The initial 2022 reconnaissance and confirmation exploration program included an airborne geophysical survey, partial resampling of a historical drill hole, downhole geophysical (electro-magnetic) surveys and diamond drilling testing an area known as the Wine Occurrence, as well as other nearby anomalies. This program successfully achieved NiCAN's objective to confirm the presence of nickel-copper mineralization at the Wine Occurrence, better understand the orientation of the mineralization and improve NiCAN's understanding of the geological model, which will be used to better target future drilling programs. Subsequently, NiCAN completed an Airborne VTEM survey over the entire Wine property area. The final analysis and compilation of this survey is nearly complete and will be used, along with the 2022 exploration program and all historical data, to design the upcoming drilling program.

Assay, Analysis and QA/QC

All core samples were sent to the Saskatchewan Research Council ("SRC") in Saskatoon (an accredited laboratory) by secure transport for base and precious metal assay. Base metals were assayed by their ICP3 package, which includes a total of 35 analytes by ICP-OES (Inductively Coupled Plasma – Optical Emission Spectroscopy). Partial digestions were performed on a 0.5 gram aliquot of sample pulp which was digested in a mixture of HCl:HNO3, in a hot water bath and then diluted to 15 ml using deionized water. Over-limits for copper, nickel and cobalt had an aliquot of 1.0 gram sample pulp digested in a concentration of HCl:HNO3. The digested volume was then made up with deionized water for analysis by ICP-OES. Fire Assay Techniques involved a 30 gram aliquot of sample pulp which was mixed with a standard fire assay flux in a clay crucible and a silver inquart added prior to fusion. After the mixture was fused, the melt was poured into a form which was cooled. The lead bead was then recovered and cupelled until only the precious metal bead remained. The bead was then parted in dilute HNO3. The precious metals were then dissolved in aqua regia and then diluted for analysis by ICP-OES

Laboratory Quality Control protocols were applied to the assay sample package by SRC. NiCAN submitted a regular schedule of standards, blanks and duplicates into the sample stream for Quality Control measures. Drill core samples are split in half using a diamond saw with half saved for reference and the other half shipped for assay. In the case of duplicate samples the half core is quarter split with the two quarter splits sent for separate assay.

NiCAN does not have any historic QA/QC data for the 2007 or earlier drill results.

Qualified Person

Mr. Bill Nielsen , P.Geo, a consultant to NiCAN, who is a qualified person under National Instrument 43-101 – Standards of Disclosure of Mineral Projects ("NI 43-101") has reviewed and approved the scientific and technical information in this press release.

About NiCAN

NiCan Limited is a mineral exploration company, trading under the symbol "NICN" on the TSX-V. The Company has a strong balance sheet and is actively exploring two nickel projects, both located in well-established mining jurisdictions in Manitoba, Canada .

www.nicanltd.com

To receive news releases by e-mail, please register using the NiCAN website at www.nicanltd.com .

Cautionary Note Regarding Forward-Looking Statements

The information contained herein contains certain "forward-looking information" under applicable securities laws concerning the proposed financing, business, operations and financial performance and condition of NiCan Limited. Forward-looking information includes, but is not limited to, the size and timing of the drill program, results of the drill program, NiCAN's ability to identify mineralization similar to that found in prior drill holes, the benefits and the potential of the properties of the Company; future commodity prices (including in relation to NiEq calculations); drilling and other exploration potential; costs; and permitting. Forward-looking information may be characterized by words such as "plan," "expect," "project," "intend," "believe," "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Many of these assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct. Factors that could cause actual results to vary materially from results anticipated by such forward-looking information includes changes in market conditions, fluctuating metal prices and currency exchange rates, the possibility of project cost overruns or unanticipated costs and expenses and permitting disputes and/or delays. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking information.

Neither TSX-V nor its Regulation Services Provider (as that term is defined in policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.


Drill Hole ID	From (m)	To (m)	Length (m)	Cu (%)	Ni (%)	NiEq (%)	Co (%)	Au (g/t)	Pt (g/t)	Pd (g/t)	PGM (g/t)
Wine-22-1	77.5	79.2	1.8	1.30	1.50	1.93	0.04	0.19	0.97	1.40	2.56
Wine-22-3	66.8	75.4	8.6	1.01	1.89	2.22	0.10	0.06	0.07	0.33	0.46
Wine-22-3	79.5	81.3	1.8	3.64	0.33	1.53	0.01	0.39	0.06	0.36	0.81
Wine-22-4	93.8	95.6	1.8	0.33	0.04	0.14	0.00	0.07	0.00	0.07	0.13
Wine-22-9	19.0	30.6	11.6	1.12	0.40	0.77	0.04	0.10	0.03	0.09	0.22
incl Wine-22-9	21.0	28.0	7.0	1.57	0.55	1.07	0.06	0.13	0.02	0.09	0.24
Wine-22-9	50.7	57.5	6.8	0.18	0.13	0.19	0.01	0.07	0.01	0.09	0.17
Wine-22-9	76.4	76.8	0.4	1.66	0.07	0.62	0.00	3.19	0.00	0.06	3.25

**Table** 2 **: Assays Results for Drill Holes Wine-22-1, Wine-22-3, Wine-22-4, Wine-22-9**
Hole Number	From (m)	To (m)	length (m)	Co%	Cu%	Ni%	Au gm/t	Pt gm/t	Pd gm/t	Ag gm/t	PGM g/t	Ni Eq %
Wine 22-1	76.4	77.4	1.0	0.00	0.10	0.01	0.03	0.00	0.00	0.70	0.04	0.04
Wine 22-1	77.4	78.2	0.8	0.10	1.20	3.61	0.06	2.35	1.09	10.10	3.50	4.01
Wine 22-1	78.1	78.6	0.5	0.00	0.08	0.02	0.04	0.02	0.02	1.20	0.08	0.05
Wine 22-1	78.6	79.2	0.6	0.01	1.85	0.13	0.46	0.08	2.80	20.90	3.34	0.75
Wine 22-1	79.2	80.0	0.8	0.00	0.06	0.01	0.00	0.00	0.01	0.40	0.01	0.03
Wine 22-1	41.4	42.4	1.0	0.00	0.19	0.00	0.01	0.00	0.00	1.20	0.01	0.07
Wine 22-1	42.4	43.4	1.0	0.00	0.02	0.00	0.00	0.00	0.00	0.10	0.00	0.01
Wine 22-1	38.4	39.4	1.0	0.00	0.02	0.00	0.00	0.00	0.00	0.10	0.00	0.01
Wine 22-1	39.4	40.4	1.0	0.00	0.01	0.00	0.00	0.00	0.00	0.30	0.00	0.00
Wine 22-1	40.4	41.4	1.0	0.00	0.03	0.00	0.00	0.00	0.00	0.10	0.01	0.01
Wine 22-3	29.5	30.2	0.7	0.00	0.04	0.00	0.00	0.00	0.00	0.10	0.01	0.02
Wine 22-3	30.1	31.1	1.0	0.00	0.05	0.00	0.00	0.00	0.00	0.10	0.01	0.02
Wine 22-3	31.1	32.1	1.0	0.00	0.03	0.00	0.00	0.00	0.00	0.10	0.00	0.01
Wine 22-3	32.1	33.0	0.9	0.00	0.02	0.00	0.00	0.00	0.00	0.10	0.00	0.01
Wine 22-3	65.7	66.7	1.0	0.00	0.40	0.01	0.03	0.00	0.16	1.10	0.18	0.14
Wine 22-3	66.7	67.3	0.6	0.01	5.01	0.24	0.12	0.16	0.24	12.00	0.53	1.91
Wine 22-3	67.3	68.3	1.0	0.17	0.63	3.47	0.04	0.01	0.58	5.70	0.63	3.68
Wine 22-3	68.3	69.1	0.8	0.15	0.70	3.12	0.08	0.01	0.36	3.00	0.45	3.35
Wine 22-3	69.1	70.1	1.0	0.18	0.34	3.67	0.00	0.06	0.14	0.10	0.20	3.78
Wine 22-3	70.1	71.1	1.0	0.00	0.01	0.08	0.00	0.01	0.00	0.10	0.01	0.08
Wine 22-3	71.1	72.1	1.0	0.07	1.14	1.38	0.09	0.02	0.46	3.80	0.56	1.76
Wine 22-3	72.1	73.0	0.9	0.09	0.41	1.86	0.08	0.21	0.83	1.50	1.12	1.99
Wine 22-3	73.0	73.7	0.7	0.00	0.01	0.02	0.00	0.00	0.01	0.10	0.01	0.02
Wine 22-3	73.7	74.5	0.8	0.13	0.27	2.29	0.09	0.10	0.17	8.00	0.37	2.38
Wine 22-3	74.3	75.3	1.0	0.01	0.15	0.15	0.04	0.01	0.05	1.20	0.11	0.20
Wine 22-3	75.3	76.7	1.4	0.00	0.29	0.02	0.04	0.03	0.03	2.00	0.10	0.12
Wine 22-3	76.7	78.0	1.3	0.00	0.12	0.01	0.00	0.01	0.01	1.00	0.02	0.05
Wine 22-3	78.0	79.5	1.5	0.00	0.02	0.01	0.00	0.00	0.01	0.40	0.01	0.02
Wine 22-3	79.5	80.4	0.9	0.00	1.77	0.14	0.50	0.06	0.27	15.20	0.84	0.73
Wine 22-3	80.4	81.3	0.9	0.01	4.79	0.45	0.20	0.05	0.38	43.50	0.64	2.05
Wine 22-4	93.8	94.8	1.0	0.00	0.20	0.03	0.04	0.00	0.07	2.00	0.11	0.10
Wine 22-4	94.8	95.6	0.8	0.00	0.49	0.04	0.09	0.00	0.07	5.80	0.16	0.20
Wine 22-9	7.8	9.0	1.2	0.01	0.21	0.07	0.00	0.01	0.06	0.30	0.08	0.14
Wine 22-9	9.0	10.2	1.2	0.00	0.03	0.01	0.00	0.00	0.01	0.10	0.02	0.02
Wine 22-9	10.2	11.0	0.8	0.00	0.08	0.02	0.00	0.00	0.03	0.10	0.04	0.05
Wine 22-9	11.0	12.0	1.0	0.00	0.02	0.01	0.00	0.00	0.00	0.10	0.01	0.02
Wine 22-9	12.0	13.0	1.0	0.00	0.00	0.01	0.00	0.00	0.00	0.10	0.00	0.01
Wine 22-9	13.0	14.0	1.0	0.00	0.02	0.01	0.00	0.00	0.00	0.10	0.00	0.02

Hole Number	From (m)	To (m)	length (m)	Co%	Cu%	Ni%	Au gm/t	Pt gm/t	Pd gm/t	Ag gm/t	PGM g/t	Ni Eq %
Wine 22-9	14.0	15.0	1.0	0.01	0.07	0.09	0.00	0.00	0.01	0.30	0.01	0.11
Wine 22-9	15.0	16.0	1.0	0.01	0.17	0.09	0.01	0.00	0.02	0.80	0.03	0.15
Wine 22-9	16.0	17.0	1.0	0.01	0.02	0.04	0.00	0.00	0.01	0.10	0.02	0.05
Wine 22-9	17.0	18.0	1.0	0.00	0.14	0.02	0.00	0.00	0.03	0.40	0.03	0.07
Wine 22-9	18.0	19.0	1.0	0.00	0.03	0.01	0.00	0.00	0.01	0.10	0.01	0.02
Wine 22-9	19.0	20.0	1.0	0.01	0.64	0.14	0.02	0.03	0.18	2.00	0.23	0.35
Wine 22-9	20.0	21.0	1.0	0.02	0.63	0.17	0.10	0.06	0.20	2.60	0.35	0.38
Wine 22-9	21.0	22.0	1.0	0.04	0.67	0.37	0.04	0.00	0.37	2.40	0.41	0.60
Wine 22-9	22.0	23.0	1.0	0.10	0.48	0.81	0.13	0.04	0.10	1.60	0.27	0.97
Wine 22-9	23.0	24.0	1.0	0.11	0.91	1.00	0.07	0.00	0.03	1.40	0.09	1.30
Wine 22-9	24.0	25.0	1.0	0.10	1.04	1.05	0.00	0.00	0.01	1.60	0.01	1.40
Wine 22-9	25.0	26.0	1.0	0.03	0.99	0.30	0.07	0.01	0.05	5.70	0.13	0.63
Wine 22-9	26.0	27.0	1.0	0.01	4.64	0.12	0.41	0.07	0.04	20.80	0.52	1.66
Wine 22-9	27.0	28.0	1.0	0.02	2.26	0.17	0.20	0.01	0.03	13.30	0.23	0.92
Wine 22-9	28.0	29.0	1.0	0.02	0.29	0.19	0.03	0.00	0.05	1.40	0.08	0.29
Wine 22-9	29.0	30.0	1.0	0.01	0.28	0.05	0.03	0.00	0.01	1.00	0.04	0.14
Wine 22-9	30.0	30.6	0.6	0.04	0.24	0.37	0.03	0.19	0.04	1.00	0.26	0.45
Wine 22-9	30.6	31.6	1.0	0.00	0.03	0.02	0.01	0.00	0.00	0.10	0.01	0.03
Wine 22-9	31.6	33.0	1.4	0.00	0.07	0.02	0.01	0.00	0.02	0.10	0.03	0.05
Wine 22-9	33.0	34.5	1.5	0.00	0.01	0.02	0.00	0.00	0.00	0.10	0.01	0.02
Wine 22-9	34.5	36.0	1.5	0.00	0.03	0.02	0.00	0.00	0.00	0.10	0.01	0.03
Wine 22-9	36.0	37.5	1.5	0.01	0.03	0.03	0.00	0.00	0.00	0.10	0.01	0.04
Wine 22-9	37.5	39.0	1.5	0.00	0.02	0.02	0.00	0.00	0.01	0.10	0.01	0.02
Wine 22-9	39.0	40.5	1.5	0.00	0.01	0.01	0.00	0.00	0.00	0.10	0.00	0.01
Wine 22-9	40.5	41.7	1.2	0.00	0.02	0.01	0.00	0.00	0.00	0.10	0.01	0.01
Wine 22-9	41.7	42.7	1.0	0.00	0.04	0.01	0.01	0.00	0.01	0.10	0.01	0.02
Wine 22-9	43.7	44.7	1.0	0.00	0.02	0.00	0.00	0.00	0.01	0.10	0.01	0.01
Wine 22-9	44.7	45.7	1.0	0.00	0.04	0.01	0.00	0.00	0.01	0.10	0.02	0.03
Wine 22-9	45.7	46.7	1.0	0.00	0.05	0.02	0.00	0.00	0.01	0.10	0.01	0.03
Wine 22-9	46.7	47.7	1.0	0.00	0.03	0.01	0.00	0.00	0.00	0.20	0.00	0.02
Wine 22-9	47.7	48.7	1.0	0.00	0.02	0.01	0.02	0.00	0.01	0.10	0.03	0.01
Wine 22-9	48.7	49.7	1.0	0.00	0.03	0.01	0.00	0.00	0.00	0.10	0.01	0.02
Wine 22-9	49.7	50.7	1.0	0.00	0.09	0.04	0.03	0.01	0.03	0.80	0.06	0.07
Wine 22-9	50.7	51.8	1.1	0.00	0.43	0.08	0.15	0.03	0.08	4.00	0.25	0.22
Wine 22-9	51.8	52.5	0.7	0.00	0.07	0.08	0.29	0.04	0.18	0.40	0.51	0.10
Wine 22-9	52.5	53.5	1.0	0.00	0.06	0.02	0.01	0.00	0.01	0.20	0.02	0.05
Wine 22-9	53.5	54.5	1.0	0.00	0.10	0.09	0.02	0.00	0.01	0.60	0.03	0.12
Wine 22-9	54.5	55.5	1.0	0.02	0.08	0.40	0.01	0.00	0.04	0.50	0.06	0.42
Wine 22-9	55.5	56.5	1.0	0.00	0.21	0.09	0.05	0.00	0.28	1.40	0.34	0.16
Wine 22-9	56.5	57.5	1.0	0.00	0.25	0.13	0.05	0.00	0.03	2.20	0.08	0.22

Hole Number	From (m)	To (m)	length (m)	Co%	Cu%	Ni%	Au gm/t	Pt gm/t	Pd gm/t	Ag gm/t	PGM g/t	Ni Eq %
Wine 22-9	76.0	76.4	0.4	0.00	0.00	0.00	0.00	0.00	0.00	0.10	0.00	0.00
Wine 22-9	76.4	76.8	0.4	0.00	1.66	0.07	3.19	0.00	0.06	8.40	3.25	0.62
Wine 22-9	76.8	77.3	0.5	0.00	0.01	0.00	0.01	0.00	0.00	0.10	0.01	0.01

**Table** 3 **: Composite Assays for Historical Drill Holes**
Drill Hole	From m	To m	Length m	Co %	Ni %	Cu %	NiEq %	Au g/t	Pt g/t	Pd g/t	PGM g/t
RAD07-01	55.7	76.0	20.4	0.05	1.38	2.14	2.09	0.4	0.13	0.27	0.80
EEL-346	54.0	70.4	16.5	-	0.85	1.50	1.35	0.16	-	-	-
incl EEL-346	60.3	70.4	10.1	-	1.13	1.81	1.73	0.15	0.10	0.29	0.54
EEL-302	51.5	64.4	12.8	-	0.52	0.97	0.84	0.21	0.12	0.16	0.49
incl EEL-302	51.5	57.9	6.3	-	0.93	0.88	1.32	0.27	0.12	0.13	0.52
EEL-315	68.8	68.9	0.2	-	1.20	3.08	2.20	-	-	-	-

Note: "-" indicates not assayed.

SOURCE Nican Ltd.

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NiCAN Commences Drilling at Wine Nickel Property, Manitoba, Canada

NiCan Limited ("NiCAN" or the "Company") (TSX-V: NICN) has commenced diamond drilling at its Wine Property located in the Snow Lake area, Manitoba, Canada (Figure 1). The drill rig has mobilized to site and is currently coring the first hole of the Phase Three ("Phase III") drilling program consisting of a minimum of 1,500 meters.

Highlights:

Phase III drill program has commenced at the high-grade Wine Nickel Property with the following objectives:
- To expand previously defined nickel-bearing zones to the east of the Wine Occurrence; and
- To drill test newly expanded target areas of more than 6 km along strike.
Recent geophysical and soil geochemical results assisted in prioritizing multi-anomaly target areas for subsequent drill testing.

Brad Humphrey , President, and CEO of NiCAN commented, "We are very pleased to be back on the ground, drill testing several targets that we have interpreted to be on strike with the two mineralized horizons defined on the property to date. NiCAN remains in a strong position with a solid balance sheet and two highly prospective nickel sulfide projects in established mining jurisdictions."

Phase III Wine Drill Program

At the Wine Project, NiCAN is drilling a minimum of 1,500 meters to test multiple conductive targets identified by recently completed surface time-domain electromagnetic ("TDEM"), borehole and surface surveys, combined with re-processed Versatile Time Domain Electromagnetic ("VTEM") airborne geophysical survey, which was completed in 2022 (see press release dated November 14, 2022 ). Results from a geochemical survey, also completed earlier this year, assisted in prioritizing the drill targets. A significant number of conductive sources have been defined over a strike length of 6 kilometers that merit drill testing. These have been geophysically modelled and drill holes have been designed to effectively intersect the suspected sulphide bodies defined by these models.

The initial diamond drill targets are following up on mineralization intersected during the previous drill program that defined varying quantities of disseminated to massive sulphide nickel-bearing mineralization in a zone 650 meters east of the Wine Occurrence. Most notable were holes Wine 23-08 and Wine 23-07 in which varying degrees of pyrrhotite and chalcopyrite mineralization were intersected in two relatively shallow zones. Assay results returned elevated copper and nickel values over core lengths of more than 10 meters (see press releases dated May 24, 2023 , and June 21, 2023 ). NiCAN is currently following up on these new zones to better understand their orientation and extent.

The Phase III Wine drill program has two primary objectives. Initially, NiCAN anticipates expanding previously defined nickel-bearing zones located to the east of the Wine Occurrence. Downhole and TDEM surveys have defined multiple conductors along a distinct stratigraphic horizon within the Wine Gabbro. Humic soil geochemical results have shown anomalous Ni-Cu values associated with these electromagnetic ("EM") responses supporting additional drill testing.

The second objective of NiCAN's Phase III drill program is to identify additional nickel bearing mineralized zones associated with newly defined geophysical targets interpreted to be along strike from the Wine Occurrence by distances of up to 4.8 km. These are new targets that have not been drill tested in the past.

NiCAN continues to follow up on the significant results returned from previous diamond drilling, including:

Diamond drill hole Wine 22-5 intersected 27.3 metres of 2.01% Ni, 1.81% Cu (2.28% NiEq)
Diamond drill hole Wine 22-6 intersected 9.8 metres of 1.23% Ni, 2.09% Cu (1.71% NiEq)
Diamond drill hole Wine 22-3 intersected 8.6 metres of 1.89% Ni, 1.01% Cu (1.92% NiEq)
Diamond drill hole Wine 23-16 intersected four zones of mineralization including 12.6 metres of 1.52% Ni, 2.01% Cu (1.93% NiEq)
Diamond drill hole Wine 23-17 intersected two zones of mineralization including 23.5 meters of 1.59% Ni, 1.76% Cu (1.91% NiEq)

Note: Nickel equivalent grades include nickel and copper values only and assume recoveries of 85% for nickel and 85% for copper based on comparable deposits. Nickel price: US$10.00 /lb; copper price US$3.75 /lb.

Analogies to Historical Lynn Lake Nickel Deposits

NiCAN believes that the nickel mineralization hosted by the Wine Gabbro may have analogies to the nickel-copper deposits in the Lynn Lake area where approximately 22.2 million tonnes averaging 1.0% nickel and 0.5% copper was historically mined. The Farley Mine consisted of multiple lenses of mineralization contained within a 4.2 km ² gabbro body. The Wine Gabbro contains numerous similarities and has seen very little exploration for nickel-copper deposits.

Qualified Person

Mr. Bill Nielsen , P.Geo, a consultant to NiCAN, who is a qualified person under National Instrument 43-101 – Standards of Disclosure of Mineral Projects ("NI 43-101") has reviewed and approved the scientific and technical information in this news release.

About NiCAN

NiCAN Limited is a mineral exploration company, trading under the symbol "NICN" on the TSX-V. The Company is actively exploring two nickel projects , both located in well-established mining jurisdictions in Manitoba, Canada .

www.nicanltd.com

To receive news releases by e-mail, please register using the NiCAN website at www.nicanltd.com

Cautionary Note Regarding Forward-Looking Statements

The information contained herein contains certain "forward-looking information" under applicable securities laws concerning the business, operations and financial performance and condition of NiCan Limited. Forward-looking information includes, but is not limited to, the size and timing of the drill program, results of the drill program, interpretations of the various surveys, NiCAN's ability to identify mineralization similar to that found in prior drill holes, the benefits and the potential of the properties of the Company; future commodity prices (including in relation to NiEq calculations); drilling and other exploration potential; costs; and permitting. Forward-looking information may be characterized by words such as "plan," "expect," "project," "intend," "believe," "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Many of these assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct. Factors that could cause actual results to vary materially from results anticipated by such forward-looking information includes changes in market conditions, fluctuating metal prices and currency exchange rates, the possibility of project cost overruns or unanticipated costs and expenses and permitting disputes and/or delays. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking information.

Neither TSX-V nor its Regulation Services Provider (as that term is defined in policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Nican Ltd.

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NiCAN Provides Details on Upcoming Drill Program at Wine Nickel Property, Manitoba, Canada

NiCan Limited ("NiCAN" or the "Company") (TSXV: NICN) is pleased to provide details on its upcoming Phase III drill program on the Wine Property, located in the Snow Lake area of Manitoba, Canada (Figure 3). Permits are in place, a drill contractor has been selected, and preparation work is underway. Initially, Phase III drilling will consist of a 1,500 to 2,000-meter diamond drilling program, which is scheduled to commence in October 2023 . The Phase III program will focus on expanding the recently identified nickel-bearing zones to the east of the Wine Occurrence and test newly defined geophysical targets along strike of the Wine Occurrence over distances of up to 4.8 km.

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NiCAN Identifies New Mineralized Zones at its Wine Nickel Property, Manitoba, Canada

NiCan Limited ("NiCAN" or the "Company") (TSXV: NICN) has intersected multiple new zones of nickel–bearing mineralization to the east of the known high-grade nickel-copper ("Ni–Cu") Wine Occurrence during its Phase II drill program on the Wine Nickel Property in Manitoba, Canada (Figure 5). These new zones of mineralization significantly expand the exploration target area.

Highlights:

New nickel bearing mineralized zones identified within the Wine Gabbro.
Initial interpretation suggests that these new mineralized zones may occupy a specific horizon within the central region of the Wine Gabbro. Geophysical anomalies (VTEM conductors) can be traced for several kilometers to the northeast and southwest along this trend.
Geophysical and geochemical surveys as well as diamond drilling are planned for the third quarter of 2023.

Brad Humphrey , President, and CEO of NiCAN, stated, "We are very happy with the results of the Wine Phase II drill program and the intersection of the new mineralized nickel bearing zones. Importantly, these new occurrences of disseminated and massive sulphides suggest the Wine Gabbro hosts multiple mineralized pods like those seen in the Lynn Lake area. Interpretive work indicates that there are several horizons within the Wine Gabbro that require testing with geophysics, geochemistry, and subsequent diamond drilling. NiCAN remains in a strong position with a solid balance sheet and highly prospective nickel sulphide projects in established mining jurisdictions."

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NiCAN Receives $300,000 Grant from Manitoba Mineral Development Fund

NiCan Limited ("NiCAN" or the "Company") (TSXV: NICN) has received approval for a $300,000 grant from the Manitoba Mineral Development Fund (the "MMDF") to support NiCAN's exploration activities at its Wine Project located in the Snow Lake Flin Flon area, Manitoba, Canada . The Company has received the first $150,000 of the grant, with the remainder expected in June 2023.

"NiCAN greatly appreciates the support from the Manitoba Mineral Development Fund and the Manitoba Chambers of Commerce," Brad Humphrey , President and CEO of NiCAN commented. "This funding is earmarked for continued exploration at the Wine Project, which has returned truly impressive drill results to date. We look forward to announcing additional exploration results from the Wine Gabbro area in the coming weeks. The Company also plans to complete geophysical and geochemical surveys that will drive the exploration program for our next phase of drilling in this area."

The MMDF is a $20-million provincial fund, launched in July 2020 by the Manitoba Government and administered by the Manitoba Chambers of Commerce. This fund is specifically dedicated to providing funding for and supporting economic development and mining projects in northern Manitoba .

About NiCAN

NiCAN Limited is a mineral exploration company, trading under the symbol "NICN" on the TSX-V. The Company is actively exploring two nickel projects , both located in the well-established mining jurisdiction of Manitoba, Canada .

To receive news releases by e-mail, please register using the NiCAN website at www.nicanltd.com.

Cautionary Note Regarding Forward-Looking Statements

The information contained herein contains certain "forward-looking information" under applicable securities laws concerning the proposed financing, business, operations and financial performance and condition of NiCan Limited. Forward-looking information includes, but is not limited to, the quantum of the grant; the timing for receipt of the balance of the grant; intended use of proceeds; drilling and other exploration potential; costs; and permitting. Forward-looking information may be characterized by words such as "plan," "expect," "project," "intend," "believe," "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Many of these assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct. Factors that could cause actual results to vary materially from results anticipated by such forward-looking information includes changes in market conditions, fluctuating metal prices and currency exchange rates, the possibility of project cost overruns or unanticipated costs and expenses and permitting disputes and/or delays. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking information.

Neither TSX-V nor its Regulation Services Provider (as that term is defined in policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Nican Ltd.

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NiCAN Expands the Wine Occurrence at the Wine Project, Manitoba, Canada Multiple Zones Intersected Including 1.91% NiEq over 23.5 Meters

NiCan Limited ("NiCAN" or the "Company") (TSXV: NICN) is pleased to announce that its 2023 winter drilling program on the Wine Property located in the Snow Lake area, Manitoba, Canada (Figure 2) has expanded several mineralized zones at the Wine Occurrence.

Highlights:

Diamond drill hole Wine 23-16 intersected four zones of mineralization including 12.6 meters at 1.52% Ni and 2.01% Cu (1.93% NiEq), from 48.3 to 60.9 meters (Table 1).
Diamond drill hole Wine 23-17 intersected three zones of mineralization including 23.5 meters at 1.59% Ni and 1.76% Cu, (1.91% NiEq), from 18.6 to 42.1 meters (Table 1, Figure 1).

Note: Nickel equivalent grades include nickel and copper values only and assume recoveries of 85% for nickel and 85% for copper based on comparable deposits. Nickel price: US$10.00 /lb; copper price US$3.75 /lb.

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Osisko Metals Announces Closing of C$107.4 Million "Bought Deal" Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Osisko Metals Incorporated (the " Company " or " Osisko Metals ") (TSX-V: OM; OTCQX: OMZNF; FRANKFURT: OB51) is pleased to announce that it has closed its previously-announced "bought deal" brokered private placement offering (the " Offering ") for aggregate gross proceeds of C$107.4 million, including the partial exercise the option granted to the Underwriters (as defined herein). In connection with the Offering, the Company issued an aggregate of (i) 70,326,229 flow-through units of the Company (" FT Units ") consisting of 64,215,117 FT Units at an issue price of C$0.50 per FT Unit and 6,111,112 FT Units at an issue price of C$0.54 per FT Unit, for aggregate gross proceeds of C$35,407,558.98 and (ii) 277,051,466 units of the Company (" HD Units ") at a price of C$0.26 per HD Unit, for aggregate gross proceeds of C$72,033,381.16.

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Falco Announces Election of Directors and Closing of Its Senior Debt Transactions

Falco Resources Ltd. (TSX.V: FPC) (" Falco " or the " Corporation ") announces that the five (5) nominees listed in the management information circular dated November 4, 2024, were elected as directors of Falco.

Detailed results of the vote for the election of directors held at the annual and special meeting of shareholders on December 10, 2024, are set out below:

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Hole ID	From (m)	To (m)	Length (m)*	Ni %	Co %	Pd g/t	Pt g/t	Cr %	Fe %	S %
Mann West
MAN24-42	9.0	345.2	336.2	0.24	0.012	0.004	0.007	0.20	6.40	0.068
and	371.7	402.0	30.3	0.19	0.010	0.003	0.005	0.38	6.82	0.053
MAN24-61	17.8	374.3	356.5	0.28	0.012	0.033	0.017	0.26	5.98	0.133
including	75.0	112.5	37.5	0.52	0.013	0.107	0.058	0.14	5.80	0.203
MAN24-70	18.0	501.0	483.0	0.24	0.011	0.007	0.008	0.27	6.12	0.067
including	144.0	172.5	28.5	0.29	0.011	0.007	0.007	0.14	5.52	0.076
MAN24-73	74.2	500.4	426.2	0.25	0.012	0.009	0.009	0.25	6.30	0.061
MAN24-74	7.9	278.5	270.6	0.19	0.014	0.027	0.016	0.40	7.40	0.057
including	25.5	31.5	6.0	0.31	0.013	0.028	0.013	0.82	6.67	0.125
and	318.0	402.0	84.0	0.24	0.013	0.003	0.005	0.16	7.45	0.026
MAN24-76	12.6	495.0	482.4	0.26	0.011	0.011	0.010	0.16	5.95	0.042
including	81.0	117.0	36.0	0.29	0.012	0.036	0.014	0.16	6.11	0.089
and	162.0	196.5	34.5	0.31	0.011	0.010	0.012	0.13	5.24	0.024
MAN24-78	19.4	402.0	382.6	0.24	0.013	0.012	0.010	0.38	6.54	0.053
including	261.0	294.0	33.0	0.30	0.013	0.031	0.021	0.52	6.67	0.100
including	274.5	282.0	7.5	0.41	0.015	0.057	0.027	0.72	6.95	0.178
MAN24-82	22.0	481.5	459.5	0.21	0.012	0.017	0.016	0.37	6.76	0.047
including	61.5	360.0	298.5	0.25	0.012	0.019	0.013	0.35	6.17	0.050
including	255.0	277.5	22.5	0.30	0.013	0.025	0.014	0.58	5.91	0.069
MAN24-83	6.0	403.0	397.0	0.21	0.013	0.016	0.011	0.58	7.43	0.087
including	144.0	195.9	51.9	0.27	0.014	0.030	0.024	0.68	7.87	0.064
and	305.5	336.0	30.5	0.27	0.013	0.019	0.009	0.60	6.30	0.080
MAN24-85	69.0	493.0	424.0	0.25	0.012	0.012	0.008	0.26	6.25	0.042
MAN24-86	14.2	462.0	447.8	0.23	0.012	0.006	0.006	0.41	6.33	0.027
MAN24-89	99.0	191.2	92.2	0.22	0.012	0.013	0.009	0.47	6.71	0.042
and	210.6	428.9	218.3	0.24	0.012	0.009	0.008	0.35	6.31	0.053
including	386.0	395.0	9.0	0.35	0.013	0.054	0.020	0.75	6.45	0.120
MAN24-92	27.4	426.9	399.5	0.25	0.012	0.016	0.008	0.39	6.27	0.046
including	267.0	286.5	19.5	0.34	0.015	0.083	0.034	0.66	6.57	0.114
and	324.0	349.5	25.5	0.30	0.012	0.037	0.015	0.57	6.29	0.125
and	433.6	501.0	67.4	0.20	0.013	0.013	0.021	0.50	7.35	0.047
MAN24-93	18.0	391.0	373.0	0.24	0.012	0.009	0.007	0.34	6.43	0.039
and	406.8	470.0	63.2	0.16	0.011	0.005	0.004	0.36	7.34	0.031
MAN24-94	102.0	501.0	399.0	0.24	0.012	0.012	0.009	0.39	6.50	0.039
including	400.5	415.5	15.0	0.30	0.011	0.044	0.021	0.57	6.57	0.083
MAN24-97	18.0	360.0	342.0	0.21	0.013	0.015	0.009	0.37	6.63	0.053
and	406.5	501.0	94.5	0.23	0.012	0.003	0.003	0.39	7.10	0.021

Hole ID	From (m)	To (m)	Length (m)*	Ni %	Co %	Pd g/t	Pt g/t	Cr %	Fe %	S %
Mann South
MAN24-66	39.0	139.5	100.5	0.23	0.013	0.003	0.003	0.29	8.03	0.070
and	187.5	402.0	214.5	0.18	0.013	0.003	0.004	0.43	6.61	0.019
MAN24-72	54.5	501.0	446.5	0.20	0.013	0.005	0.006	0.43	6.80	0.019
MAN24-75	16.9	420.0	403.1	0.24	0.010	0.018	0.006	0.30	7.92	0.051
MAN24-77	39.0	46.0	7.0	0.44	0.017	0.051	0.126	0.57	9.28	0.036
and	60.0	448.5	388.5	0.14	0.014	0.019	0.013	0.41	6.96	0.016
MAN24-81	44.3	552.0	507.7	0.24	0.011	0.003	0.003	0.38	7.55	0.056
MAN24-84	28.4	501.0	472.6	0.24	0.011	0.003	0.003	0.42	7.70	0.057
MAN24-90	49.3	501.0	451.7	0.23	0.012	0.004	0.005	0.37	6.33	0.015
MAN24-91	49.0	323.3	274.3	0.17	0.013	0.004	0.004	0.44	6.93	0.043
and	338.7	483.0	144.3	0.22	0.012	0.003	0.003	0.37	6.13	0.021
MAN24-99	51.3	402.0	350.7	0.17	0.013	0.004	0.012	0.46	6.60	0.011
MAN24-100C	21.0	112.4	91.4	0.16	0.014	0.036	0.096	0.37	7.46	0.010
and	131.0	172.0	41.0	0.22	0.012	0.010	0.010	0.61	5.69	0.031
and	340.5	378.4	37.9	0.19	0.013	0.005	0.003	0.56	6.52	0.027
MAN24-103	34.0	402.0	368	0.24	0.012	0.027	0.003	0.36	7.67	0.016

Hole ID	From (m)	To (m)	Length (m)*	Ni %	Co %	Pd g/t	Pt g/t	Cr %	Fe %	S %
Mann Central
MAN24-41	111.9	153.0	41.1	0.18	0.012	0.004	0.005	0.52	7.42	0.096
MAN24-48	75.0	402.0	327.0	0.21	0.011	0.005	0.006	0.29	6.58	0.084
including	148.5	157.5	9.0	0.35	0.015	0.019	0.008	0.14	8.73	0.199
MAN24-64	14.3	48.5	34.2	0.22	0.012	0.005	0.008	0.18	6.66	0.584
and	55.8	334.9	279.1	0.19	0.012	0.014	0.017	0.40	7.00	0.053
MAN24-68	366.0	406.0	40.0	0.24	0.012	0.003	0.006	0.15	8.77	0.028

Hole ID	From (m)	To (m)	Length (m)	Pt+Pd (g/t)	Pd g/t)	Pt (g/t)	Ni (%)	Co (%)	Cr (%)	Fe (%)	S (%)
Mann West
MAN24-74	278.5	309.0	30.5	0.48	0.28	0.20	0.037	0.007	0.394	5.763	0.011
MAN24-82	481.5	501.0	19.5	0.52	0.28	0.24	0.024	0.007	0.324	5.919	0.014
MAN24-97	378.5	400.5	22	0.40	0.23	0.17	0.040	0.008	0.360	5.179	0.018
Mann South
MAN24-66	160.0	180.7	20.7	0.49	0.33	0.16	0.026	0.005	0.362	3.957	0.017
MAN24-72	44.0	54.5	10.5	0.37	0.12	0.24	0.037	0.009	0.313	5.849	0.011
MAN24-77	37.0	60.0	23	0.55	0.16	0.39	0.216	0.012	0.409	6.386	0.016
and	444.0	457.5	13.5	0.34	0.10	0.24	0.098	0.013	0.596	6.776	0.015
and	492.0	529.5	37.5	0.35	0.14	0.21	0.055	0.008	0.499	5.450	0.008
MAN24-100C	75.0	91.5	16.5	0.53	0.11	0.42	0.131	0.013	0.314	6.600	0.011
and	112.4	131.0	18.6	0.82	0.31	0.51	0.064	0.009	0.474	5.288	0.006
and	172.0	196.5	24.5	0.77	0.32	0.46	0.048	0.009	0.518	5.375	0.007
Mann Central
MAN24-64	334.9	351.5	16.6	0.52	0.33	0.19	0.043	0.008	0.371	5.291	0.019

Hole ID	Easting ( mE)	Northing ( mN)	Azimuth (⁰)	Dip ( ⁰)	Length (m)
MANN WEST
MAN24-42	496024	5411983	35	-50	402
MAN24-61	496859	5412156	215	-50	402
MAN24-70	496492	5412296	215	-50	501
MAN24-73	496604	5412445	215	-50	500
MAN24-74	495656	5412189	215	-85	402
MAN24-76	496560	5412057	215	-50	495
MAN24-78	495969	5412226	215	-85	402
MAN24-82	495980	5412379	215	-50	501
MAN24-83	496980	5412318	215	-50	450
MAN24-85	496493	5412451	215	-50	493
MAN24-86	496442	5411894	215	-50	489
MAN24-89	496297	5412494	215	-50	495
MAN24-92	496177	5412332	215	-50	501
MAN24-93	496373	5412289	215	-50	471
MAN24-94	496098	5412537	215	-50	501
MAN24-97	495765	5412456	220	-50	501
MANN SOUTH
MAN24-66	503460	5408195	35	-50	402
MAN24-72	503650	5408420	35	-50	501
MAN24-75	502081	5405730	55	-50	420
MAN24-77	502345	5405431	50	-50	540
MAN24-81	503460	5408195	220	-50	552
MAN24-84	502406	5408781	35	-50	501
MAN24-90	503140	5409045	35	-50	501
MAN24-91	503358	5408852	35	-50	483
MAN24-99	502349	5405667	55	-50	402
MAN24-100C	502169	5405546	55	-50	378
MAN24-103	501960	5405890	55	-50	402
MANN CENTRAL
MAN24-41	498466	5410751	145	-55	153
MAN24-48	498066	5410676	180	-50	402
MAN24-64	498058	5410435	180	-50	406
MAN24-68	497871	5410435	180	-50	402

Hole #	From	To	m	Co%	Cu%	Ni%	PGM g/t	NiEq%
Wine 23-16	4.2	11.9	7.7	0.428	1.69	1.12	0.367	1.49
Wine 23-16	23.7	28.0	4.3	0.042	1.96	0.98	0.659	1.46
Wine 23-16	33.8	41.3	7.5	0.048	1.02	1.13	0.444	1.29
Wine 23-16	48.3	60.9	12.6	0.063	2.01	1.52	0.649	1.93
Wine 23-17	4.6	10.4	5.8	0.032	0.99	0.81	0.188	1.00
Wine 23-17	18.6	42.1	23.5	0.067	1.76	1.59	0.514	1.91
Wine 23-17	47.7	48.6	0.9	0.038	0.38	0.80	0.311	0.89

*ITEM N* ^o 1 Nominee	Votes Cast FOR	Percentage (%) of Votes Cast FOR	Votes AGAINST	Percentage (%) of Votes AGAINST
Mario Caron	117,113,938	99.637	426,433	0.363
Alexander Dann	109,446,599	93.114	8,093,772	6.886
Paola Farnesi	117,103,520	99.628	436,851	0.372
Luc Lessard	117,473,626	99.943	66,745	0.057
Chantal Sorel	113,119,685	96.239	4,420,686	3.761

*ITEM N* ^o 2	*Votes cast* *FOR*	Percentage (%) of Votes Cast FOR	Votes WITHHELD	Percentage (%) of Votes WITHHELD
Appointment and Remuneration of Auditor	122,925,232	99.311	852,564	0.689

*ITEM N* ^o 3	Votes Cast FOR	Percentage (%) of Votes Cast FOR	Votes AGAINST	Percentage (%) of Votes AGAINST
Ordinary resolution to approve the LTIP	101,288,332	86.173	16,252,039	13.827

*ITEM N* ^o 4	Votes Cast FOR	Percentage (%) of Votes Cast FOR	Votes AGAINST	Percentage (%) of Votes AGAINST
Ordinary resolution of disinterested shareholders to approve the amendment of the Osisko Loan and the issuance of the Osisko Warrants	70,256,713	99.844	109,858	0.156

NiCAN Reports Additional Strong Drill Results from the Wine Project in Manitoba, including 8.6 Metres of 2.22% NiEq

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