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Power Nickel appoints Joe Campbell as VP Exploration

1. Power Nickel Inc. appointed Joe Campbell as VP of Exploration. 2. Campbell brings over 40 years of exploration experience. 3. Previous VP Ken Williamson returns to geology consulting. 4. Power Nickel aims to ramp up exploration in 2025. 5. Company focuses on Nisk project and potential future developments.

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Why Bullish?

The appointment of a seasoned VP can enhance exploration efforts, attracting investors. Historical appointments of experienced leaders often correlate with increased stock performance.

How important is it?

Leadership changes in exploration companies usually affect future project success and stock valuations. This appointment is significant given Campbell's extensive experience and previous successes.

Why Long Term?

The effects of improved exploration efforts may yield results over multiple quarters or years. The exploration success timeline aligns with long-term value creation.

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CREAEMIVV
TORONTO, Jan. 17, 2025 /PRNewswire/ - Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce the appointment of Industry veteran Joe Campbell, BSc, P. Geo as Vice President of Exploration. Ken Williamson has decided to return to geology consulting after successfully designing the maiden Lion zone drill program and shepherding the discovery forward in 2024. Power Nickel thanks Ken for his service and wishes him the very best in the future. Mr Campbell has over 40 years of experience in major projects ranging from Chief Geologist (both open pit and underground) to Project Manager roles (Meliadine Gold, now operated by AEM). He is past President, Executive Chairman, and COO of Gold Terra (previously TerraX). He has had multiple senior roles in project management, resource/reserve estimation and economic assessment at the pre-feasibility, feasibility, and mine development and operations levels. He has extensive advanced exploration experience in mesothermal and epithermal Au, VMS, porphyry Cu-Au-Mo, and Ni sulphide and laterite deposits. Joe also has a wealth of experience in environmental review for stakeholders in mining projects. "We are very pleased to have been able to add Joe to the Power Nickel team. We are ramping up exploration even more in 2025 and we know Joe can help us scale our exploration efforts in an efficient and effective way. Joe worked with and ultimately was a leader of Western Mining's Canadian division for project acquisition, management, and development. While not working directly with Power Nickel Director and senior technical advisor Steve Beresford, their Western Mining careers did overlap and the Western Mining approach to exploration and data management has been followed at Power Nickel. This was one of the attractions for Doctor Beresford when he moved from technical advisor to Board Member" commented Terry Lynch Power Nickel CEO "When I joined Power Nickel I felt I could help immediately as I knew with the Western Mining approach that I had been trained under we knew what they had and what they needed. Adding Joe to the team will accelerate our exploration reach and success", commented Power Nickel Director and Polymetallic Guru Doctor Steve Beresford. About Power Nickel Inc. Power Nickel is a Canadian exploration company focusing on developing the High-Grade Nickel Copper PGM, Gold and Silver Nisk project into Canada's next poly metallic mine. On February 1, 2021, Power Nickel (then called Chilean Metals) completed the acquisition of its option to acquire up to 80% of the Nisk project from Critical Elements Lithium Corp. (CRE: TSXV). The NISK property comprises a large land position (20 kilometres of strike length) with numerous high-grade intercepts. Power Nickel is focused on expanding the high-grade nickel-copper PGM, Gold and Silver mineralization with a series of drill programs designed to evaluate the initial Nisk discovery zone, the Lion discovery zone and to explore the land package for adjacent potential poly metallic deposits. In addition to the Nisk project, Power Nickel owns significant land packages in British Colombia and Chile. Power Nickel is expected to reorganize these assets in a related public vehicle through a plan of arrangement. For further information on Power Nickel Inc., please contact: Duncan Roy, VP Investor Relations, 416-580-3862, [email protected]. For further information, readers are encouraged to contact: Power Nickel Inc., The Canadian Venture Building, 82 Richmond St East, Suite 202, Toronto, ON. Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.   Cautionary Note Regarding Forward-Looking Statements This message contains certain statements that may be deemed "forward-looking statements" concerning the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential," "indicates," "opportunity," "possible" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, among others; the timing for various drilling plans; the ability to raise sufficient capital to fund its obligations under its property agreements going forward and conduct drilling and exploration; to maintain its mineral tenures and concessions in good standing; to explore and develop its projects; changes in economic conditions or financial markets; the inherent hazards associates with mineral exploration and mining operations; future prices of nickel and other metals; changes in general economic conditions; accuracy of mineral resource and reserve estimates; the potential for new discoveries; the ability of the Company to obtain the necessary permits and consents required to explore, drill and develop the projects and if accepted, to obtain such licenses and approvals in a timely fashion relative to the Company's plans and business objectives for the applicable project; the general ability of the Company to monetize its mineral resources; and changes in environmental and other laws or regulations that could have an impact on the Company's operations, compliance with environmental laws and regulations, dependence on key management personnel and general competition in the mining industry. SOURCE Power Nickel Inc.

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