First Atlantic to Acquire 100% of the North Arm Project, 52 sq km of Mantle-Derived Ultramafic Rocks in Western Newfoundland Never Systematically Tested for Geologic Hydrogen, Chromium or Awaruite Nickel-Cobalt Alloy

Grand Falls-Windsor, Newfoundland and Labrador--(Newsfile Corp. - October 30, 2026) - First Atlantic Nickel & Cobalt Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P210) ("First Atlantic" or the "Company") is pleased to announce that it has entered into an asset purchase agreement dated October 30, 2026 (the "Agreement") with two arm's length parties (together, the "Vendors") to acquire a 100% interest in three mineral licences comprising 209 mineral claims spanning approximately 52.25 square kilometers

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