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Power Nickel appoints Joe Campbell as VP Exploration TORONTO ,

Management Changes

Power Nickel appoints Joe Campbell as VP

Exploration

TORONTO

,

Jan. 17, 2025

/CNW/ - 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.

View original content to download multimedia:

https://www.prnewswire.com/news-releases/power-nickel-appoints-joe-campbell-as-vp-exploration-302354136.html

SOURCE

Power Nickel Inc.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/January2025/17/c7950.html

%SEDAR: 00007586E

For further information:

Terry Lynch, #202, 82 Richmond Street E, Toronto, ON M5C 1P1, Cell

(647) 448 8044,

[email protected]

CO: Power Nickel Inc.

CNW 07:00e 17-JAN-25