Fort St James Nickel Corp. Announces Closing of Private Placement

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES

FOR IMMEDIATE RELEASE TSX-V: FTJ.H

FORT ST JAMES NICKEL CORP. ANNOUNCES CLOSING OF PRIVATE PLACEMENT

Vancouver, British Columbia – September 14, 2016 – Fort St. James Nickel Corp. (the “Company”) is pleased to announce that it has closed the private placement announced on May 13, 2016 and July 28, 2016 for gross proceeds of $250,000. The units of the financing comprise of one common share at a price of $0.05 and one full share purchase warrant, which may be exercised for a period of one year at a price of five cents per share. The further Company announces January 9, 2017, as the hold period expiry date for this private placement.

The proceeds of the private placement will be used for the payment of near-term liabilities, audit costs and general working capital.

ON BEHALF OF THE BOARD

(signed) “Barry Brown”

Barry Brown President

#604-488-3900

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities issued, or to be issued, under the Offering have not been, and will not be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

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

Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Except as required pursuant to applicable securities laws, the Company will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by the Company.