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Nickel Rock Announces Effective Date of Name Change to Grid Battery Metals Inc.

Corporate Actions

NEWS RELEASE

Nickel Rock Announces Effective Date of Name Change to

Grid Battery Metals Inc.

Coquitlam, BC – April 3, 2023- Nickel Rock Resources Inc. (the “Company” or “Nickel Rock”) (TSXV:

NICL, OTCQB: NICKLF, FRA: NMK2) is pleased to announce that as permitted by the Company’s

Articles, the Board of Directors have approved by directors’ consent resolutions the name change to

“Grid Battery Metals Inc.” which has also been accepted by the TSX Venture Exchange.

The shares will commence trading under the new name and trading symbol “ CELL”, effective

Wednesday, April 5, 2023 at the market open. The Company’s CUSIP number will be 398084103.

The Company will also be launching a new website and social media sites in connection with the

name change. The Company will issue a further news release announcing the effective date of the

website and social media sites.

About Nickel Rock Resources Inc.

Nickel Rock Resources Inc. is a Canadian based exploration company whose primary listing is on the

TSX Venture Exchange. The Company’s maintains a focus on exploration for high value battery

metals required for the electric vehicle (EV) market. www.nickelrockresources.com

About Clayton Valley Lithium Project

The Company owns a 100% interest in 113 lithium lode and placer claims covering over 640 hectares

in Clayton Valley. Clayton Valley is a down-dropped closed basin formed by the Miocene age Great

Basin extension and is still active due to movement along the Walker Lane structural zone. As a

result, the basin has preserved multiple layers of lithium bearing volcanic ash, resulting from

multiple eruptive events over the past 6 million years including eruptions from the 700,000-year-old

Long Valley Caldera system and related events. These ash layers are thought to contribute to the

lithium brines extracted by Albemarle and are also likely involved in the formation of the exposed

lithium rich clay deposits on the east side of Clayton Valley.

Volt Canyon Lithium Property

The Company owns a 100% interest in 80 placer claims covering approximately 635 hectares of

alluvial sediments and clays located 122 km northeast of Tonopah, Nevada.

About the British Columbia, Nickel Projects

The Mount Sidney Williams Group consists of three claim blocks with a total area of 10,569 hectares

in the area surrounding Mount Sidney Williams, both adjoining and near the Decar project of FPX

Nickel Corp., located 100 kilometres northwest of Fort St. James, B.C., in the Omineca mining division.

Metallic mineralization includes nickel, cobalt, and chromium. At least some of the nickel

mineralization occurs as awaruite. The Mitchell Range Group area claim consist of one claim block

Nickel Rock Resources Inc.

3028 Quadra Court

Coquitlam, BC, V3B 5X6

604- 428-5690

www.nickelrockresources.com

[email protected]

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covering 8,659 hectares with demonstrated metallic mineralization including nickel, cobalt, and

chromium. Nickel cobalt mineralization has not been well explored, but the presence of awaruite has

been documented. The Company has optioned out an 80% interest on certain mineral claims within

the HN4 and Ni100 exploration project, to Surge Battery Metals Inc. (TSXV:NILI).

On Behalf of the Board of Directors

“Tim Fernback”

604-428-5690

Tim Fernback, President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of

the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release

may contain forward-looking statements which include, but are not limited to, comments that involve future

events and conditions, which are subject to various risks and uncertainties. Except for statements of historical

facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and

security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking

statements are not guarantees of future performance and actual results may vary materially from those

statements. General business conditions are factors that could cause actual results to vary materially from

forward-looking statements.