Nickel Rock Appoints New President & CEO
NEWS RELEASE
Nickel Rock Appoints New President & CEO
Coquitlam, BC – March 28, 2022- Nickel Rock Resources Inc. (the “Company” or “Nickel
Rock”) (TSXV: NICL, OTCQB: NICKLF, FRA: NMK2) announces the appointment of Mr. Tim Fernback
as the new President, Chief Executive Officer and Director of the Company to replace Mr. Robert
Setter as President & CEO, who remains an active Director of the Company.
Mr. Fernback stated that he is excited about his new role with the Company and is looking forward
to advancing the Company with its current projects to increase shareholder value.
Mr. Fernback has held multiple senior executive positions, including oversight of the Investment
Banking and Corporate Finance Divisions at Wolverton Securities, formerly Western Canada’s oldest
brokerage firm. Over his successful multi-decade career in both venture capital and finance, Mr.
Fernback has served in a variety of roles including CEO, COO and CFO of different junior resource
companies listed on the TSXV, TSX, ASX and OTCQB public markets.
Mr. Fernback holds an Honours B.Sc. from McMaster University and is a graduate of the Sauder
School of Business at the University of British Columbia, where he completed an MBA with a
concentration in Finance. Tim Fernback holds a Chartered Professional Accounting designation
(CPA, CMA) and is an active member of the CPA of British Columbia and other industry associations
within Canada.
The board thanks Mr. Setter for his contributions to the Company as President & CEO and looks
forward to his continued involvement on the Nickel Rock Board of Directors.
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 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
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 Hard Nickel 4 and Nickel 100 exploration project, to Surge Battery Metals Inc. (TSXV:NILI).
Nickel Rock Resources Inc.
3028 Quadra Court
Coquitlam, BC, V3B 5X6
604- 428-5690
www.nickelrockresources.com
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About Clayton Valley Lithium Project
The Company owns a 100% 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.
On Behalf of the Board of Directors
“Robert Setter”
604-428-5690
Robert Setter, 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.