Canada Nickel Announces the Referral of the Company’s Crawford Project to the Major Projects Office by the Government of Canada
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Canada Nickel Announces the Referral of the Company’s Crawford Project
to the Major Projects Office by the Government of Canada
Timmins, Ontario – November 14, 2025 – Canada Nickel Company Inc. (“Canada Nickel” or the
“Company”) (TSXV: CNC; OTCQX: CNIKF) is pleased to announce that its flagship Crawford Nickel
Project (“Crawford” or the “Crawford Project”) has been officially referred to the Major Projects
Office by the Government of Canada. The Company was pleased to host this important
announcement by the Honourable Tim Hodgson, Minister of Energy and Natural Resources on
November 13th, 2025 at its Timmins regional headquarters.
“Canada’s future depends on delivery today. By investing in critical minerals and nation-building
infrastructure, we are laying the foundation for an economy that is stronger, more resilient, and
built to lead in a low -carbon world,” said Minister Hodgson. “Projects like Crawford show how
Canada can power the clean economy at home and for our allies, create thousands of high-paying
careers, and do it in a way that respects the environment and Indigenous rights.”
“We are encouraged and deeply appreciative of th is recognition of the strategic importance of
the Crawford Project,” said Mark Selby, CEO of Canada Nickel. “We appreciate the Government
of Canada’s leadership in advancing projects of national significance with the coordination and
urgency they deserve.”
Mr. Selby continued, “We look forward to working with the government and the Major Projects
Office to unlock the financing and permitting necessary to break ground and begin construction
on the project by the end of next year. With aligned federal and provincial support, our
experienced management team can continue to advance development of Crawford and unlock
the Timmins Nickel District as an important secure, domestic supply of critical minerals – nickel,
cobalt, and North America’s only domestic source o f chromium – while advancing strong
Indigenous partnerships and delivering on Canada’s clean energy and climate ambitions.”
Located just north of Timmins, the Crawford Project benefits from direct access to power, road,
and rail infrastructure, and is co-developed with the Company's long-standing First Nations
partners in the region. In addition to advancing one of the world’s largest nickel reserves1, Canada
Nickel has developed innovative carbon capture technology through its proprietary IPT
Carbonation process. Once operational, the Crawford Project is expected to also become one of
1 See "Crawford Nickel Sulphide Project NI 43-101 Technical Report and Feasibility Study", independently prepared
by Ausenco Engineering Canada Inc. and available on SEDAR+ (www.sedarplus.ca) under the Company's issuer
profile.
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Canada’s largest carbon storage facilities – contributing meaningfully to both environmental and
economic goals while helping to drive long-term prosperity in Northern Ontario and across the
country.
An independent economic assessment estimates $70 billion in GDP for Canada over the life of
the mine, supporting roughly 185,000 person-years of employment, including about 1,000 full
time jobs and 3,000 indirect and induced roles. Please refer to news release dated October 15,
2025 on the Economic Impact Study. The Economic Impact Study was based on information from
the Company’s feasibility study published in November 2023.
About Canada Nickel Company
Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to
deliver nickel required to feed the high-growth electric vehicle and stainless-steel markets.
Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel Sulphide Project
in the emerging Timmins Nickel District. Canada Nickel Company has applied in multiple
jurisdictions to trademark the terms NetZero NickelTM, NetZero CobaltTM, NetZero IronTM and is
pursuing the development of processes to allow the production of net zero carbon nickel, cobalt,
and iron products. Canada Nickel provides investors with leverage to nickel in low political risk
jurisdictions.
Qualified Person
Stephen J. Balch P.Geo. (ON), VP Exploration of Canada Nickel and a "qualified person" for the
purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has
reviewed and approved the scientific and technical information in this news release.
For further information, please contact:
Mark Selby, CEO
Phone: 647-256-1954
Email: [email protected]
Media, please contact:
Melanie Paradis
President, Texture Communications
Phone: 416-399-7400
Email: [email protected]
Sydney Oakes
Director of Indigenous Relations and Public Affairs
Phone: 905-929-7151
Email: [email protected]
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Cautionary Statement Concerning Forward-Looking Statements
This press release contains certain information that may constitute "forward-looking
information" under applicable Canadian securities legislation. Forward looking information
includes, but is not limited to, the potential of the Project, working with the government and the
Major Projects Office to unlock the financing and permitting necessary begin construction on the Project
by the end of 2026 , unlocking the Timmins Nickel District as a domestic supply of critical minerals , the
Crawford Project becoming one of Canada’s largest carbon storage facilities, the results of
economic studies, the ability to sell marketable materials, strategic plans, including future
exploration and development plans and results, and corporate and technical objectives. Forward-
looking information is necessarily based upon several assumptions that, while considered
reasonable, are subject to known and unknown risks, uncertainties, and other factors which may
cause the actual results and future events to differ materially from those expressed or implied
by such forward-looking information. Factors that could affect the outcome include, among
others: future prices and the supply of metals, the future demand for metals, the results of
drilling, inability to raise the money necessary to incur the expenditures required to retain and
advance the property, environmental liabilities (known and unknown), general business,
economic, competitive, political and social uncertainties, results of exploration programs, risks
of the mining industry, delays in obtaining governmental approvals, failure to obtain regulatory
or shareholder approvals. There can be no assurance that such information will prove to be
accurate, as actual results and future events could differ materially from those anticipated in such
information. Accordingly, readers should not place undue reliance on forward-looking
information. All forward-looking information contained in this press release is given as of the
date hereof and is based upon the opinions and estimates of management and information
available to management as at the date hereof. Canada Nickel disclaims any intention or
obligation to update or revise any forward-looking information, whether because of new
information, future events or otherwise, except as required by law. 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.