Flying Nickel Announces Grant of Stock Options

Flying Nickel Announces Grant of Stock Options

Vancouver, British Columbia, March 9, 2022 – Flying Nickel Mining Corp. (“Flying Nickel” or

the “Company”) (TSX V:FLYN) announces it has granted stock options to acquire up to 200,000

common shares to certain directors, officers and consultants. Each stock option is exercisable for a

five‐year term expiring on March 4, 2027 and exercisable until that time at a price of $0.70 per

common share. The options are subject to vesting provisions, with 12.5% vesting per quarter for the

first two years following the grant date.

About Flying Nickel

Flying Nickel Mining Corp. is a premier nickel sulphide mining and exploration company, which was

spun out from Silver Elephant Mining Corp in January 2022. The company is advancing its 100%

owned Minago nickel project in the Thompson nickel belt in Manitoba, Canada.

Further information on the Company can be found at www.flynickel.com.

FLYING NICKEL MINING CORP.

ON BEHALF OF THE BOARD

“Danniel Oosterman”

Chief Executive Officer

For more information about the Company, please contact:

Phone: 1-604-569-3661 ext. 101

Email: [email protected]

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.

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this news release, including statements which may contain words

such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, or similar expressions, and

statements related to matters which are not historical facts, are forward-looking information within the

meaning of applicable securities laws. Such forward-looking statements, which reflect management’s

expectations regarding Flying Nickel’s future growth, results of operations, performance, business

prospects and opportunities, are based on certain factors and assumptions and involve known and

unknown risks and uncertainties which may cause the actual results, performance, or achievements

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to be materially different from future results, performance, or achi evements expressed or implied by

such forward-looking statements.

These factors should be considered carefully, and readers should not place undue reliance on the

Flying Nickel’s forward-looking statements. Flying Nickel believes that the expectations reflected in

the forward-looking statements contained in this news release and the documents incorporated by

reference herein are reasonable, but no assurance can be given that these expectations will prove to

be correct. In addition, although Flying Nickel has attempted to identify important factors that could

cause actual actions, events or results to differ materially from those described in forward looking

statements, there may be other factors that cause actions, events or results not to be as anticipated,

estimated or intended. Flying Nickel undertakes no obligation to release publicly any future revisions

to forward-looking statements to reflect events or circumstances after the date of this news or to reflect

the occurrence of unanticipated events, except as expressly required by law.