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FNI.CN ·

Fathom Engages CanNorth for ESG Work at Albert Lake

Corporate Updates

Fathom Nickel Inc.

FATHOM CONTRACTS CANNORTH TO ADVISE AND SUPPORT ON ESG ACTIVITIES AT THE

ALBERT LAKE PROJECT

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN

THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A

VIOLATION OF U.S. SECURITIES LAWS.

Calgary, Alberta – August 12, 2021 – Fathom Nickel Inc. (the "Company" or "Fathom") (CSE:FNI) (FSE:

6Q5), is pleased to announce that it has engaged Canada North Environmental Services (CanNorth) to

advise and support its environmental, social and governance (“ESG”) initiatives in conjunction with the

aggressive summer/fall exploration program planned at its Albert Lake Project in Saskatchewan.

CanNorth is a private environmental consulting company that is 100% owned by Kitsaki Management

Limited Partnership, the business arm of the Lac La Ronge Indian Band. CanNorth is based in

Saskatoon Saskatchewan and is one of the largest environmental service providers in western Canada.

Since 1997 CanNorth’s experienced, interdisciplinary team has offered the technical skills and knowledge

to protect the environment, satisfy regulatory requirements, and support local communities.

CanNorth serves cli ents nationally and internationally in relation to communication and trust building

between Indigenous groups and local communities and developments. As a First Nation owned company,

CanNorth maximizes Indigenous community involvement in projects, including integrating traditional

knowledge, engaging local people in environmental programs, and c reating employment and education

opportunities. CanNorth is the only First Nation owned consulting company in North America to obtain ISO

9001:2015 (quality management), ISO 14001:2015 (environmental stewardship), and ISO 45001:2018

(occupational health and safety) International Standard certifications.

As Fathom advances the Albert Lake Project, we look forward to working with CanNorth to develop and

implement our community engagement and environmental programs, while providing opportunities for local

communities, stakeholders, and rights holders.

Qualified Person and Data Verification

Ian Fraser, PGeo., VP Exploration and a Director of the Company and the "qualified person" as such term

is defined by National Instrument 43- 101, has verified the data disclosed in this news release, and has

otherwise reviewed and approved the technical information in this news release on behalf of the Company.

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About Fathom Nickel Inc.

Fathom Nickel is a resource exploration and development company that is targeting high- grade nickel

sulfide discoveries for use in the rapidly growing global electric vehicle market.

The Company is accelerating exploration on its flagship Albert Lake Project, host to the historic

Rottenstone mine, which is recognized as one of the highest ‐grade (Nickel, Copper, Platinum group

metals) deposits of its type ever mined in Canada. The Albert Lake Project consists of over 90,000 ha of

mineral claims located in the Trans-Hudson Corridor of Saskatchewan, which is home to numerous world-

class mining camps.

ON BEHALF OF THE BOARD

“Brad Van Den Bussche”

President and CEO, Director

For Further Information Please Contact:

Brad Van Den Bussche, President and CEO

or

Manish Grigo, Director of Corporate Development

+1-416-569-3292

Email: [email protected]

Forward Looking Statements :

This news release contains "forward-looking statements" that are based on expectations, estimates, projections and

interpretations as at the date of this news release. Forward -looking statements are frequently characterized by words

such as "plan", "expect", "project", "seek", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other

similar words or statements that certain events or conditi ons "may" or "will" occur, and include, without limitation,

statements regarding the enhancement of the Company’s geologic model and extending the areas of known

mineralization and the Company’s work towards defining a resource base. Such forward looking s tatements involve

known and unknown risks, uncertainties and other factors which may cause the actual results, performance or

achievements of the Company to be materially different from any future results, performance or achievements

expressed or implied by such forward-looking statements. Such risks and other factors may include, but are not limited

to, the results of exploration activities; the ability of the Company to complete further exploration activities; timing and

availability of external financing on acceptable terms. The Company does not undertake to update any forward-looking

information except in accordance with applicable securities laws.