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Pure Nickel Appoints Thomas S. Kofman as Interim CFO

Management Changes

FOR RELEASE January 31, 2017

Pure Nickel Appoints Thomas S. Kofman as Interim CFO

TORONTO: January 31, 2016. Pure Nickel Inc. (TSXV: NIC) (the “Company”) announces that Thomas S.

Kofman has been appointed as interim Chief Financial Officer of the Company.

Mr. Kofman has been a director of the Company since 2012 and has served on the Audit Committee

since that time. Mr. Kofman has over 30 years of experience in North American Capital Markets as both

an issuer and banker; he is a Chartered Accountant with a Bachelor of Arts degree from York University.

David McPherson, the Company’s President and CEO commented, “We would like to thank Tom for his

assistance as we continue our search for a permanent CFO.”

About Pure Nickel Inc.

Pure Nickel is a mineral exploration company with a diverse collection of nickel, copper and platinum

group element exploration projects in North America.

Forward Looking Statements

Some of the statements contained herein may be forward-looking statements which involve known and

unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and

resources, exploration results, expectations, plans, and objectives of Pure Nickel are forward-looking

statements that involve various risks. The following are important factors that could cause Pure Nickel’s

actual results to differ materially from those expressed or implied by such forward-looking statements:

changes in the world wide price of mineral commodities, general market conditions, risks inherent in

mineral exploration, risks associated with development, construction and mining operations, the

uncertainty of future exploration activities and cash flows, and the uncertainty of access to additional

capital. There can be no assurance that forward-looking statements will prove to be accurate as actual

results and future events may differ materially from those anticipated in such statements. Pure Nickel

undertakes no obligation to update such forward-looking statements if circumstances or management's

estimates or opinions should change. The reader is cautioned not to place undue reliance on such

forward-looking statements.

Neither the 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.

For further information:

Pure Nickel Inc.

David McPherson

T. (416) 644-0066

[email protected]

www.purenickel.com