Nickel Creek Platinum Announces Increase to Non-Brokered Private Placement
NICKEL CREEK PLATINUM ANNOUNCES INCREASE TO NON-BROKERED PRIVATE PLACEMENT
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OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES/
OAKVILLE, ONTARIO, November 3, 2025 – Nickel Creek Platinum Corp. (TSX V: NCP) (“Nickel Creek”
or the “Company”) announces an increase to its previously announced non-brokered private placement
(see October 29, 2025 news release) of securities of the Company to up to $2.1 million (the “ Private
Placement”), consisting of the sale and issuance of up to:
i. 465,000 common shares of the Company (each, a “ Common Share ”) at a price of $2.15 per
Common Share; and
ii. 478,260 Common Shares that will qualify as “flow-through shares” within the meaning of subsection
66(15) of the Income Tax Act (Canada) (the “Tax Act”) (each, a “FT Share”) at a price of $2.30 per
FT Share.
The Company’s largest shareholder, Electrum Strategic Opportunities Fund L.P. (“ Electrum”), has
indicated its intention to invest up to approximately $0.8 million in the Private Placement.
The net proceeds from the sale of the Common Shares will be used to fund the Company’s proposed 2026
drill program, ongoing permitting activities and holding costs at the Company’s Nickel Shäw Project located
in the Yukon (the “ Project”), and for general corporate expenses and working capital purposes . Gross
proceeds from the sale of the FT Shares will be used to fund the Company’s proposed 2026 drill program
at the Project, as Canadian Exploration Expenses as defined in paragraph (f) of the definition of “Canadian
exploration expense” in subsection 66.1(6) of the Tax Act and “flow through mining expenditures” as defined
in subsection 127(9) of the Tax Act, which will be renounced with an effective date of no later than
December 31, 2025 to initial purchasers of the FT Shares.
Closing of the Private Placement is expected to occur in November 2025 and remains subject to the
approval of the T SX Venture Exchange (the “ TSXV”) and other customary closing conditions for a
transaction of this nature. The Common Shares and the FT Shares will be offered to accredited investors
in Canada pursuant to applicable prospectus exemptions in accordance with NI 45 -106, and in such other
jurisdictions in which the Private Placement may be lawfully made, and will have a statutory hold period of
four months and one day from closing.
In connection with the Private Placement, subject to acceptance by the TSXV, the Company will pay a
finder’s fee equal to 6% of the gross amount invested in the Private Placement by investors introduced to
the Company by a finder, payable in Common Shares.
Pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions
(“MI 61-101”), the Private Placement will constitute a “related party transaction ” as Electrum is a related
party of the Company, given it holds greater than 10% of the outstanding Common Shares. The Company
is relying on exemptions from the formal valuation and minority shareholder approval requirements provided
under sections 5.5(a) and 5.7(1)(a) of MI 61-101 on the basis that participation in the Private Placement by
Electrum will not exceed 25% of the fair market value of the Company’s market capitalization, as calculated
in accordance with MI 61-101.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in
the United States nor shall there be any sale of the securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful . The securities have not been and will not be registered under the
United States Securities Act of 1933, as amended (the “1933 Act”), or any state securities laws and may
not be offered or sold in the United States unless registered under the 1933 Act and any applicable
securities laws of any state of the United States or an applicable exemption from the registration
requirements is available.
About Nickel Creek Platinum Corp.
Nickel Creek Platinum Corp. (TSX V: NCP; OTCQB: NCPCF) is a Canadian mining exploration and
development company and its asset is its 100%-owned Nickel Shäw Project. The Nickel Shäw Project is a
large undeveloped nickel sulphide project in one of the most favourable jurisdictions in the world, with a
unique mix of metals including copper, cobalt and platinum group metals. The Nickel Shäw Project has
exceptional access to infrastructure, located three hours west of Whitehorse via the paved Alaska Highway,
which offers year-round access to deep-sea shipping ports in southern Alaska.
The Company is led by a management team with a proven track record of successful discovery,
development, financing and operation of large -scale projects. Our vision is to create value for our
shareholders by becoming a leading North American nickel, copper, cobalt and PGM producer.
Neither the TSXV nor its Regulation Service Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Information
This news release includes certain information that may be deemed “forward-looking information”. Forward-
looking information can generally be identified by the use of forward -looking terminology such as “may”,
“will”, “expect”, “intend”, “believe”, “continue”, “plans” or similar terminology, or negative connotations
thereof. All information in this release, other than information of historical facts, including, without limitation,
statements relating to the Private Placement , the timing of closing of the Pr ivate Placement, insider
participation in the Private Placement, payment of the finder’s fee, and general future plans and objectives
for the Company and the Project, are forward -looking information that involve various risks and
uncertainties. Although the Company believes that the expectations expressed in such forward -looking
information are bas ed on reasonable assumptions, such expectations are not guarantees of future
performance and actual results or developments may differ materially from those in th e forward-looking
information.
For more information on the Company and the key assumptions, risks and challenges with respect to the
forward-looking information discussed herein, and about our business in general, investors should review
the Company’s most recently filed annual information form, and other continuous disclosure filings which
are available at www.sedarplus.ca. Readers are cautioned not to place undue reliance on forward -looking
information. The Company does not undertake to update any forward -looking information, except in
accordance with applicable securities laws.
Nickel Creek Platinum Contact:
Stuart Harshaw
President & Chief Executive Officer
1-416-304-9318