North American Nickel Appoints New Chief Financial Officer
NORTH AMERICAN NICKEL INC.
2200-1055 W. Hastings Street
Vancouver, BC
V6E 2E9
Tel: (604) 770-4334
Toll Free: 1-866-816-0118
NORTH AMERICAN NICKEL APPOINTS NEW CHIEF FINANCIAL
OFFICER
Vancouver, British Columbia, May 22, 2018 – North American Nickel Inc. (TSX VENTURE: NAN)
(OTCBB: WSCRF) (CUSIP: 65704T 108) (the "Company" or “NAN”) is pleased to announce that it has
appointed Sarah-Wenjia Zhu as Chief Financial Officer of the Company.
Mrs. Zhu has over 15 years of financing and accounting experience in the public and private equity market
with a focus on the Natural Resources sector. Formerly, she held the position of Investment Manager with
The Sentient Group. She holds a bachelor’s degree in Accounting from Guangdong Unive rsity of Finance
& Economics and an MBA from the John Molson Business School of Concordia Universi ty. Prior to this
Mrs. Zhu spent six years on an audit and systems risk consulting business with Deloitte China and gain ed
her accounting qualification (CICPA) before migrating to Canada in 2004. She is also a CFA charter holder.
NAN CEO, Keith Morrison, commented : “I am very pleased to welcome Sarah to NAN as our new CFO .
Sarah brings a combination of skills and experience that will add to both our board and executive teams as
we manage the continued growth of the company.
I would like to thank Mr. Chris Hopkins for his commitment and leadership as CFO for the Company and
wish him the best in the future.”
The Company has also granted incentive stock options to certain officers and consultants of the Company
to purchase up to 700,000 common shares in the capital of the Company pursuant to the Company's stock
option plan. All options are exercisable for a period of five years at an exercise price of $0.12 per share.
About North American Nickel
North American Nickel is a mineral exploration company with 100% owned properties in Maniitsoq,
Greenland and Sudbury, Ontario.
The Maniitsoq property in Greenland is a Camp scale permitted exploration project comprising 2,985 square
km covering numerous high-grade nickel-copper + cobalt sulphide occurrences associated with norite and
other mafic-ultramafic intrusions of the Greenland Norite Belt (GNB). The >75km-long belt is situated along,
and near, the southwest coast of Greenland accessible from the existing Seqi deep water port with an all
year-round shipping season and hydroelectric power potential from a quantified watershed.
The Post Creek/Halcyon property in Sudbury is strategically located adjacent to the past producing
Podolsky copper-nickel-platinum group metal deposit of KGHM International Ltd. The property lies along
the extension of the Whistle Offset dyke structure. Such geological structures host major Ni -Cu-PGM
deposits and producing mines within the Sudbury Camp.
Cautionary Note Regarding Forward-looking Statements
This press release contains certain “forward -looking statements” and “ forward-looking information” under
applicable securities laws concerning the business, operations and financial performance and condition of
the Company. Forward-looking statements and forward-looking information include, but are not limited to,
statements with respect to the timing and completion of the Placement, and the availability of regulatory
approvals for the Placement. Except for statements of historical fact relating to the Company, certain
information contained herein constitutes forward -looking statements. Forward -looking statements are
frequently characterized by words such as “plan,” “expect,” “project,” “intend,” “believe,” “anticipate”,
“estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur.
Forward-looking statements are based on the opinions and estimates of management at the date the
statements are made and are based on several assumptions and subject to a variety of risks and
uncertainties and other factors that could cause actu al events or results to differ materially from those
projected in the forward-looking statements. Many of these assumptions are based on factors and events
that are not within the control of the Company and there is no assurance they will prove to be corre ct.
Factors that could cause actual results to vary materially from results anticipated by such forward -looking
statements include the inability to obtain regulatory approvals required in relation to the Placement. The
Company cautions that the foregoing list of important factors is not exhaustive. Investors and others who
rely on forward-looking statements should carefully consider the above factors as well as the uncertainties
they represent and the risk they entail. The Company believes that the expecta tions reflected in those
forward-looking statements are reasonable, but no assurance can be given that these expectations will
prove to be correct and such forward-looking statements included in this press release should not be unduly
relied upon. These st atements speak only as of the date of this press release. The Company undertakes
no obligation to update forward-looking statements if circumstances or management’s estimates or opinions
should change except as required by applicable securities laws.
Although the Company 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 anticipated, estimated or intended. Statements concerning
mineral reserve and resource estimates may also be deemed to constitute forward -looking statements to
the extent they involve estimates of the mineralization that will be encountered if the property is developed.
Statements about the Company's future expectations and all other statements in this press release other
than historical facts are "forward looking statements" within the meaning of Section 27A of the U.S.
Securities Act, Section 21E of the Securities Exchange Act of 1934 and as that term defined in the Private
Litigation Reform Act of 1995. The Company intends that such forward -looking statements be subject to
the safe harbours created thereby. Since these statements involve risks and un certainties and are subject
to change at any time, the Company's actual results may differ materially from the expected results.
ON BEHALF OF THE BOARD OF DIRECTORS
Mark Fedikow
President
North American Nickel Inc.
For more information contact:
North American Nickel Inc.
Jaclyn Ruptash
Corporate Communications
604-770-4334
Toll free: 1-866-816-0118
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.