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NNX.V ·

Nickel North Announces a Corporate Update of the Option with 1844 Resources Inc. September 4 , 2025

Mergers & Acquisitions

AC/14038479.2

NEWS

RELEASE

1105

-

750

West

Pender

Street

Vancouver,

British

Columbia

V6C

2T8

http://nnexploration.com

Trading

Symbol:

"NNX:

TSX.V"

NICKEL NORTH

ANNOUNCES A CORPORATE UPDATE OF THE OPTION WITH 1844 RESOURCES INC.

September

4

, 2025

-

Vancouver, British Columbia

–

Nickel North Exploration Corp

.

(

TSX

-

V:NNX

)

("

Nickel

North

" or the "

Company

")

The Company wishes to provide an update regarding its Option Agreement

with

1844 Resources Inc

.

(“

1844

”)

. The Company and 1844

announce that the Option Agreement dated

December 10, 2024, between the parties has been terminated

but b

oth companies have expressed

interest in continuing discussions and may begin negotiations toward a new Option Agreement.

The updated National Instrument 43

-

101 on the Hawkridge property has been filed with the TSX

-

V

by

1844

.

About

Nickel

North

Exploration

Nickel North Exploration is a Canada

-

based exploration company focused on defining a Cu

-

Ni

-

Co

-

PGE

mineral resource at its Hawk Ridge Project in Northern Quebec. The board of directors, advisor

committee and management team are experienced, successful mine

finders. The property consists of a

50

km

long

belt

of

strong

magmatic Cu

-

Ni

-

Co

-

PGE occurrences covering 179.67

km2. Quebec

is a

mining

-

friendly jurisdiction. Nickel North Exploration is a conscientious corporate citizen maintains good

relations with local Inuit communities and is committed to sustainable development. For more

information on the company, please visit

www.nnexploration.com

or follow Company on Twitter at

https://twitter.com/nickelnorth

.

Per:

"Tony

Guo"

Tony

Guo

Tony

Guo.

P.

Geo,

Chief

Executive

Officer

(Tel:

+1

-

778

-

877

-

5480)

E

-

mail:

[email protected]

AC/14038479.2

-

2

-

For

further

information

please

visit

http://www.nnexploration.com

This

news

release

may contain

forward

-

looking

information,

which

is

not

comprised

of historical

facts.

Forward

-

looking

information

involves risks, uncertainties and other factors that could cause actual

events, results, performance, prospects and opportunities to

differ materially from those expressed or implied by such forward

-

looking information. Forward

-

looking information in this news

release

may

include,

but

is

not

limited

to,

the

Company's

objectives,

goals

or

future

plans.

Factors

that

could

cause

actual

results

to

differ materially from such forward

-

looking information include, but are not limited to, those risks se

t out in the Company's public

documents

filed

on

SEDAR.

Although

the

Company

believes

that

the

assumptions

and

factors

used

in

preparing the

forward

-

looking

information

in

this

news release

are

reasonable,

undue

reliance

should not be

placed

on

such

information,

which

only applies as of

the

date

of

this

news

release,

and

no

assurance

can

be

given

that

such

events

will

occur

in

the

disclosed

time

frames,

or

at

all.

The

Company disclaims any intention or obligation to update or revise any forward

-

looking information, whether as a result of new

information,

future

events

or

otherwise,

other

than

as required by law. Neither

TSX Venture

exchange nor

its

Regulations 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.

The

securities

being

offered

have

not

been,

nor

will

they

be

registered

under

the

United

States

Securities

Act

of

1933,

as

amended,

or

state

securities

laws

and

may

not

be

offered

or

sold

within

the

United

States

or

to,

or

for

the

account

or

benefit

of,

U.S.

persons

absent

U.S.

federal

and

state

registration

or

an

applicable

exemption

from

the

U.S.

registration

requirements.

This

release

does

not

constitute an offer for sale of securities in the United States.