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NNX.V ·

Nickel North Announces Reliance on Temporary Regulatory Filing Relief

Regulatory & Compliance

AC/7458092.1

Nickel North Announces Reliance on Temporary Regulatory Filing

Relief

Vancouver, British Columbia--(August 28, 2020) – Nickel North Exploration Corp. ("Nickel

North", or the "Company") (TSX VENTURE: NNX) announces that due to circumstances

created by the COVID-19 pandemic, it will be postponing the reporting of its interim financial

statements and accompanying management's discussion and analysis for the three (3) month

period ended June 30, 2020 (the "Interim Filings” or "Q2 Filings"), required to be filed by

August 31, 2020 pursuant to National Instrument 51-102 - Continuous Disclosure Obligations

("NI 51-102").

This news release is being issued in accordance to the blanket relief of a 60-day extension

provided by the Canadian Securities Administrators and BC Instrument 51-517 Temporary

Exemption from Certain Corporate Finance Requirements with Deadlines during the Period

from June 2 to August 31, 2020.

The Company is continuing to work diligently and expeditiously to file the Interim Filings and

expects to have them filed on or prior to the extended filing deadline of October 30, 2020.

Until the Q2 Filings are filed, management and other insiders of the Company are subject to a

trading black-out policy that reflects the principles in section 9 of National Policy 11-207 -

Failure to-File Cease Trade Orders and Revocations in Multiple Jurisdictions.

The Company confirms that since the filing of its consolidated interim financial statements for

the period ended September 30, 2019, there have been no material business developments other

than those that have been publicly disclosed as required under applicable securities laws.

For further information:

Nickel North Exploration Corp.

Yingting (Tony) Guo

Chief Executive Officer

[email protected]

Cautionary Statement Regarding Forward-Looking Information

This news release may contain “forward-looking information” and “forward-looking statements” within the

meaning of applicable Canadian securities legislation. All information contained herein that is not historical in

nature may constitute forward-looking information. Forward-looking statements herein include but are not limited

to statements relating to the expected date for filing of the Annual Filings and the Q1 Filings, and are necessarily

based upon a number of assumptions that, while considered reasonable by management, are inherently subject to

business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or

achievements to be materially different from those expressed or implied by forward -looking statements. Except as

required by law, the Company disclaims any obligation to update or revise any forward -looking statements. Readers

are cautioned not to put undue reliance on these forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation 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.