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NNX.V ·

Nickel North Announces Results of Annual and Special General Meeting

Shareholder Meetings

Nickel North Exploration Corp.

NNX | TSX Venture Exchange

www.nnexploration.com

[email protected]

Suite 1105, 750 West Pender Street, Vancouver, British Columbia, V6C 2T8, Canada

Telephone: 778.877.5480

NEWS RELEASE

Nickel North Announces Results of Annual and Special General Meeting

For Immediate Release

August 3, 2022

Nickel North Exploration Corp. (TSX -V: NNX) (the “Company” or “Nickel North”) is pleased to announce

the results of its Annual and Special General Meeting (the “Meeting”) held on Friday, July 29, 2022. A total

of 63,900,640 common shares, representing 71.03% of the issued and outstanding common shares of the

Company, were represented at the Meeting.

All resolutions p roposed to shareholders were duly passed. Dr. Jingbin Wang, Andrew Lee Smith, Dr.

Yingting (Tony) Guo and Julie Lemieux were re-elected to the Board of Directors of the Company.

The motion to approve the shares for debt settlements for debts in an aggregate amount of $223,462.50

was passed by disinterested shareholders (excluding votes cast by an associate of SinoTech (Hong Kong)

Corporation Limited, Yingting (Tony) Guo and his associates) . The motion to approve the settlement of

loans from Sinotech (Hong Kong) Corporation Limited in the amount of $1,654,995 by issuance of a

convertible debenture was also passed by disinterested shareholders (excluding votes cast by an associate

of SinoTech (Hong Kong) Corporation Limited).

About Nickel North Exploration

Nickel North Exploration is a Canadian based explorer focused on defining a Ni- Cu-PGE resource at our

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 magmatic Ni-

Cu-PGE occurrences covering over 173 km2. The project is located near tidewater. Quebec is a mining

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

relations with Communities and Aboriginal people, and is committed to sustainable development. For

more information on the company, please visit www.nnexploration.com.

On behalf of Nickel North Exploration Corp.

“SIGNED”

Yingting (Tony) Guo, President and CEO

For further information please contact:

T: +1-778-877-5480

E: [email protected]

North America IR/PR

Jemini Capital

Jorge Galindo

E: [email protected]

T: +1 (647) 725-3888 x703

Nickel North Exploration Corp.

NNX | TSX Venture Exchange

www.nnexploration.com

[email protected]

Suite 1105, 750 West Pender Street, Vancouver, British Columbia, V6C 2T8, Canada

Telephone: 778.877.5480

Neither 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.

Disclaimer for Forward-Looking Statements

All statements, other than statement of historical fact, included herein are forward -looking statements

that are subject to risks and uncertainties. Forward -looking statements are often, but not always,

identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely”

and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or

be achieved and other similar expression s. Forward -looking statements are subject to business and

economic risks and uncertainties and other factors that could cause actual results of operations to differ

materially from those contained in the forward -looking statements. Forward-looking statemen ts are

based on estimates and opinions of management at the date the statements are made. The Company

does not undertake any obligation to update forward-looking statements except as required by applicable

securities laws. Investors should not place undue reliance on forward-looking statements.