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Tartisan Nickel Corp. Update ON Audited Financial Statements

Financials

44 Victoria Street, Suite 1102, Toronto, ON, M5C 1Y2 Canada

PRESS RELEASE: FOR IMMEDIATE RELEASE

TARTISAN NICKEL CORP.

UPDATE ON AUDITED FINANCIAL STATEMENTS

Toronto, Canada, July 29, 2020 – Tartisan Nickel Corp. (CSE: TN; US-OTC: TTSRF;

FSE: A2D) (“Tartisan”, or the “Company” ) intends to participate in the blanket relief program

announced on March 18, 2020 ( the “Blanket Order ”) by the Canadian Securities Ad ministrators

(the “CSA” ) extending deadlines to file Financial Statements and Management Di scussion and

Analysis ( MD&A”). T he Company confirms that it is relying on the relief therein in respect of

its audited annual March 31, 2020 Financial Statement s and the related MD&A as a result of

interruptions in the flow of information required for the preparation of fin ancial reporting

obligations, which it expects to file by the middle of August, 2020. Until the Company has filed

such Financial Statements and MD&A, insiders of the Company are subject to the Company’s

share trading and black-out policy.

Other than the business developments that have been previously disclosed and filed on SEDAR,

the Company confirms that there have been no material business developments since the filing of

its interim financial statements on February 28, 2020.

About Tartisan Nickel Corp.

Tartisan Nickel Corp. is a Canadian based mineral exploration and development company which

owns a 100% stake in the Kenbridge Nickel Project in Ontario; a 100% interest in the Sill Lake

Silver-Lead P roject in Ontario; a 100% interest in the Don Pancho Manganese -Silver-Zinc

Project in Peru just 9 km from Trevali’s Santander mine . Tartisan also owns a 100% stake in the

Ichuna Copper-Silver Project, contiguous to Buenaventura’s San Gabriel Property in Peru.

The Company has an equity stake in Eloro Resources Ltd, which is exploring the low -

sulphidation epithermal La Victoria Gold/Silver Project in Ancash, Peru and the Iska-Iska Silver-

Gold Project in Bolivia. The Company also holds a stake in Class 1 Nickel Technologies Corp.

which owns the Alexo-Kelex Nickel mine and Dundonald Property in Timmins, Ontario.

Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (C SE:TN;

US-OTC:TTSRF; FSE: A2D). Currently, there are 101,603,550 shares outstanding (103,303 ,550

fully diluted).

For further information, please contact Mr. D. Mark Appleby, President & CEO and a Director

of the Company, at 416 -804-0280 ( [email protected]). Additional information about

Tartisan can be found at the Company’s website at www.tartisannickel.com or on SEDAR at

www.sedar.com.

Jim Steel MBA P.Geo. is the Qualified Person u nder NI 43 -101 and has read and approved the

technical content of this News Release.

This news release may contain forward-looking statements including but not limited to comments

regarding the timing and content of upcoming work programs, geological interpretations,

receipt of property titles, potential mineral recovery processes, etc. Forward -looking statements

address future events and conditions and therefore, involve inherent risks and uncertainties.

Actual results may differ materially from those currently anticipated in such statements.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor

disapproved of the contents of this press release.