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ZBNI.V ·

Ground-Based Geophysical Survey to Start Following Completion of Line Preparation

Exploration Programs

Zeb Nickel Corp.

Head Office: Suite 401, 4 King Street West , Toronto, Ontario, Canada

Registered Office: Suite 2200, 885 West Georgia Street, Vancouver, British Columbia, V6C 3E8

Zeb Nickel Corp

TSX-V: ZBNI

www.zebnickel.com

Tel: +1 416 628 3100

[email protected]

NEWS RELEASE

Ground-Based Geophysical Survey to Start Following Completion of Line

Preparation

Vancouver, BC, April 15, 2026 – ZEB Nickel Corp. (ZBNI:TSX-V) (OTC:ZBNIF) (“Zeb” or

the “Company”)

Zeb Nickel Corp is pleased to announce that line preparation has been completed across

both priority survey areas for the planned ground-based geophysical programme at the

Zeb Nickel Project.

The ground-based gravity survey is scheduled to commence tomorrow (15 April 2026),

with the frequency -domain electromagnetic (FDEM) survey expected to commence

shortly thereafter. The programme forms part of the next phase of exploration aimed at

enhancing the resolution of the previously completed airborne geophysical surveys.

The airborne programme successfully identified several compelling coincident gravity –

magnetic–electromagnetic anomalies interpreted to be associated with a magmatic

conduit system linking the Uitloop ultramafic bodies. The higher -resolution ground -

based surveys are expected to refine these anomalies, improve target definition, and

better constrain the geometry of conductive bodies potentially associated with semi -

massive nickel sulphide mineralisation.

The results of the gravity and FDEM surveys will support prioritisation of drill targets and

maximise the effectiveness of the Company’s upcoming drilling campaign.

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Figure 1: Map showing the ground-based geophysical survey areas, including the adjacent Ivanplats Mining

Right and mine shaft. The gravity survey along the planned lines commenced on 15 April 2026.

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CEO James Nieuwenhuys commented:

“We are very pleased to have completed line preparation across both survey areas and

to now be commencing the ground -based geophysical programme. While the airborne

programme successfully identified several compelling targets, the higher -resolution

ground surveys will allow us to sharpen our focus on the most prospective semi-massive

nickel sulphide targets. This work is designed to maximise the effectiveness of our

upcoming drilling campaign. We are very excited about the progress being made and

look forward to the coming weeks and months as the surveys advance. We will continue

to provide shareholders with regular updates as results become available.”

About the Company and Project

Zeb Nickel Corp is focused on exploring for and developing world-class mineral deposits,

with a focus on metals that are critical in the production of rechargeable batteries, such

as nickel, graphite, lithium, cobalt, manganese, copper and aluminum. The Company is

currently focused on developing its flagship Zeb Nickel Project, located in Limpopo,

South Africa. T he Zeb Nickel Project is a developing Class 1 nickel sulfide project

strategically located in the Bushveld Complex in South Africa.

On behalf of the Board of Directors

James Nieuwenhuys

Chief Executive Officer and Director,

Zeb Nickel Corp.

Email: [email protected]

Company Website: www.zebnickel.com

Cautionary Note Regarding Forward-Looking Statements

This press release contains "forward -looking information" and "forward -looking statements"

(collectively, “forward-looking statements”) within the meaning of applicable Canadian securities

legislation. All statements in this release, other than statements of historical fact, are forward -

looking statements, including but not limited to: interpretations of geophysical data, the potential

extension and connectivity of ultramafic bodies, the existence and extent of a feeder or plumbing

system, the significance of magnetic and gravity anomalies, statements regarding the potential

for massive Ni-Cu-PGE sulphide mineralisation, the planned re -processing and interpretation of

geophysical data, the intention to delineate drill targets in Zone 2 and Zone 3, the object ive of

declaring a higher -grade maiden NI 43 -101 compliant mineral resource, and the broader

development strategy of the Zeb Project.

Forward-looking statements are based on a number of assumptions believed by management to

be reasonable at the time such statements are made, including but not limited to: the accuracy

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of the Company’s interpretation of geophysical and geological data, the availability of financing

on reasonable terms, the ability to obtain necessary regulatory approvals in a timely manner, the

results of planned exploration activities, and assumptions r egarding market conditions and

commodity prices.

Forward-looking statements are subject to known and unknown risks, uncertainties and other

factors that may cause actual results, performance or achievements to differ materially from

those expressed or implied by such statements. These risks and uncertain ties include, but are

not limited to: fluctuations in commodity prices, the outcome of current and future exploration

and drilling programs, capital and operating costs varying significantly from estimates, the ability

to secure financing and maintain access to capital markets, delays or inability to obtain necessary

permits, approvals or licences, political and regulatory risks, environmental risks, and other risks

related to mineral exploration and development.

There can be no assurance that such statements will prove to be accurate, and actual results

and future events may differ materially from those anticipated. Readers are cautioned not to

place undue reliance on forward-looking statements. All forward-looking statements contained in

this press release are made as of the date hereof, and the Company undertakes no obligation to

update publicly or revise any forward-looking statements, whether as a result of new information,

future events or otherwise, except as required by applicable securities laws.