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ZBNI.V ·

Zeb Announces Granting of Options

Share Capital & Compensation

Zeb Nickel Corp.

Head Office: Suite 401, 4 King Street, 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: +1 416 504 3978

[email protected]

For Immediate Release

ZEB ANNOUNCES GRANTING OF OPTIONS

November 10, 2020

Toronto, Ontario – Zeb Nickel Corp. (the “Company”) is pleased to announce it has granted an aggregate of

2,785,000 stock options to its directors, officers, consultants and Service providers. Each option is exercisable at

$.025 per common share at any time until November 9, 2025.

For further information, please visit http://www.zebnickel.com or contact:

Zeb Nickel Corp.

Wayne Isaacs

Chief Executive Officer

Email: [email protected]

Phone: 416.504.3978

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

Forward Looking Statements

This press release contains certain information that may constitute "forward -looking information" under applicable

Canadian securities legislation. Forward looking information includes, but is not limited to, drill results relating to the

Zebediela Project, the potential thereof, timing of economic studies and mineral resource estimates, the ability to classify

the historical resource as a current mineral resource, the ability to sell marketable materials, strategic plans, including

future exploration and development results, and corporate and technical objectives. Forward-looking inform ation is

necessarily based upon a number of assumptions that, while considered reasonable, are subject to known and unknown

risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those

expressed or implied by such forward-looking information. Factors that could affect the outcome include, among others:

future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise the money

necessary to incur t he expenditures required to retain and advance the property, environmental liabilities (known and

unknown), general business, economic, competitive, political and social uncertainties, results of exploration programs,

risks of the mining industry, delays i n obtaining governmental approvals, failure to obtain regulatory or shareholder

approvals, and the impact of COVID-19 related disruptions in relation to the Company's business operations including

upon its employees, suppliers, facilities and other stakeho lders. There can be no assurance that such information will

prove to be accurate, as actual results and future events could differ materially from those anticipated in such information.

Accordingly, readers should not place undue reliance on forward-lookin g information. All forward -looking information

contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management

and information available to management as at the date hereof. The Company disclaims an y intention or obligation to

update or revise any forward-looking information, whether as a result of new information, future events or otherwise,

except as required by law.