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ZBNI.V ·

ZEB begins trading on the TSX Venture Exchange

Listings & Exchange

ZEB NICKEL CORP.

(formerly Blue Rhino Capital Corp.)

NEWS RELEASE

NOT FOR DISTRIBUTION IN THE U.S. OR TO U.S. NEWSWIRE SERVICES.

ZEB begins trading on the TSX Venture Exchange

August 11, 2021 – Toronto, Ontario – ZEB Nickel Corp. (formerly Blue Rhino Capital Corp.) (“ZEB”

or the “Company”) (TSXV:ZBNI) is pleased to announce it has commenced trading on the TSX

Venture Exchange under the symbol “ZBNI” effective today.

The Company’s share capitalization consists of an unlimited amount of common shares, of which

54,797,828 are currently issued and outstanding. The Company’s registered and records office

is at Suite 2200, 885 West Georgia Street, Vancouver, British Columbia, V6C 3E8 and its head

office is at Suite 401, 4 King Street, Toronto, Ontario, M5H 1B6.

ABOUT THE COMPANY

The Company controls the rights to the Zebediela Nickel Project located in the Limpopo Province

in the Republic of South Africa, near the platinum mining town of Mokopane.

The Company has filed a filing statement dated July 28, 2021 (the “Filing Statement”) under its

profile on SEDAR at www.sedar.com. Readers are encouraged to review the Filing Statement,

which provides detailed information the business of the Company and the Zebediela Nickel

Project.

ON BEHALF OF THE BOARD

“Wayne Isaacs”

Chief Executive Officer

For further information from the Company, contact:

Wayne Isaacs

ZEB Nickel Corp.

Chief Executive Officer

Suite 401, 4 King Street,

Toronto, Ontario

M5H 1B6

Phone: (416) 317-7556

Email: [email protected]

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.

This news release may contain certain "Forward-Looking Statements" within the meaning of the

United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities

laws regarding the Company and its business. When or if used in this news release, the words

"anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and

similar words or expressions identify forward-looking statements or information. These forward-

looking statements or information may relate to proposed financing activity, proposed

acquisitions, regulatory or government requirements or approvals, the reliability of third-party

information and other factors or information. Such statements represent the Company's current

views with respect to future events and are necessarily based upon a number of assumptions and

estimates that, while considered reasonable by the Company, are inherently subject to significant

business, economic, competitive, political and social risks, contingencies and uncertainties. Many

factors, both known and unknown, could cause results, performance or achievements to be

materially different from the results, performance or achievements that are or may be expressed

or implied by such forward- looking statements. The Company does not intend, and do not

assume any obligation, to update these forward-looking statements or information to reflect

changes in assumptions or changes in circumstances or any other events affecting such

statements and information other than as required by applicable laws, rules and regulations.

This news release is not an offer of securities for sale in the United States. The securities may

not be offered or sold in the United States absent registration or an exemption from registration

under U.S. Securities Act of 1933, as amended (the “U.S. Securities Act"). The Company has not

registered and will not register the securities under the U.S. Securities Act. The Company does

not intend to engage in a public offering of their securities in the United States.