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ZBNI.V ·

Zeb Nickel Corp. Appoints John Zorbas to Board of Directors

Management Changes

For Immediate Release

Zeb Nickel Corp. Appoints John Zorbas to Board of Directors

November 29, 2021 – Toronto, Ontario – ZEB Nickel Corp. (formerly Blue Rhino Capital Corp.) (“ZEB” or

the “Company”) (TSXV:ZBNI) is pleased to announce that John Zorbas has been appointed to the Board of

Directors effective November 25, 2021. Mr. Zorbas is an entrepreneur with a proven track record in advanced

exploration projects. He has also held senior advisory positions in various facets of business including

operations, marketing, sales, strategic planning and finance.

Mr. Zorbas is currently a Director and the Chief Executive Officer of URU Metals Ltd. , a company which

holds 74.82% of ZEB’s issued and outstanding common shares, through its wholly -owned subsidiary Floza

Capital Management Ltd.. Mr. Zorbas’ began his career in junio r exploration projects in 2006 when he was

instrumental in developing the advancement of Niger Uranium Ltd. in 2008 and since that time his experience

has expanded to include senior roles in both public and private companies including Management Resource

Solutions PLC, MGM Productions Group Inc., Monchhichi PLC (former: Mercom Capital PLC) and he is also

a founding shareholder of Asian Coast Development Ltd. More recently, Mr. Zorbas served as Chief Executive

Officer and Director of Toronto based Captor Capital, a company for which he oversaw the raising of

$70million for the development of retail cannabis assets in California.

Wayne Isaacs, CEO of the Company, states that “We are happy to have John join the board of ZEB. URU is

a major shareholder of ZEB and John has had a long history with, and a great understanding of the Zebediela

Nickel Project, our principal asset. In addition to the numerous business relations that URU has built over the

years in South Africa and more specifically in the Bushveld Complex, John’s insights and perspective on the

project will be very valuable as we proceed towards building the Z ebediela Nickel Project into a world class

advanced exploration project.”

Mr. Zorbas holds an Honors Bachelors in Economics from the University of Toronto.

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) 504-3978

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 informati on 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 w ith 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, conting encies 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 st atements. 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 informatio n 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.