Updated Mineral Resource - Crawford

Ownership Structure CANADA NICKEL COMPANY The Company is well-funded to achieve its next milestone, with a $13 million bought deal financing closed on October 14, 2020. Pro Forma Capital Structure Common Shares (M) 79.8 Warrants (M) 3.0 Options / RSUs (M) 6.6 Fully Diluted Shares (M) 89.1 Management and Board members own ~5% of common shares. www.canadanickel.com 27 27

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