First Nickel Inc.

Published : November 11th, 2014

FNI Reports FInancial and Operating Results for the Three and Nine Month Periods Ended September 30, 2014

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FNI Reports FInancial and Operating Results for the Three and Nine Month Periods Ended September 30, 2014

FOR IMMEDIATE RELEASE 2014-11

First Nickel Reports Financial and Operating Results for the Three and Nine Month

Periods Ended September 30, 2014

TORONTO: November 10, 2014. First Nickel Inc. ("FNI" or the "Company") (TSX:FNI) announces its results for the three and nine months ended September 30, 2014. The Company's unaudited condensed interim financial statements ("financial statements") and management's discussion and analysis ("MD&A") for the period have been filed on SEDAR and will be available at http://www.sedar.com/www.sedar.com and on the Company's website at www.fnimining.com. This news release should be read in conjunction with the Company's financial statements and MD&A for the period ended September 30, 2014. This news release contains forward-looking information that is subject to the risks and assumptions set out in our cautionary statement on forward-looking information, which is located at the end of this news release. (All dollar amounts herein are in Canadian funds unless otherwise indicated.)

KEY DETAILS - THIRD QUARTER OF 2014

Production: The Lockerby Mine produced 3.3 million pounds of contained nickel and 2.0 million pounds of contained copper during the three months ended September 30, 2014 and 9.2 million pounds of contained nickel and 5.3 million pounds of contained copper for the first nine months of the year.

Revenue: Revenue for the three and nine months ended September 30, 2014 was $20.3 million and $58.6 million, respectively.

Total cash production costs1: Total cash production costs were $10.7 million and $35.8 million for the three and nine

months ended September 30, 2014, or $6.29 (US$5.77) and $7.36 (US$6.73) per GMV-net pound of nickel produced, respectively.

Operating cash flow before working capital adjustments1 was $3.1 million and $4.5 million for the three and nine

months ended September 30, 2014, respectively.

Development: Lateral development totaled 399 metres and 1,427 metres for the three and nine months ended

September 30, 2014, respectively.

Net loss: The Company had a net loss of $3.0 million and $13.1 million for the three and nine months ended September

30, 2014, respectively.

Liquidity: At September 30, 2014, the unrestricted cash balance was $3.0 million.

The Company's debt facilities will mature in March 2015, creating a current-account deficit on the balance sheet at September 30, 2014. The Company's revolving credit facility with the Bank of Nova Scotia, which represents US$17.5 million of the Company's debt at September 30, 2014, is structured such that, if it is not repaid upon maturity, the amount outstanding would be converted to a shareholder term loan payable to RCF V and West Face on a pro-rata basis, maturing on March 31, 2016. As at November 10, 2014, the Company is discussing terms with its principal shareholders for the refinancing or extension of the debt before its maturity.

Summary of Financial and Operating Results

In the three months ended September 30, 2014, the Company reported revenue of $20.3 million, total cash production costs of $10.7 million and a net loss of $3.0 million. The Company reported revenue of $58.6 million, total cash production costs of
$35.8 million and a net loss of $13.1 million for the nine months ended September 30, 2014.
Under the Company's gross-metal-value ("GMV") ore-processing agreement with Glencore Canada Corporation ("Glencore") (the "GMV Agreement"), the Company is paid for accountable gross metal value, which is determined based on the value of
the metals contained in the ore delivered. There are no specifically-identified processing costs under the GMV Agreement

1

Total cash production costs, cash production cost per GMV-net pound of nickel produced and cash flow provided by (used in) operating activities before working capital adjustments are

non-GAAP and additional GAAP financial measures, none of which have standardized definitions under IFRS. See pages 10 and 20 of the Company's Q3 2014 MD&A for further details.

1

given that the specified GMV percentage results in revenues that are paid and recorded net of processing costs. The GMV Agreement was adopted effective July 1, 2013, and the predecessor agreement (the "Original Agreement") required different accounting for revenues and cost of sales, which affects the comparability of certain financial statement elements between the nine months ended September 30, 2014 to the same period in 2013. All things being equal, the accounting in the current period under the GMV Agreement would result in lower revenue, lower cost of sales and lower by-product revenue than prior-period accounting under the Original Agreement.
The following table presents the unaudited statements of comprehensive loss for the three and nine months ended
September 30, 2014:

For the thre e m onths e nde d For the nine m onths e nde d

Se pte m be r 30, September 30, Se pte m be r 30, September 30,

Canadian $, except for share and per-share amounts, 2014 2013 2014 2013

Re ve nue

Revenue $ 20,261,951 $ 12,302,948 $ 58,563,553 $ 54,063,039

Cos t of s ale s

Cost of sales 15,761,915 12,617,617 49,220,061 52,825,979

Depreciation 5,039,496 3,794,242 14,091,717 10,586,163

Impairment charges - 23,352,776 - 23,352,776

Total cos t of s ale s 20,801,411 39,764,635 63,311,778 86,764,918

Los s from m ine ope rations (539,460) (27,461,687) (4,748,225) (32,701,879) General and administrative 1,028,367 1,084,519 3,194,334 3,629,068

Exploration and evaluation 81,897 222,235 327,648 530,560

Impairment of mineral properties - 4,427,529 - 4,427,529

Loss on disposal of mobile equipment - - - 685,319

Loss on extinguishment of debt - 28,634 - 5,085,990



Other income (587,948) - (676,737) - Los s from ope rations (1,061,776) (33,224,604) (7,593,470) (47,060,345) Finance e xpe ns e (incom e ) 1,916,854 (219,733) 5,513,436 3,385,930



Loss bef ore taxes (2,978,630) (33,004,871) (13,106,906) (50,446,275) Income & mining taxes - - - - Ne t los s and com pre he ns ive los s $ (2,978,630) $ (33,004,871) $ (13,106,906) $ (50,446,275) Los s pe r s hare - bas ic and dilute d $ (0.01) $ (0.05) $ (0.02) $ (0.09)

Weighted average number of common shares outstanding - basic 664,174,825 607,669,686 661,750,789 578,090,529

Lockerby Mine Operating Results

Safety, Health & Environment

The Company's directors, management, employees and contractors continue to place the highest priority on safety, health, and the environment. The Lockerby Mine had no lost-time or medical-aid incidents during the three months ended September 30, 2014. There were three lost-time incidents during the nine months ended September 30, 2014, including the
May 6th accident, and seven medical-aid incidents.
On May 6, 2014, an accident occurred at the Lockerby Mine involving a fall of material and the deaths of two contract production drillers. The Company responded to the accident by following established protocols and emphasizing transparent communication within the bounds of those protocols, as well as counselling and supporting the families of the deceased, employees and the local community. The Ontario Ministry of Labour ("MOL") suspended Lockerby underground operations immediately following the accident and, after its initial investigation, on May 8, 2014 lifted the suspension for all areas except for the level on which the accident had occurred, which was an under-fill heading on the 65-2 level of the mine.
The Company actively cooperated with the MOL to determine a method to safely allow workers to reenter the 65-2 level. Although not ordered to do so by the MOL, the Company suspended its under-fill operations in all areas of the mine after the accident, until it could be satisfied that workers would not be put at risk. The Company consulted with outside engineers and
developed a plan to resume work on the 65-2 level and other under-fill headings in a way that would ensure the safety of all

2

workers. On July 17, 2014, the MOL released the accident scene to the Company and, on July 18, 2014, the MOL released the 65-2 level for mining.

Production

Monthly production is based on the quantity of ore hoisted to surface and the average associated grade of nickel and other contained metals, which is established by an agreed-upon third-party laboratory.
In the three and nine months ended September 30, 2014, the Lockerby Mine produced 3.3 million pounds and 9.2 million pounds of contained nickel and 2.0 million pounds and 5.3 million pounds of contained copper, respectively. Contained- nickel production in the third quarter of 2014 is above the third quarter of 2013 by 9% reflecting a 1 2% increase in average nickel head grades mined during the period, partly offset by a 2% decrease in ore tonnes produced.
Production of 3.3 million contained nickel pounds during the three months ended September 30, 2014 represents a 9%
increase in nickel production over the second quarter, reflecting higher average nickel grades (by 10%), partially offset by
1% fewer tonnes produced. Despite the upward production trend during the first three quarters of 2014 and the release of the 65-2 level for underground mining operations on July 18, 2014, production in the third quarter was lower than budgeted. Development under backfill is a key element of the Lockerby mine plan and stoping method, providing the production blast-hole drilling sill for stoping. After the May 6th accident, this stoping method was halted while an investigation was conducted, evaluating mining methods and assessing ground support standards. In the interim, an alternate stoping method was utilized, involving the drilling of upward-oriented blast holes from the bottom sills of stopes ("bottom-sill-drilled stopes"). Although successful, the average ore production rate from bottom-sill-drilled stopes was lower, reflecting more complicated logistics because drilling, blasting and mucking operations with bottom-sill-drilled stopes need to occur in the same place. Production drilling from bottom-sill-drilled stopes was required for three of the four stopes producing during the third quarter. Development under backfill was restarted on July 24, after a 78-day suspension of a key stope development activity. With the restart of development under fill, production for the fourth quarter of 2014 will be less dependent on stopes drilled from the bottom sill.
Nickel production in the final quarter of 2014 is expected to be higher than the average of the first three quarters of the y ear as the Company has resumed a stope extraction sequence that is expected to maintain steady production. However, as a result of lower production levels earlier in the year, production of nickel in 2014 is expected to be at the lower end of the guidance range for 2014 (see the "Outlook for 2014" section).
The Lockerby Mine produced 58,418 tonnes and 173,340 tonnes of ore in the three and nine months ended September 30,
2014, respectively, producing approximately 1.7 million pounds and 4.9 million pounds of GMV-net payable nickel, at average head grades of 2.60% Ni and 2.41% Ni, respectively. In the same periods, Lockerby produced approximately 1.0 million pounds and 2.8 million pounds of GMV-net payable copper at average head grades of 1.54% Cu and 1.39% Cu, respectively.

For the thre e m onths e nde d

For the nine m onths e nde d

Se pte m be r 30,

2014

September 30,

2013

Se pte m be r 30,

2014

September 30,

2013

Tonnes of ore produced

58,418

59,643

173,340

175,471

Production

Contained nickel (pounds)

3,347,719

3,059,052

9,199,485

9,046,810

Payable nickel (pounds) - Original Agreement (ended June 30,2013)

-

-

-

4,513,199

Net payable nickel (pounds) - GMV agreement (f rom July 1, 2013)

1,706,447

1,530,784

4,868,253

1,530,784

Nickel head grade

2.60%

2.33%

2.41%

2.36%

Contained copper (pounds)

1,982,766

1,691,837

5,296,316

5,405,993

Payable copper (pounds) - Original Agreement (ended June 30,2013) - - - 3,367,544

Net payable copper (pounds) - GMV agreement (f rom July 1, 2013)

1,012,221

802,636

2,778,446

802,636

Copper head grade

1.54%

1.29%

1.39%

1.41%

Tonnes of ore shipped 58,115 59,501 178,894 174,471

3

Revenue

Revenues are recorded based on the quantity of crushed ore that is delivered to Glencore and the average associated grade of nickel and other contained metals, which is established by an agreed-upon third-party laboratory.
The Company recorded total revenue of $20.3 million in the three months ended September 30, 2014, compared with total revenue of $12.3 million in the three months ended September 30, 2013. Revenues in the third quarter of 2014 showed a significant increase over the prior-year period partly reflecting higher average realized nickel prices in the third quarter of
2014 (by approximately 30%), combined with higher nickel production (by 12% on higher nickel grades) and copper production (by 19% on higher copper grades). In the current year, foreign-currency translation gains, related to lower average Canadian-US dollar exchange rates, contributed to higher values for revenues presented in Canadian dollars. Revenues of $58.6 million in the nine months ended September 30, 2014 are greater th an the $54.1 million reported in the first nine months of 2013, reflecting higher average realized nickel prices and average nickel grades in the nine-month period, partly offset by slightly lower tonnes processed and lower average copper grades. Comparisons of revenues for the nine months ended September 30, 2014 to the same period in 2013 are affected by accounting changes under the GMV Agreement which affected revenues recorded in the first half of 2013, resulting in lower current-year values for revenue recorded under the GMV Agreement compared to gross revenues recorded under the Original Agreement in the first six months of the prior-year period.
The amendment to the Glencore ore-processing agreement and adoption of a GMV Agreement in the second half of 2013 resulted in revenues that were recorded net of the deduction of processing costs and other GMV deductions (as described in the Company's MD&A for the year ended December 31, 2013). Revenues under the Original Agreement in the prior-year comparable period were recorded gross of processing costs. Revenues recorded under the Original Agreement in the first six months of the prior year were also affected by volume adjustments, following milling by Glencore. Estimated grade was determined by the Lockerby geology department and, in the event that the Glencore milling results returned a different grade than the Company's' estimated grade, a quantity adjustment was made to revenue in the statement of comprehensive loss in the period in which the new information became available.
The Company may from time to time enter into forward sales agreements to mitigate provisional pricing exposure to changing nickel and copper prices.

For the thre e m onths e nde d

For the nine m onths e nde d

Se pte m be r 30, September 30, Se pte m be r 30, September 30,

Canadian $, 2014 2013 2014 2013

Provisional nickel revenue - Original Agreement (ended June 30,2013) $ - $

- $ -

$ 32,954,156

Provisional net nickel revenue - GMV agreement (f rom July 1, 2013) 15,662,944 $

8,964,285

42,514,974 $

9,090,476

Nickel quantity adjustment - - - 808,006

Nickel f inal settlement 6,995 (1,350,245) 3,008,594 (1,042,920) Nickel price adjustment (442,504) 962,812 (356,230) (3,802,958) Provisional by-product revenue - Original Agreement (ended June - - - 12,034,074

Provisional net by-product revenue - GMV agreement (f rom July 1, 2013) 5,004,362 3,765,287 13,450,623 3,765,287

By-product price and quantity adjustment - current period 30,154 (39,191) (54,408) 358,633

By-product price and quantity adjustment - prior period - - - 12,722

Forw ard-sales-agreement losses - - - (114,437)

Total revenue

$ 20,261,951 $

12,302,948 $

58,563,553 $

54,063,039

Cash production costs2

Cash production costs is a non-Generally Accepted Accounting Principles ("GAAP") measure that is based on the cost of sales less by-product revenues. Cash production costs in the three and nine months ended September 30, 2014 were $10.7 million and $35.8 million respectively, which is above the comparative third quarter of 2013 by $1.8 million and below the
comparative nine-month period of the prior year by $0.8 million. The increase in the three months ended September 30,

2

Cash production costs and cash production cost per GMV-net pound of nickel produced are non-GAAP Financial performance measures, neither of which have standardized definitions

under IFRS. See pages 10 and 20 of the Company's Q3 2014 MD&A for further details.

4

2014 reflect a $3.1 million increase in cost of sales partly offset by a $1.2 million increase in by-product credits. Higher cost of sales in the third quarter of 2014 mainly reflect the impact of higher backfilling activities, equipment maintenance costs and the impact of mining at relatively deeper levels than in 2013, which requires longer hauls and higher ventilation costs. The economic impact of by-product credits in the third quarter of 2014 is based chiefly on the production of 2.0 million contained copper pounds, which is 17% higher than the 1.7 million contained copper pounds produced during the prior -year comparative period. The increase in copper by-product production is partially offset by a 3% drop in realized copper prices
compared to the third quarter of 2013 (average realized price3 of $3.25 per pound in 2013 versus $3.16 per pound in 2014).
By-product revenues in the nine months ended September 30, 2014 are below the prior-year period by 15%, which demonstrates the revenue impact in the first half of 2013 of accounting changes related to the GMV Agreement, whereby the reporting of by-product revenues in all nine months of 2014 is net of GMV deductions (as described in the "Revenue" section above).
On a unit basis, cash production costs per GMV-net pound of nickel were $6.29 (US$5.77) in the third quarter which, as forecasted, is in the upper end of the Company's revised full-year guidance range of $5.90 to $6.40 per GMV-net pound. Cash production costs of $7.36 (US$6.73) for the nine months ended September 30, 2014 is significantly above the guidance range, partly reflecting the volume impact of lower GMV-net nickel production, which results in a smaller denominator in the calculation of per-pound costs, together with the impact of higher cash production costs, as discussed above. Higher energy costs during the first quarter, combined with the May 6, 2014 accident and the resultant volume impact of resultant postponed production contribute to the expectation that cash production costs per GMV-net pound for the
full year will be in the upper end of the Company's revised guidance range (see "Outlook for 2014" section).

For the three m onths ended

For the nine m onths ended

Septem ber 30, September 30, Septem ber 30, September 30,

Canadian $, except production amounts 2014 2013 2014 2013

Cost of sales1

$ 15,761,915 $

12,617,617 $

49,220,061 $

52,825,979

Provisional by-product revenue2 (5,004,362) (3,765,287) (13,450,623) (15,799,361) By-product revenue - mark-to-market and f inal settlement adjustments (30,154) 39,191 54,408 (358,633) By-product revenue - quantity adjustments - original agreement - - - (12,722)

Forw ard sales agreements related to by-products - - - (24,723)

Total cash production costs3 (net of by-product credits)

$ 10,727,399 $

8,891,521 $

35,823,846 $

36,630,541

Payable nickel production (pounds) - Original Agreement (ended June 30,2013) - - - 4,513,199

Cash production cost per pound of nickel3,4 produced - original agreement

$ - $ - $

- $ 6.10

Net payable nickel production (pounds) - GMV agreement (f rom July 1, 2013) 1,706,447 1,530,784 4,868,253 1,530,784

Cash production cost per GMV-net pound of nickel3,4 produced - CDN Cash production cost per GMV-net pound of nickel3,4 produced - USD

1 Cost of sales does not include depreciation.

$ 6.29 $

$ 5.77 $

5.87 $

5.59 $

7.36 $

6.73 $

5.87

5.59

2 Revenue presented f or the three and nine months ended September 30, 2014 and the three months ended September 30, 2013 is based on the GMV Agreement. Revenue presented f or the nine months ended September 30, 2013 includes six months based on the Original Agreement and three months based on the GMV agreement.

3 Total cash production costs and cash production cost per pound of nickel produced are non-GAAP Financial perf ormance measures, none of w hich have standardized

def initions under IFRS. See pages 10 and 20 of the Company's Q3 2014 MD&A f or f urther details.

4 Cash production cost per pound is based on cash production cost f or the production period divided by associated net payable nickel production f or the same period.

The change in accounting treatment generated by the GMV Agreement resulted in a change to the Company's performance metrics, in order to ensure that the Company's performance is comparable to prior periods. Prior to the third quarter of 2013 , the Company's perfor3mance metrics included payable nickel and copper, total cash production costs, and cash production costs per pound of payable nickel produced. Under the GMV Agreement, the Company's performance metrics include
contained nickel and copper, net-GMV nickel and copper payable pounds, total cash production costs, and cash production costs per net-GMV pound of nickel produced. See the "Outlook for 2014" section for details about operational metrics, and the manner in which the economic performance of the Lockerby Mine under the GMV Agreement may be compared to prior periods. Given the change to the Glencore processing agreement in mid-2013, comparisons for the nine months ended September 30, 2013 cash production costs and cash production cost per pound do not yield meaningful analysis.

3

Average realized price is an additional GAAP measure, See page 20 of the Company's Q3 2014 MD&A for further details.

5

Exploration

The Company's exploration strategy is focused on base metals and guided by the objectives of increasing resources and reserves in conjunction with the development and/or acquisition of quality projects, resulting in multiple mining operations. Due to the volatility in nickel prices seen through 2013 and to date in 2014, the Company has not incurred any significant exploration expenditures on its exploration properties since December 31, 2012.

Lockerby mine plan

In response to the downturn in the prices of nickel and copper during 2013, in the third quarter the Company decided to modify the Lockerby Mine plan to stop the ramp at the 68-level of the Depth Zone (at a depth of approximately 2,073 metres or 6,800 feet) instead of continuing to the 70-level as envisaged in the Company's National Instrument 43-101 ("NI 43-101") compliant report filed on SEDAR in August 2012 (the "Stantec Study"). This change implied that ore from Lockerby would be depleted by the fourth quarter of 2015 and earlier than reflected by the Stantec Study, which represented an indicator of impairment, upon which the Company assessed the recoverability of its mining property, and recognized an impairment loss of $23.4 million in the statement of comprehensive loss for the third quarter of 2013.
The modification of the Lockerby Mine plan during the third quarter of 2013 does not preclude a subsequent optimization of Lockerby, which continues to be assessed by the Company (see the "Business Overview" section of the Company's Management Discussion and Analysis for the third quarter of 2014).

OUTLOOK FOR 2014

The Company's outlook for 2014 is detailed in the table below. Based on the impact of stope-sequencing considerations and postponed production resulting from impacts of the May 6, 2014 accident, the Company expects production of nickel and copper to be in the lower ends of the respective ranges for 2014, and mine site operating costs are expected to be at the upper end of the associated range for 2014. Guidance for total capital expenditures in 2014 is unchanged from the second quarter, at approximately $7.2 million.

Canadian $, except metal pounds 2014

Contained nickel lbs (millions) 13.5 - 15.1

Contained copper lbs (millions) 7.2 - 8.0

GMV net payable nickel lbs (millions) 6.8 - 7.6

GMV net payable copper lbs (millions) 3.6 - 4.0

Mine site operating costs (millions) $58.1 - $61.0

Cash production cost per GMV-net pound of nickel produced1 $5.90 - $6.40

Capital expenditures (millions) $7.2

1 For additional information, see "Non-GAAP and Additional GAAP Financial Measures" section on pg. 20 of the Company's Q3 2014

MD&A.

Assumptions: Cu per lb US$3.25, CAD/USD 1:1

General and administrative expenses and exploration expenditures

General and administrative expenses (excluding share-based compensation) and exploration expenditures are projected to be approximately $4.4 million and $0.4 million, respectively, in 2014.

Qualified Person

The foregoing scientific and technical information has been prepared under the supervision of, or reviewed and approved by Paul C. Davis, P.Geo., Vice-President Exploration of the Company. Mr. Davis is a "Qualified Person" within the meaning of NI 43-101.
The Company follows rigorous quality control practices and procedures in full compliance with NI 43-101, and these are described on the Company's website and in all technical press releases.

6

About FNI

FNI is a Canadian mining and exploration Company. The Company's mission is to be the most dynamic North American emerging base metal mining Company in which to work and invest and to be respected in the communities in which it operates. FNI owns and operates the Lockerby Mine in the Sudbury Basin in northern Ontario, which reached full production during 2013 and is expected to produce approximately 13 to 14 million pounds of contained nickel and approximately 7 to 8 million pounds of contained copper in 2014, providing a foundation from which to grow the Company. More than half of FNI's common shares are held by institutional investors. FNI's shares are traded on the TSX under the symbol FNI.
To learn more about the Company please visit http://www.fnimining.com/www.fnimining.com and follow us on LinkedIn and Twitter @FNI_Mining.

Cautionary Statement Regarding Forward-Looking Information

Certain statements contained in this news release may contain forward-looking information about FNI. Forward-looking information can often be identified by the use of forward-looking terminology such as "anticipate", "believe", "continue", "budget", "forecast", "estimate", "schedule", "expect", "goal", "intend", "target", "potential", "objective", "may", "plan" or "will" or the negative thereof or variations thereon or similar terminology. Forward-looking information may include, but is not limited to: the continued operation of the Lockerby Mine; expectations of obtaining financing in the near term; future financial or operating performance of the Company and its projects; the future price of metals; the long term supply and demand for nickel; continuation of exploration activities; mineral reserve and mineral resource estimates; the realization of mineral resource estimates; costs of production and key supplies; capital, operating and exploration expenditures; forecasts of sales and production; costs and timing of the development of new and existing deposits; costs and timing of future exploration; th e requirements for additional capital; government regulation of mining operations; environmental risks, reclamation expenses and/or title disputes or claims.
By its nature, forward-looking information is based on certain factors and assumptions which involve known and unknown risks, uncertainties and other factors which may cause the actual results, realization of mineral resources, performance or achievements of the Company, financial position or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Accordingly, actual events may differ materially from those implied by any forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information, which speak only as of the date the statements were made and readers are also advised to consider such forward-looking information while considering the risk factors set forth in the MD&A for the year ended December 31, 2013 under the heading "Risks and Uncertainties" and under the heading "Risk Factors" in the Company's Annual Information Form for the year ended December 31, 2013. The Company disclaims any intention or obligation to publicly update or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

FOR FURTHER INFORMATION PLEASE CONTACT:

Thomas Boehlert Paul Davis
First Nickel Inc. First Nickel Inc. President & CEO VP, Exploration
T: 416 362-7050 x 225 T: 416 362 7050 x 226
E: [email protected] E: [email protected]

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First Nickel Inc.

DEVELOPMENT STAGE
CODE : FNI.TO
ISIN : CA33582W1068
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First Nickel is a nickel exploration company based in Canada.

First Nickel develops nickel, cobalt, copper, gold, palladium, platinum and silver in Canada, and holds various exploration projects in Canada.

Its main assets in development are LOCKERBY MINE and PREMIERE RIDGE in Canada and its main exploration properties are RAGLAN HILLS, LANDORE/ WEST GRAHAM, MORGAN-LUMSDEN, BELMONT PROJECT, WEST GRAHAM, FOY MOUTH, KAMISKOTIA and DUNDONALD in Canada.

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7/3/2008(Lockerby Mine)Announces the Results of the NI 43-101 Reserve Estimate and ...
6/30/2008(Premiere Ridge)Announcement Re Premiere Ridge
3/25/2008(West Graham) Intersects 86.70 Metres of 0.55% Ni and 0.43% Cu on West Gr...
1/16/2008(Lockerby Mine) Reports 289% Increase in Indicated Resources at the Lockerb...
12/11/2007(Raglan Hills)Sign Joint Venture on Raglan Hills Project
11/1/2007(Lockerby Mine)Nickel Production Increasing Additional Promising Lockerby D...
7/23/2007(Lockerby Mine)Intersects 53.30 Metres of 1.82% Ni and 1.39% Cu at Lockerby...
Corporate news of First Nickel Inc.
8/27/2015TSX Delisting Review - First Nickel Inc. (Symbol: FNI)
8/20/2015First Nickel Announces Appointment of Receiver
8/20/2015TSX Delisting Review - First Nickel Inc. (Symbol: FNI)
8/20/2015First Nickel Announces Application for Appointment of Receiv...
8/20/2015IIROC Trading Halt - FNI
8/20/2015First Nickel Reports Financial and Operating Results for the...
8/14/2015First Nickel Reports Financial and Operating Results for the...
8/4/2015First Nickel Reports Incident at Lockerby Mine
8/3/2015First Nickel Reports Incident at Lockerby Mine
7/20/2015First Nickel Announces Change to Board of Directors
7/17/2015First Nickel Announces Change to Board of Directors
6/22/2015Results of the FNI Annual General Meeting of Shareholders
3/26/2015FNI Reports Financial and Operating Results for the Year End...
3/26/2015First Nickel Reports Financial and Operating Results for the...
3/12/2015FNI Completes Debt Refinancing
3/11/2015FNI Announces Approval by Shareholders of Debt Refinancing a...
3/2/2015Leading Independent Advisory Firms ISS and Glass Lewis Recom...
3/2/2015Leading Independent Advisory Firms ISS and Glass Lewis Recom...
2/9/2015IIROC Trade Resumption - FNI
2/9/2015First Nickel Announces Debt Refinancing
2/9/2015IIROC Trading Halt - FNI
1/27/2015First Nickel Provides Preliminary 2014 Production Results an...
1/12/2015First Nickel Restructures the Lockerby Mine, Reducing Costs ...
1/12/2015First Nickel Restructures the Lockerby Mine, Reducing Costs ...
11/11/2014FNI Reports FInancial and Operating Results for the Three an...
11/10/2014First Nickel Reports Financial and Operating Results for the...
8/11/2014First Nickel Reports Financial and Operating Results for the...
6/11/2014Results of the FNI Annual General Meeting of Shareholders
5/12/2014First Nickel Reports Financial and Operating Results for the...
5/8/2014First Nickel Reports the Lockerby Mine Will Resume Operation...
5/6/2014First Nickel Provides Update on Lockerby Accident
5/6/2014First Nickel Reports Two Fatalities at the Lockerby Mine
5/6/2014IIROC Trade Resumption - FNI
5/6/2014First Nickel Reports Incident at the Lockerby Mine
5/6/2014IIROC Trading Halt - FNI
3/21/2014FNI Reports Financial and Operating Results for the Year End...
3/21/2014First Nickel Reports Financial and Operating Results for the...
3/19/2014FNI Positioned to Benefit from Higher Nickel Prices
9/27/2013FNI Amends Lockerby Ore Processing Agreement
7/10/2013Reports 4 Year Contract Ratified with Mine Mill 598/CAW
6/12/2013Results of the FNI Annual General Meeting of Shareholders
4/18/2013(Lockerby Mine)FNI Achieves Full Production at Lockerby Mine
4/1/2013Announces Restructuring of Indebtedness
1/16/2013FNI Arranges US$5.0 Million Loan Facility
10/19/2012Reports Lockerby Nickel Production at 80% of Full Production...
4/24/2012Provides Comment on Ministry of Labour Order
3/23/2012Announces Increase to 2012 Exploration Program
1/25/2012Announces Continued Progress at Lockerby in Q4-2011 and Prov...
12/14/2011Announces Organizational Changes
12/5/2011Hires New Head of Corporate Development
7/20/2011Completes $5 Million Private Placement
7/5/2011Enters Into C$30 Million Project Loan Facility
5/18/2011Announces $2 Million Flow-Through Private Placement
4/25/2011Provides Update on Lockerby Restart
5/6/2008Establishes Shareholder Rights Plan
4/30/2008Market Update Announcement
2/12/2008Provides 2008 Guidance
9/6/20072007 Update
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TORONTO (FNI.TO)
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TORONTO
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Develops Cobalt - Copper - Gold - Nickel - Palladium - Platinum - Silver
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