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TORONTO -- Pure Nickel Inc. (TSX: NIC, OTCBB: PNCKF) is pleased to announce that its Board of Directors has appointed David McPherson as CEO and President of the Corporation. Mr. McPherson was a director of the Corporation since it became public in March 2007 and has been instrumental in its stewardship as interim CEO in the months since the passing of founder and former CEO, Jay Jaski. Mr. McPherson has over 25 years of financial institution experience; he has had responsibility for large regional retail and small business banking operations and served in an advisory capacity to a number of community based economic development groups. From 2001 to 2006 Mr. McPherson was Vice President with First Ontario Credit Union and led strategy development, product and marketing groups. About Pure Nickel Inc.: Pure Nickel is a mineral exploration company with a diverse collection of advanced nickel sulphide and PGE projects in Canada and Alaska. The Corporations 2008 exploration program is underway and is fully funded. The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. For further information: The Howard Group Jeff Walker Toll Free: 1-888-221-0915 Email info@howardgroupinc.com Website www.howardgroupinc.com Pure Nickel Inc. David McPherson President & CEO T. (416) 644-0066 F. (416) 644-0069 Email: info@purenickel.com Website: www.purenickel.com