Canada Nickel Company Inc. announced that it has closed a secured loan facility with Auramet International LLC ("Auramet") of $10 million previously announced on December 21, 2021. The proceeds will be used to ensure the Company remains well-funded as it continues to aggressively advance the Crawford Nickel Sulphide Project through the first quarter of 2022 when the Company expects to conclude its strategic investor process. The loan is due on April 5, 2022 and will carry an interest rate of 1% per month and has an arrangement fee of 2% of the loan amount.