Nickel North Exploration Corp. announced that the Company has entered into an amendment agreement with SinoTech (Hong Kong) Corporation Limited to further extend the repayment term of the loan to the Company to December 31, 2020, while also increasing the principal amount of the loan to $1,092.269. The Principal Amount comprises the current principal amount of the loan advanced to the Company to date and accrued interest thereon. The Principal Amount will bear interest at a fixed rate of 10% per annum. All other terms and conditions of initial loan agreement between the Company and the Lender dated November 2, 2016, as amended, remain in force and are unamend except to the extent amended by the Amendment.

The Company announced that, effective immediately, Dr. Sicai (Mark) Zhu, an experienced, practical and skilled exploration geologist will serve as a director and the Vice President for exploration to the Company. Dr. Zhijun He, a director of the Company resigned and Mr. Zhu's appointment filled the vacancy resulting from his resignation.