Nordic Nickel Limited advises that six new Exploration Licences (ELs) at its flagship 100% owned Pulju Project in Northern Finland (Pulju, or the Project) have now been fully granted, without objection. Pulju is located in the Central Lapland Greenstone Belt (CLGB) of Finland, 50km north of Kittilä with access to world-class infrastructure, grid power, national highway, an international airport and, most importantly, Europe's only two nickel smelters. The granting of these six ELs is not only an step forward for the Company's exploration plans but also reinforces the level of support in the region to advance critical minerals projects necessary for the energy transition.

The granted ELs cover a total area of 78.18km2 and encompass areas of known nickel mineralisation based on the previously announced historical drilling database, ground mapping and initial geophysics - all of which have reinforced the enormous prospectivity and district-scale potential of the area. While the Company's maiden drilling campaign, starting in January 2023, will be focused initially on the Hotinvaara Prospect, primarily targeting deeper, high-grade massive sulphide nickel mineralisation, the granted ELs cover the areas of exploration potential along strike from Hotinvaara. The Company has now secured approximately 25km of strike length of prospective stratigraphy known to host shallow nickel sulphide mineralisation.