Canada Nickel Announces Closing of US$32 Million Bridge Loan Facility with Auramet International, Inc.

Press Release

TORONTO, February 10, 2026 – Canada Nickel Company Inc. (“Canada Nickel” or the “Company”)

(TSXV: CNC) (OTCQX: CNIKF) announced it has closed a US$32 million bridge loan facility with Auramet International, Inc. (“Auramet”). Proceeds from the facility will be used to provide additional funding to advance the Company’s flagship Crawford Nickel Sulphide Project and to repay the existing loan with BT Strategic Minerals Assets LP, whose anchor investor is Baronet Capital.

Loan Facility

The bridge loan facility is due May 9, 2026, carries an interest rate of 1.00% per month, and is subject to a 2.5% arrangement fee. At closing, Auramet received 1,750,000 1-year warrants at an exercise price of $2.03. The loan is subject to such terms and conditions, including certain specified positive and negative covenants, that are customary for a transaction of this nature. The warrants and the underlying shares will be subject to a four-month hold period under applicable Canadian securities laws.

About Auramet

Auramet is a private company established in 2004 by seasoned professionals who have assembled a global team of industry specialists with over 350 years combined industry experience. It is one of the largest physical precious metals merchants in the world and has provided over $1.3 billion in term financing facilities to date. Auramet offers a full range of services including physical metals trading, metals merchant banking (including direct lending), and project finance advisory services to all participants in the precious metals supply chain.

About Canada Nickel Company

Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless-steel markets. Canada Nickel Company has 1 applied in multiple jurisdictions to trademark the terms NetZero NickelTM, NetZero CobaltTM, NetZero IronTM and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. For more information, please visit www.canadanickel.com.

For further information, please contact:

Mark Selby CEO
Phone: 647-256-1954
Email: info@canadanickel.com

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