In Excess of 5.4 Million Indicated Tonnes Grading 1.05 % NiEq and 1.8 Million Inferred Tonnes Grading 1.35 % NiEq

Power Nickel Releases Initial NI 43-101 Resource on Nisk Project

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Power Nickel Inc. Management

Peter Kent

Chairman


Peter Kent
Fomerly with the TecSyn Group of Companies where he was Vice President general Counsel and Corporate Secretary. Peter brings over 25 years of business experience regarding complex business and legal affairs. In addition to his time at Tecsyn Peter also was a corporate commercial lawyer at Bassel Sullivan a Toronto based boutique law firm.

Terry Lynch

CEO

Mr. Lynch graduated in 1981 from St. Francis Xavier University with a joint honours degree in Economics and BBA. Prior to becoming a director with International PBX Ventures in 2012, Mr. Lynch had been CEO of privately held Nevada-focused Relief Gold. He also had been a director and later CEO of TSX-listed Firstgold Corp. He assumed the CEO position after the company had run into financial difficulty bringing its Relief Canyon mine into production. He arranged a sale of 51% of the company for a total capital injection of $26.5 million from Northwest Non-Ferrous Metals, one of China’s largest mining engineering and consulting groups.

From 2005 to 2008 Mr. Lynch was a partner with Kingsmill Capital Partners, a financial advisory firm specializing in advising public and private early stage growth companies. Prior to joining Kingsmill Capital he spent 15 years operating startup companies in industrial products, oil and gas and media. Mr Lynch is also currently a director and Co Founder of Cardiol Therapeutics, TSX listed Biotechnology Company it is a leader in producing pharmaceutical CBD and developing groundbreaking therapies for heart disease.

Mick Sharry

Director & President

Mr Sharry is an explorationist with strong technical, management, commercial, interpersonal, stakeholder relations and safety management skills. Recent roles include effectively managing in excess of 130 staff from nine nations. Proposed and managed annual budgets up to US$16M. Involved in the discovery through to accelerated resource definition of three projects : Bayan Airag Cu-Au-Ag VMS and Baruun Naran metallurgical and thermal coal – Mongolia ; Okvau Intrusive Related Au – Cambodia during a seven year period.

Twenty years experience in Australia, South East and Central Asia, South America and the Caribbean. Also involved in detailed project reviews in Europe, Africa and North America. Mr. Sharry’s three most recent posts were Manager – Project Exploration, Development & Evaluation OZ Minerals Limited, Director / Exploration Manager – Cambodia Oxiana (Cambodia) Limited / OZ Minerals Cambodia Limited and Vice-President Project Exploration – Metals Division QGX Ltd Mongolia.

Greg McKenzie LL.B MBA

Director

Greg is a senior investment banker with 20 years of experience in financing, M&A, financial advisory, valuation, and strategic advice primarily to mid-cap companies. His transactions are valued in excess of $18 billion. Mr. McKenzie has worked in New York and Toronto and has held positions with Morgan Stanley, CIBC World Markets, Haywood Securities and Salman Partners. While at these firms, Greg advised managements and boards of companies in various sectors including: metals & mining, industrials, consumer products, technology and healthcare. Mr. McKenzie was also called to the bar in New York and Ontario and practiced law with a leading Canadian securities and M&A law firm.

Ximena Perez

MD Chile

Ms Perex has 13 years of experience in Chile as an exploration and production geologist. The first 5 years as a production geologist in underground mining in Cu. Then, she developed a career as an Exploration Geologist with extensive experience in drilling program supervision, data management and geological modeling. She participated in the exploration for the expansion of Skarn Las Cenizas (Cu-Ag), Talcuna (stratabound and veins Cu-Au) deposits; Punitaqui (stratabound and veins Cu-Ag-Au) and Dayton (epithermal of Au), in these last two as Chief Exploration Geologist.

Experience in exploration consultancies for medium-sized mining, as well as independent work in resource inventories. The last 2 years, as Exploration Geologist for Chilean Metals Inc., Canadian company Junior Exploration; and from 2018 to date as Managing Director Chile in the company.

Les Mallard

Director

Mr. Mallard is a graduate from The University of Prince Edward Island with a BA in Economics. He has spent 30+ years in the Canadian Produce Industry employed in various capacities with Chiquita Canada and Chiquita Brands North America. Retiring from Chiquita in 2017, he has started Mallard Produce Solutions, a produce consulting company focused on providing North American and Latin American clients business solutions to expand their market potential. Les is on the Board of Directors for the Canadian Produce Marketing Association.

The Canadian Produce Marketing Association is a not-for-profit organization that represents companies that are active in the marketing of fresh fruits and fresh vegetables in Canada from farm gate to dinner plate.

Les is also on the Board of Directors for Hydroponic Life. Hydroponic Life is a privately held company that has developed ground-breaking produce growing technologies that could revolutionize the vertical farming industry.

Last changed at 08-Jan-2021 12:56PM