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Class 1 Nickel announces Stock Option Grants

Jun 14, 2021

Class 1 Nickel and Technologies Ltd. has granted incentive stock options to directors, officers, employees and consultants of the company to purchase an aggregate of 11,165,502 common shares under the Company’s Stock Option Plan. Each option is exercisable at a price of $0.60 per common share, vests immediately and expires three years from the date of the grant.

Class 1 Nickel and Technologies Limited is a mineral resource company focused on the development of its 100% owned Alexo-Dundonald Project, a portfolio of komatiite hosted magmatic nickel-copper-cobalt sulphide resources located near Timmins, Ontario, as well as developing and exercising the option over the Somanike komatiite hosted nickel copper project in Quebec, which includes the famous Marbridge Mine.

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