NNMIF Nearctic Nickel Mines Inc.

Leave to Appeal to the Supreme Court of Canada Denied

Montreal, Quebec--(Newsfile Corp. - November 21, 2018) - Glen Erikson, President of Nearctic Nickel Mines Inc. (OTC Pink: NNMIF) (the "Company"), announces that the application for leave to appeal to the Supreme Court of Canada referred to in the Press Release dated September 7, 2017, has been denied. As a consequence, the legal action announced in the March 30, 2018 Press Release, is to be discontinued.

For further information, contact:

Glen Erikson
President
Nearctic Nickel Mines Inc.
Telephone No: (905) 274-7188

This news release contains forward-looking statements within the meaning of "safe harbour" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors which may cause the Company's results to differ materially from expectations. These include risks relating to market fluctuations, investee performance and other risks. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements.

EN
21/11/2018

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NNMIFNearctic Nickel Mines Inc.

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