VANCOUVER, British Columbia, October 5, 2022 – Flying Nickel Mining Corp. (TSX-V: FLYN; OTCQB: FLYNF) (“Flying Nickel”) and Nevada Vanadium Mining Corp. (formerly 1324825 B.C. Ltd.) (“Nevada Vanadium”) announce that further to their joint press release dated August 23, 2022, Flying Nickel and Nevada Vanadium continue to work diligently with their respective advisors towards execution of a definitive transaction agreement in respect of the proposed acquisition of all of the issued and outstanding common shares of Nevada Vanadium by Flying Nickel by way of a court-approved plan of arrangement (the “Transaction”). Flying Nickel and Nevada Vanadium currently expect that a definitive transaction agreement will be executed by the parties within the next two weeks.
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