Nickel Creek Platinum arranges $2-million financing

Mr. Stuart Harshaw reports NICKEL CREEK PLATINUM ANNOUNCES NON-BROKERED PRIVATE PLACEMENT Nickel Creek Platinum Corp. has arranged a non-brokered private placement of securities of the company of up to $2.0-million, consisting of the sale and issuance of up to: 465,000 common shares of the company at a price of $2.15 per common share; 434,782 common shares that will qualify as flow-through (FT) shares within the meaning of Subsection 66(15) of the Income Tax Act (Canada) at a price of $2.30 per FT share. The company's largest shareholder, Electrum Strategic Opportunities Fund LP, has indicated its intention to invest up to approximately $800,000 in the private placement. The net proceeds from the sale of the common shares will be used to finance the company's proposed 2026 drill program, continuing permitting activities and holding costs at the company's Nickel Shaw project, located in Yukon, and for general corporate expenses and working capital purposes. Gross proceeds from the sale of the FT shares will be used to finance the company's proposed 2026 drill program at the project, as Canadian exploration expenses, as defined in paragraph (f) of the definition of Canadian exploration expense in Subsection 66.1(6) of the tax act, and flow-through mining expenditures, as defined in Subsection 127(9) of the tax act, which will be renounced with an effective date of no later than Dec. 31, 2025, to initial purchasers of the FT shares. Closing of the private placement is expected to occur in November, 2025, and remains subject to the approval of the TSX Venture Exchange and other customary closing conditions for a transaction of this nature. The common shares and the FT shares will be offered to accredited investors in Canada pursuant to applicable prospectus exemptions in accordance with NI 45-106, and in such other jurisdictions in which the private placement may be lawfully made, and will have a statutory hold period of four months and one day from closing. In connection with the private placement, subject to acceptance by the TSX-V, the company will pay a finder's fee equal to 6 per cent of the gross amount invested in the private placement by investors introduced to the company by a finder, payable in common shares. Pursuant to Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions, the private placement will constitute a related party transaction as Electrum is a related party of the company, given it holds greater than 10 per cent of the outstanding common shares. The company is relying on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(1)(a) of MI 61-101 on the basis that participation in the private placement by Electrum will not exceed 25 per cent of the fair market value of the company's market capitalization, as calculated in accordance with MI 61-101. About Nickel Creek Platinum Corp. Nickel Creek Platinum is a Canadian mining exploration and development company and its asset is its 100-per-cent-owned Nickel Shaw project. The Nickel Shaw project is a large undeveloped nickel sulphide project in one of the most favourable jurisdictions in the world, with a unique mix of metals, including copper, cobalt and platinum group metals. The Nickel Shaw project has exceptional access to infrastructure, located three hours west of Whitehorse via the paved Alaska Highway, which offers year-round access to deep-sea shipping ports in southern Alaska. The company is led by a management team with a proven record of successful discovery, development, financing and operation of large-scale projects. Its vision is to create value for its shareholders by becoming a leading North American nickel, copper, cobalt and PGM (platinum group metal) producer. We seek Safe Harbor.