Class 1 Nickel Announces Issuance of Shares and Option Grant to Matachewan First Nation

TORONTO, Aug. 10, 2021 (GLOBE NEWSWIRE) — Class 1 Nickel and Technologies Limited (CSE: NICO/OTCQB: NICLF) (the “Company” or “Class 1 Nickel”) is pleased to announce that it has issued an aggregate of 50,000 common shares (“Shares”) and granted an aggregate of 50,000 stock options to the Matachewan First Nation (“Matachewan”), further to its previously announced memorandum of understanding with the Matachewan dated March 3, 2021 (the “MOU”). The stock options are each exercisable to acquire one