Nickel 28 Announces Confirmation of Cash Distribution from Ramu Joint Venture

Toronto, Ontario--(Newsfile Corp. - May 13, 2026) - Nickel 28 Capital Corp. (TSXV: NKL) (FSE: 3JC0) ("Nickel 28" or the "Company") is pleased to announce the pending receipt of its tenth cash distribution from the Ramu joint venture. Nickel 28 has received confirmation of a cash distribution for H2 2025 operating performance of approximately US$2.1 million in respect of its 8.56% joint-venture interest in the Ramu Nickel-Cobalt project in Papua New Guinea, which is operated by Metallurgical Corporation of China.