Class 1 Nickel and Technologies Ltd. Announces Private Placement and Share for Debt Offering

TORONTO, ON / ACCESS Newswire / May 8, 2026 / Class 1 Nickel and Technologies Ltd. (CSE:NICO)(OTCQB:NICLF) ("Class 1 Nickel" or the "Company") is pleased to announce that it proposes to complete a non-brokered private placement (the "Private Placement") pursuant to which it will issue up to 2,419,354 units of the Company (the "Units") at a price of Cdn$0.124 per Unit to raise aggregate gross proceeds of up to Cdn$300,000.