News Column

Results of the FNI Annual General Meeting of Shareholders

June 16, 2014



ENP Newswire - 16 June 2014

Release date- 13062014 - TORONTO - First Nickel Inc. (TSX:FNI) is pleased to announce that all matters presented for approval at FNI's annual meeting of shareholders held on June 11, 2014, have been duly authorized and approved, as follows.

The election of all management nominees to the Board of Directors of the Company and

The appointment of KPMG LLP, Chartered Accountants ('KPMG') as auditors of the Company for the ensuing year and authorization of the directors to fix KPMG's remuneration.

About FNI

FNI is a Canadian mining and exploration Company. The Company's mission is to be the most dynamic North American emerging base metal mining Company in which to work and invest and to be respected in the communities in which it operates.

FNI owns and operates the Lockerby Mine in the Sudbury Basin in northern Ontario, which reached full production during 2013 and is the expected to produce approximately 14 million pounds of contained nickel and approximately 7 million pounds of contained copper in 2014, providing a foundation from which to grow the Company. More than half of FNI's common shares are held by institutional investors. FNI's shares are traded on the TSX under the symbol FNI.

Forward-Looking Statements

Certain statements contained in this news release may contain forward-looking information about FNI. Forward-looking information can often be identified by the use of forward-looking terminology such as 'anticipate', 'believe', 'continue', 'estimate', 'expect', 'goal', 'intend', 'is confident', 'target', 'potential', 'objective', 'may', 'plan' or 'will' or the negative thereof or variations thereon or similar terminology.

Forward-looking information may include, but is not limited to: the continued operation of the Lockerby Mine; expectations of obtaining financing in the near term, including completion of the Refinancing on terms satisfactory to the Company, if at all; expectations regarding future compliance with TSX continued listing requirements, future financial or operating performance of the Company and its projects; the future price of metals; the long term supply and demand for nickel; continuation of exploration activities; mineral reserve and mineral resource estimates; the realization of mineral resource estimates; costs of production and key supplies; capital, operating and exploration expenditures; forecasts of sales and production; costs and timing of the development of new and existing deposits; costs and timing of future exploration; the requirements for additional capital; government regulation of mining operations; environmental risks, reclamation expenses and/or title disputes or claims.

By its nature, forward-looking information is based on certain factors and assumptions which involve known and unknown risks, uncertainties and other factors which may cause the actual results, realization of mineral resources, performance or achievements of the Company, financial position or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Accordingly, actual events may differ materially from those implied by any forward-looking information.

Readers are cautioned not to place undue reliance on forward-looking information, which speak only as of the date the statements were made and readers are also advised to consider such forward-looking information while considering the risk factors set forth in the Company's most recent Annual Information Form under the heading 'Risk Factors' which has been filed electronically by means of the System for Electronic Document Analysis and Retrieval ('SEDAR') located at www.sedar.com. Such forward-looking statements are made as at the date of this news release.

The Company disclaims any intention or obligation to publicly update or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

CONTACT:

Paul Davis

First Nickel Inc.

Tel: 416 362 7050

Email: pdavis@firstnickel.com


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Source: ENP Newswire


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