VANCOUVER, British Columbia, Aug. 03, 2021 (GLOBE NEWSWIRE) -- CaNickel Mining Ltd. (TSX.V: CML) (“CaNickel” or the "Company") hereby announces the appointments of Mr. Lorne Waldman and Dr. Weiliang Wang as independent Directors of the Company. Dr. Tony Guo resigned as independent Director of the Company.

Lorne  Waldman,  MBA,  LL.B.,  was  a corporate  lawyer  and  senior  executive  for  over  20  years,  for  NYSE  and  TSX  listed reporting issuers in both the mining and electronics industry. He is a current member of the Law Society of British Columbia and was previously  Senior VP of Silvercorp  Metals Inc., a TSX and NYSE American  listed company.  Prior to that, he held senior management positions, including Corporate Secretary and In-house Legal Counsel with a NYSE listed electronics manufacturer.  He has extensive experience in a wide range of corporate and securities matters, investor relations, corporate communications  and first nations collaboration.  He also recently served a director and audit committee member for Nam Tai Property Inc., a NYSE listed company developing real estate in Shenzhen, China and is a director and the Chairman of the Audit Committee of Whitehorse Gold Corp., a TSX Venture Exchange listed company.

Dr. Weiliang Wang is a professional  geologist with over 20 years' experience in mining project management,  geological due diligence,  evaluation  and  valuation,  and  the  provision  of  Competent  Person  Reports  for  global  institutions  and  security exchanges. Dr. Wang holds a PhD from The University of Hong Kong, a Master's degree from Peking University and a B.Sc. degree from China University of Geosciences.

Mr. Wenfeng Liu, the Chairman of CaNickel Mining commented,  “Firstly I want to thank Dr. Tony Guo for his service to the Company and we wish him the best in his future endeavors. We are delighted to welcome Mr. Waldman and Dr. Wang to our Board   given  their  significant   practical   experience   in  the  mining   industry   in  corporate   communications,   first  nations engagement, geology exploration and project management”.

ABOUT CANICKEL

CaNickel Mining Limited is a Canadian junior mining company that owns the Bucko Lake Nickel Mine, currently on care and maintenance, near Wabowden, Manitoba. The Company also holds nickel, copper and Platinum Group Mineral (PGM) projects in the Thompson Nickel Belt.

Further information is available on the Company's website at www.canickel.com  or contact: Kevin Zhu

CEO and Director

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

CaNickel Mining Limited

Box 35 1655-999 West Hastings Street

Vancouver, British Columbia Canada V6C 2W2

Tel: 778-875-0208

AdvisoryRespectingForward-Looking  Information

This  press  release  contains  forward-looking  statements  under  Canadian  securities  legislation.  Generally,  forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking  statements are subject to known and unknown risks, uncertainties and other factors  that may cause the actual results,  level of activity,  performance  or achievements  of the Company  to be materially  different  from those expressed  or implied  by such forward-looking  statements,  including  but not limited to those risks of the Company described in its annual information form that is available under its profile on SEDAR at www.sedar.com. Although  management  of the Company  has attempted  to identify important  factors that could cause actual results to differ materially  from those contained  in forward-looking  statements,  there may be other factors  that cause results not to be as anticipated,  estimated  or intended.  There  can be no assurance  that such statements  will prove  to be accurate,  as actual results and future events could differ materially  from those anticipated  in such statements.  Accordingly,  readers should not place  undue  reliance  on  forward-looking   statements.  The  Company  does  not  undertake  to  update  any  forward-looking statements, except in accordance with applicable securities laws.