Vancouver, British Columbia, December 19 2023 – Québec Nickel Corp. (CSE: QNI; FSE: 7lB; OTCQB:
QNICF) (“QNI” or the “Company”) is pleased to report the voting results from the Annual General
Meeting of Shareholders (the “Meeting”) held on December 19, 2023.

At the Meeting, 19.21% of the issued and outstanding shares were represented in person or by proxy.
Details of all resolutions that were voted upon are set out in the Management Information Circular
(the “Circular”) dated November 17, 2023. The Circular is available on SEDAR+ (www.sedarplus.com).

All resolutions submitted for shareholder approval were approved, including:

• Receipt of the audited financial statements for the year ended March 31, 2023
• Setting the number of Directors at 3
• Electing 3 directors of the Company: David Patterson, Hani Zabaneh and Edward Low
• The appointment of Baker Tilly WM LLP as the auditor of the Company

Richard Dufresne and Christine Petch did not stand for re-election at the Meeting.  David Patterson, CEO of the Company commented: “On behalf of everyone at QNI, we would like to thank Mr. Dufresne and Ms. Petch for their contributions during their terms as directors and wish them both the best in their future endeavors”.

ABOUT QUÉBEC NICKEL CORP.

Québec Nickel Corp. is a mineral exploration company focused on acquiring, exploring, and developing critical metals (Ni-Cu-Co-PGE) projects in Québec, Canada. The Company has a 100% interest in the Ducros Property, consisting of 282 contiguous mining claims covering 15,293 hectares within the eastern portion of the Abitibi Greenstone Belt in Québec, Canada. Additional information about Québec Nickel Corp. is available at www.quebecnickel.com.

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

On behalf of the Board of Directors

David Patterson

Chief Executive Officer and Director

1 (855) 764-2535 (QNICKEL)
info@quebecnickel.com

CAUTIONARY AND FORWARD-LOOKING STATEMENTS

This news release includes certain statements that may be deemed “forward-looking statements”. All statements in this news release, other than statements of historical facts that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements. Factors that could cause the results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market, or business conditions. Investors are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates, opinions, or other factors should change.