the Seqi Port

.

.ccnm






VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 19, 2015) -
North American Nickel Inc. (TSX VENTURE:NAN)(OTCBB:WSCRF) (CUSIP: 65704T 108) (the "Company") is pleased to announce that it has signed an exclusivity agreement with Minelco AB, a subsidiary of Swedish iron producer LKAB Minerals, for the Seqi Port on the southwest coast of Greenland.



Exclusivity Agreement and the Seqi Port Facility



North American Nickel has entered into an Exclusivity Agreement with Minelco AS that provides the Company the opportunity to acquire 100% ownership of Minelco's deep water Seqi Port in south western Greenland.


North American Nickel is engaged in the continued exploration for economic nickel sulphide deposits at its Maniitsoq project in southwestern Greenland. The Seqi port is favourably located in the Niaquungunaq (Greenlandic) or Fiskefjord (Danish) fjord, proximal to North American Nickels southern property boundary (Figure 1). It was built by LKAB Minerals, a subsidiary of Minelco specifically for the transportation of olivine from their Seqinnersuusaaq or "Seqi" mine. In this regard the port was amenable to dock and load Panamax vessels to 60,000 tons. The port is accessible year round due to limited sea ice cover.


This agreement grants North American Nickel the sole right until the end of February, 2015 to undertake due diligence of the Port and to conclude the final assignment terms with Minelco. The successful completion of this transaction would provide the Company with the flexibility of a secure operational hub. In addition to the technical due diligence, North American Nickel is continuing to evaluate the potential direct cost benefits as well as the reduction in project time, cash flow management and risk surrounding the deep water all year access facilitated by the Seqi Port for any future economic development of nickel sulphide deposits at their Maniitsoq project.


To view Figure 1, visit the following link:


ON BEHALF OF THE BOARD OF DIRECTORS


Mark Fedikow, President


North American Nickel Inc.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.





FOR FURTHER INFORMATION PLEASE CONTACT:







Contact Information:
North American Nickel Inc.
Jaclyn Ruptash
Corporate Communications
604-986-2020 or Toll Free: 1-866-816-0118