CaNickel Appoints New Director and Officers

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 31, 2014) - CaNickel Mining Ltd. (TSX:CML) ("CaNickel" or the "Company") announces changes to its senior management and board of directors. To focus on his role as Chairman of the Board of Directors, Mr. Wenfeng Liu is relinquishing the Chief Executive Officer role. The Board of Directors is appointing Kevin Zhu, a director of CaNickel, to be the new Chief Executive Officer. Mr. Zhu, M. Eng., P.Eng., PMP., first joined CaNickel in 2010 and was the Interim Chief Executive Officer of CaNickel from December 2010 to August 2011.

The Company also announces that Ms. Sandy Wang is being appointed to CaNickel's Board of Director and Mr. James Dai is being appointed to the Chief Financial Officer and Corporate Secretary of CaNickel.

Ms. Wang is a securities and corporate lawyer with over 15 years of legal practice in both China and British Columbia, and has been involved in a number of M&As, corporate finance and Canadian listings in respect of Asia Pacific clients. Ms. Wang obtained her LL.B. from the University of Windsor and Dual Degree in Science and Law from Peking University, China. She is fluent in English and Mandarin. Mr. Dai is a current director of the Company and received his Charter Financial Analyst charter in 2011. Mr. Derek Liu has tendered his resignation as the Company's Chief Financial Officer and Corporate Secretary for personal reason, and the Board of Directors has accepted his resignation.

ABOUT CANICKEL

CaNickel Mining Ltd. 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.