Nearctic Nickel Mines Inc. - Press Release

Issued & Outstanding
29,211,290 Common Shares

TORONTO, June 5, 2012 /CNW/ - Nearctic Nickel Mines Inc. (the "Company") reports that a Response to its Application for leave to appeal has been filed with the Supreme Court of Canada, as has a Reply thereof.  The Application was the subject of the Company's May 1, 2012 Press Release.  The Response and Reply will be attached to the Material Change Report to be filed in connection with this Press Release.

Caution Concerning Forward Looking Statements

The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements.  These statements are based upon assumptions that are subject to significant risks and uncertainties.  Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements.  Although the Company believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that that expectations of any forward looking statements will prove to be correct. Except as may be required by applicable securities law, the Company disclaims any intention and assumes no obligations to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

For further information:

David L. Hynes - Director
Tel: [phone]