Issued & outstanding
29,211,290 Common Shares
TORONTO, Jan. 17 /CNW/ - Nearctic Nickel Mines Inc. the "Company", advises that a written Argument has been filed in the Quebec Court of
Appeal seeking the annulment of the Sheppard Award issued 1st April, 2009. The appeal will be heard on 18th March, 2011. The Argument will be annexed to a material change report
following upon this Release.
In another development, on 30th December, 2010, Canadian Royalties Inc. claimed arbitration regarding
non-contribution to the aborted minebuilding of 2008.
SOURCE Nearctic Nickel Mines Inc.