CENTRAL AMERICA NICKEL ANNOUNCES FILING OF RARE EARTH EXTRACTION PATENT USING PROPRIETARY ULTRASOUND TECHNOLOGY

    The Company and its joint venture partner Auxico Resources Canada Inc., are developing a diversified supply source of critical minerals, including rare earths, from properties in the DRC,Colombia,BoliviaandBrazil. Both firms have the objective of refining these critical minerals into end user forms for the EV battery and power-train components manufacturing supply industry; the companies have jointly conducted scoping studies for the critical minerals processing and refining...

 

The Company and its joint venture partner Auxico Resources Canada Inc., are developing a diversified supply source of critical minerals, including rare earths, from properties in the DRC, Colombia, Bolivia and Brazil. Both firms have the objective of refining these critical minerals into end user forms for the EV battery and power-train components manufacturing supply industry; the companies have jointly conducted scoping studies for the critical minerals processing and refining facilities, leveraging the UAEx, alongside technology partners including Impact Global Solutions Inc. (IGS), Coalia research center from Thetford Mines, Polytechnique Montréal (Université de Montreal) and McGill University. Richard Boudreault and Daria Boffito, members of the Technology Advisory Board of Auxico Resources Canada Inc., are listed as inventors of the patent-pending process for the refining of rare earths alongside the CAN team.

Central America Nickel Inc. ("CAN") is a privately-held corporation based in Montreal, focused on the processing and purification of critical minerals and energy metals using patented and patent-pending technologies, in partnership with strategic partners. CAN has access, directly or through joint ventures, to critical mineral projects including nickel, cobalt, scandium, vanadium, lithium and rare earth elements located in several countries, including Guatemala and the Democratic Republic of the Congo.

Website: www.centramericanickel.com

Information set forth in this news release involves forward-looking statements under applicable securities laws. The forward-looking statements contained herein include, but are not limited to, financings and transactions being pursued, and all such forward-looking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although the Company believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct and, accordingly, undue reliance should not be put on such forward-looking statements. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein.

Pierre Gauthier, Chairman & CEO, Central America Nickel Inc., Tel: +1 514-299-0881, Email: [email protected], Website: www.centralamericanickel.com

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