SOURCE: Nordic Nickel Ltd.

March 09, 2007 09:30 ET

Crafty Admiral Enterprises Ltd. Changes Name and Symbol to Nordic Nickel Ltd. (NNKL.OB)

VANCOUVER, BC -- (MARKET WIRE) -- March 9, 2007 -- Crafty Admiral Enterprises Ltd. is pleased to announce that the Board of Directors has approved a ratification of the amendment of the company's articles of incorporation to change the company's name to Nordic Nickel Ltd. (OTCBB: NNKL). Effective today, the company's common shares will begin trading under the symbol NNKL.OB. The new CUSIP number is 65562T109.

Commenting on today's news, company CEO Mr. Jim MacKenzie stated, "Today's name change reflects the company's focus on developing nickel deposits in selected Nordic regions where the geology is often similar to that of the nickel-rich Canadian Shield. The Nordic regions of interest to us include Finland, Norway and Western Russia."

Mr. MacKenzie continued, "One country especially, Finland, has a long history of nickel discoveries and is rapidly becoming a major destination for exploration and development. In fact, there are several recent discoveries coming into production over the next few years and more may well be found. We intend to build an experienced management team, suitably funded, that can move quickly to capitalize on the promise of this historic nickel region."

Visit www.NordicNickel.com and register to receive email updates of corporate developments.

On Behalf of the Board:

Jim MacKenzie

Nordic Nickel Ltd.
Suite 601 - 1383 Marinaside Crescent
Vancouver, B.C. Canada
Phone: 604.960 0535
email: Info@NordicNickel.com
Disclaimer

This release contains forward-looking statements that are based on the beliefs of Nordic Nickel Ltd.'s management and reflect Nordic Nickel Ltd.'s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. When used in this release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward-looking statements. Such statements reflect the current views of Nordic Nickel Ltd. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward-looking statements to differ materially from the forward-looking statements.

Contact Information

  • Contact:
    Jim MacKenzie
    Nordic Nickel Ltd.
    Suite 601 - 1383 Marinaside Crescent
    Vancouver, B.C. Canada
    Phone: 604.960 0535
    email: Info@NordicNickel.com