SOURCE: Nordic Nickel Ltd.

April 17, 2007 09:30 ET

Nordic Nickel Ltd. Completes US$502,950 Private Placement

VANCOUVER, BC -- (MARKET WIRE) -- April 17, 2007 -- Nordic Nickel Ltd. (OTCBB: NNKL) is pleased to announce the company has completed a non-registered US$502,950 private equity financing by issuing 1,437,000 of its common shares at a price of US$.35 per share.

Nordic Chairman and CEO Jim MacKenzie stated, "Proceeds from this financing will be primarily used to complete the initial due diligence on several potential mining property acquisitions the company is currently contemplating."

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On Behalf of the Board:

Jim MacKenzie

Nordic Nickel Ltd.
Suite 300 - 1055 West Hastings Street
Vancouver, B.C. Canada
Phone: 604 609 6180
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

  • Jim MacKenzie

    Nordic Nickel Ltd.
    Suite 300 - 1055 West Hastings Street
    Vancouver, B.C. Canada
    Phone: 604-609-6180
    email: Info@NordicNickel.com