Pure Nickel Inc.
OTC Bulletin Board : PNCKF
TSX : NIC

Pure Nickel Inc.

September 19, 2007 15:44 ET

Pure Nickel Inc. Announces Granting of Stock Options

TORONTO, ONTARIO--(Marketwire - Sept. 19, 2007) - Pure Nickel Inc. (the "Corporation") (TSX:NIC)(OTCBB:PNCKF) announces the Board of Directors granted stock options to senior officers and/or directors totaling 600,000 shares based on an exercise price of the average of the last five days closing prices consistent with the company's Option Plan. Options have a three year term and half of the options granted vest immediately and half vest over a two year period.

About Pure Nickel Inc.:

Pure Nickel is a mineral exploration Company with multiple, advanced nickel sulphide and PGE projects in Canada and Alaska. The Company's 2007 exploration program is underway on multiple properties and is fully funded.

Total Shares Outstanding: 67.766 million

Fully Diluted: 92.410 million

52-Week Trading Range: C$0.58 - $1.65

The TSX Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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