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Press release from Marketwire

CaNickel Annual General Meeting Update

Monday, June 11, 2012

CaNickel Annual General Meeting Update18:40 EDT Monday, June 11, 2012VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 11, 2012) - CaNickel Mining Ltd. ("CaNickel" or the "Company") (TSX:CML) held its Annual and Special General Meeting (the "Annual Meeting") today in which all matters placed before the shareholders were approved. The voting report of the Annual Meeting is available for review on SEDAR. The Company also reports that Mr. Rick Sproule has resigned from the Vice President, Geology of the Company. The Company thanks his time and contribution during his tenure and wishes him the best in his future endeavours. ABOUT CANICKELCaNickel Mining Limited is a Canadian junior mining company that owns and operates the Bucko Lake Nickel Mine near Wabowden, Manitoba. The Company also holds nickel, copper and Platinum Group Mineral (PGM) projects in the Thompson Nickel Belt and Sudbury Basin.Further information is available on the Company's website at www.canickel.com.FOR FURTHER INFORMATION PLEASE CONTACT: Dr. Dianmin ChenCaNickel Mining LimitedDirector and CEO204-689-2972 ext.1031dchen@canickel.comORDerek LiuCaNickel Mining LimitedCFO and Corporate Secretary778-372-1810dliu@canickel.comOR778-372-1806CaNickel Mining Limited604-254-8863 (FAX)www.canickel.com