Warrant Exercise Date Extended

11.12.07

Toronto, Canada, December 11th, 2007 – Fletcher Nickel Inc. (TSX:FL) has extended to November 12th, 2008 the time for exercise of 200,000 warrants to acquire treasury shares at $1.25 each.  The warrants were issued to an arm’s length institutional investor as part of a private placement of flow-through units completed in May 2006 when the company’s initial public offering was being planned.  Due to volatile market conditions, the IPO was delayed and completed only on November 29th, 2007.

For Further Information:

Bruce Hodgman
Communications Director
Direct: (905) 582-9744
Telephone: (416) 642-3575
Facsimile (416) 363-7875
info@fletchernickel.com