CaNickel Mining Ltd. announced changes to its senior management and board of directors. To focus on his role as Chairman of the Board of Directors, Mr. Wenfeng Liu is relinquishing the Chief Executive Officer role. The Board of Directors is appointing Kevin Zhu, a director of CaNickel, to be the new Chief Executive Officer.

Mr. Zhu, M. Eng., P.Eng., PMP., first joined CaNickel in 2010 and was the Interim Chief Executive Officer of CaNickel from December 2010 to August 2011. The company also announced that Ms. Sandy Wang is being appointed to CaNickel's Board of Director and Mr. James Dai is being appointed to the Chief Financial Officer and Corporate Secretary of CaNickel. Ms. Wang is a securities and corporate lawyer with over 15 years of legal practice in both China and British Columbia, and has been involved in a number of M&As, corporate finance and Canadian listings in respect of Asia Pacific clients.

Mr. Dai is a current director of the company and received his Charter Financial Analyst charter in 2011. Mr. Derek Liu has tendered his resignation as the company's Chief Financial Officer and Corporate Secretary for personal reason, and the Board of Directors has accepted his resignation.