FATHOM NICKEL ANNOUNCES $3 MILLION PRIVATE PLACEMENT INCLUDING STRATEGIC PARTICIPATION BY CRESCAT CAPITAL LLC

Fathom Nickel Inc., a Canadian nickel exploration company listed on the Canadian Securities Exchange, has successfully announced a $3 million private placement financing. The announcement, made from Calgary, Alberta on January 22, 2026, highlights strategic participation from Crescat Capital LLC, a notable investment firm known for its focus on resource sector opportunities.

The inclusion of Crescat Capital as a strategic participant adds significant credibility to the financing round. Crescat Capital has established itself as a sophisticated investor in the mining sector, particularly in companies developing critical minerals projects. Their participation suggests confidence in Fathom Nickel's exploration prospects and management team.

This financing comes at a time when nickel continues to be viewed as a critical mineral for the energy transition, particularly for electric vehicle battery production and stainless steel manufacturing. The $3 million raise provides Fathom Nickel with capital to advance its exploration programs and potentially expand its project portfolio.

For the broader nickel sector, this financing demonstrates continued investor appetite for nickel exploration companies, particularly those with strategic backing from experienced resource investors. The successful completion of this private placement positions Fathom Nickel to capitalize on growing demand for nickel in the clean energy economy.