Nickel North Increases Financing to $5 Million

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 2, 2013) - Nickel North Exploration Corp. (TSX VENTURE:NNX) (the "Company" or "Nickel North") wishes to report that the flow through private placement financing announced on March 7th, 2013 has been increased from $4 Million to $5 Million, subject to regulatory approval. All other terms and conditions remain the same.

About Nickel North Exploration Corp.

Nickel North Exploration Corp. is a Canadian based exploration company whose shares trade on the TSX Venture Exchange under the symbol NNX. The board of directors, advisory committee and management team feature highly experienced mining professionals and technical experts with an extensive history of mineral discovery and mine development; corporate finance and capital markets; as well as corporate mergers, acquisitions and take-overs. Nickel North Exploration Corp. is a conscientious corporate citizen, maintains good relations with First Nations, and is committed to sustainable development. The Company's corporate mission is to become a pre-eminent supplier of nickel, copper and Platinum Group Elements for domestic and global export markets.

ON BEHALF OF NICKEL NORTH EXPLORATION CORP.

Phillip Mudry, President and Chief Executive Officer

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended or applicable state securities laws, and may not be offered or sold in the United States absent registration or an exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.