Rummabin Rise update, Illawen Nickel

Illawen Nickel provides this update on its Rummabin Rise nickel project in Western Australia.

The raise was supported by existing and new investors. Proceeds of the $2 million placement will be applied to exploration across the company's Western Australia tenements. Funds will be applied over the next twelve months.

This announcement was approved for release by the board of Illawen Nickel.