Company") (TSXV: NKL), a base metals streaming and royalty company, provides the following update to shareholders from its Chairman, Mr. Anthony Milewski. As we close out 2020 and our first full year of trading at Conic, I want to take a moment to provide an update to our shareholders and partners. With few nickel producers listed on the Toronto Stock Exchange, Conic is a unique vehicle providing shareholders leverage to the price of nickel and cobalt through our interest in the producing Ramu nickel mine as well as royalties on quality Canadian-based nickel sulphide deposits – Dumont and Turnagain. Ramu is one of the top performing nickel mines in the world and is on pace to exceed the mine's nameplate capacity of 32,600 tonnes of nickel per annum for the fourth year in a row. Cash costs at Ramu net of by-products is approximately $2.00/lb. of nickel, making it highly profitable at today's nickel prices and giving shareholders leverage to nickel price moves. At current nickel prices, Conic is on track to repay its Ramu operating debt in 2021. Once the operating debt is repaid it will entitle Conic to 35% of its attributable cash flow, a milestone event for the Company and giving management the opportunity to explore a share buyback and/or dividend. MCC, our joint venture partner at Ramu for over 13 years, continues to prove itself as one of the top operators of nickel projects in the world and a great partner.