COMMITMENT LETTERPrivate and Confidential • June 26th, 2023 • Premium Nickel Resources Ltd. • Metal mining • Ontario
Contract Type FiledJune 26th, 2023 Company Industry JurisdictionThe undersigned lender is pleased to offer the loan (the "Loan") described in this commitment letter (the "Commitment Letter") subject to the terms and conditions set forth below. Unless otherwise indicated, all amounts are expressed in Canadian currency.