0001062993-23-013999 Sample Contracts

COMMITMENT LETTER
Private and Confidential • June 26th, 2023 • Premium Nickel Resources Ltd. • Metal mining • Ontario

The 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.

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