David Patterson Files Early Warning Report Pursuant to National Instrument 62-103

David Patterson, a prominent investor and entrepreneur, has filed an Early Warning Report with the Canadian Securities Administrators (CSA) pursuant to National Instrument 62-103, The Early Warning System and Related Take Over Bids and Insider Reporting Issues. The report details Patterson's acquisition of 31,500 common shares of Quebec Nickel Corp (CSE:QNI) in the public market at $0.10 per share on February 13, 2025. Prior to this purchase, Patterson owned 1,339,300 shares, representing approximately 9.9% of the outstanding shares. Following the transaction, his ownership increased to 1,370,800 shares, equivalent to 10.13% of the company's 13,534,420 outstanding common shares.

Patterson's investment in Quebec Nickel Corp, a nickel exploration company, aligns with his long-term investment philosophy and portfolio diversification strategy. As a seasoned investor, Patterson has a proven track record of identifying undervalued opportunities and capitalizing on them. His investment in QNI suggests that he believes the company is undervalued at its current share price and has the potential for significant growth if its exploration efforts are successful.



Patterson's investment in QNI also highlights his commitment to the mining sector, which has seen increased interest from tech industry veterans in recent years. His involvement could signal a growing trend of tech entrepreneurs and investors exploring opportunities in the mining sector, potentially leading to increased innovation, investment, and collaboration.



In conclusion, Patterson's investment in Quebec Nickel Corp demonstrates his commitment to long-term investing, portfolio diversification, and the mining sector. His involvement in the company could have significant implications for QNI's credibility, market perception, and potential for growth. As a well-respected investor, Patterson's endorsement of QNI could attract more investment and partnerships, ultimately accelerating the company's growth and expansion. However, the actual impact will depend on various factors, such as the success of QNI's exploration projects, market conditions, and the company's ability to execute on its strategic plans.