On January 24, 2019, Blair Lawrence Naughty announced that he intends to requisition a special meeting of shareholders of the Nickel One Resources Inc. pursuant to the Business Corporations Act to consider the replacement of the majority of the directors of the Company. Blair Lawrence stated that he is concerned about the Company's current board of directors, and its current Chief Executive Officer, Vance Loeber, who is also a director of the Company. Blair Lawrence stated that new leadership at the Company is urgently needed, and that it is therefore in the best interests of the Company's shareholders to replace the majority of the board, including Loeber in both his role as director and CEO. Further, Blair Lawrence expressed his view that the proposed sale of the Company's principal asset, its Lantinen Koillismaa project in Finland, as announced by the Company on January 22, 2019, significantly erodes the value of shareholders of the Company and puts the investment of all shareholders at risk. In addition, Blair Lawrence stated that the proposed consolidation of Company’s share capital on the basis of 1 new common share for every 10 existing common shares is unnecessary and distracts from key operational issues that the Company faces.