17th May 2018

Company Update - Federal Court Application

Further to its announcement on 14th May 2018, Poseidon Nickel Limited (ASX:POS) (the Company) advises that the hearing of its Federal Court application for validating orders has been moved forward to a final hearing on 8th June 2018 at 2.15pm (WST).

The Company has received an extension until 30th June 2018 to the Deed of Forbearance from Jefferies Bank

The Company will continue to update the market accordingly.

Eryn Kestel

Company Secretary

CORPORATE DIRECTORY

Principal & Registered Office

T: +61 8 9323 2000

Director / Senior Management

T: +61 8 6167 6600

F: +61 8 6167 6649

E:admin@poseidon-nickel.com.au

Home Exchange

Chris Indermaur

Non-Executive Chairman

Unit 8, Churchill Court

David Singleton

Non-Executive Director

331-335 Hay Street

Geoff Brayshaw

Non-Executive Director

SUBIACO WA 6008

Robert Dennis

Non-Executive Director

T: +61 8 6167 6600

Eryn Kestel

Company Secretary

F: +61 8 6167 6649

Corporate & Media EnquiriesShareholder Enquiries

Personal shareholding queries should be addressed to:Computershare Investor Services

GPO Box D182, Perth WA 6840

The Company's shares are listed on the Australian Securities Exchange and the home exchange is Perth. ASX code : POS

POSEIDON NICKEL LIMITED • Unit 8 • Churchill Court • 331-335 Hay Street • Subiaco • WA 6008

PO Box 190 • West Perth WA 6872 • T +618 6167 6600 • F +618 6167 6649 •www.poseidon-nickel.com.au • ABN 60 060 525 206

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Poseidon Nickel Limited published this content on 17 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 May 2018 00:12:08 UTC