NEARCTIC Nickel Mine (fka NNMIF)

[eom7]

Reporting Issuer
Nearctic Nickel Mines Inc. (the “Company”)
160 Matheson Boulevard East, Suite 5
Mississauga, Ontario, L4Z 1V4
2. Date of Material Change
February 29, 2012
3. News Release
A news release with respect to the material change referred to in this report was disseminated on
March 6, 2012 through Marketwire and filed on the system for electronic document analysis and retrieval
(SEDAR).
4. Summary of Material Change
The material change is described in the news release attached hereto.
5. Full Description of Material Change
The Judgment of the Québec Court of Appeal is attached hereto. The subject matter of the Judgment is of
great interest to the Company since Canadian Royalties Inc. indicates that it is nearing completion of a
mine on the property. It is therefore very material whether the Company has a 20% or 30% interest in the
property and the mine said to commence production this summer.
6. Reliance on Section 7.1(2) of National Instrument 51-102
Not applicable.
7. Omitted Information
Not applicable.
8. Executive Officer
David Hynes
Director
Telephone No: [phone]
9. Date of Report
March 7, 2012

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