INDEPENDENT NICKEL CORP.
102 - 957 Cambrian Heights Drive
Sudbury, ON  P3C 5M6
(the "Company")

NEWS RELEASE

December 19, 2006

Independent Nickel Corp. Announces Non-Brokered Flow-Through Private Placement Financing

Sudbury, Ontario – December 19, 2006 – Independent Nickel Corp. (TSX-V: INI). The Board of Directors of Independent Nickel Corp. (the “Company”) has negotiated a non-brokered private placement of up to 8,000,000 flow-through common shares (the “Shares”) at a purchase price of $0.35 per Share, to raise gross proceeds to the Company of up to $2,800,000. The Shares will be issued on a flow-through basis in accordance with the Income Tax Act (Canada). The Company has agreed to pay certain finders (the “Finders”) finders fees payable in cash equal to 5% of the gross proceeds received from subscribers introduced to the Company by the Finders. In addition, the Finders will be entitled to receive common share purchase warrants (the “Finder’s Warrants”) which will entitle the respective Finders to purchase such number of common shares of the Company as is equal to 5% of the number of Shares purchased by subscribers introduced to the Company by the respective Finders. Each Finder’s Warrant is exercisable into a common share of the Company at a purchase price of $0.35 per share for a period of 18 months from the date of closing the private placement.

Proceeds from the private placement will be used to fund exploration at the Company’s Lynn Lake project located in Manitoba.

The private placement is subject to acceptance of the TSX Venture Exchange.

FOR FURTHER INFORMATION PLEASE CONTACT:

Independent Nickel Corp.
Richard Murphy, President and CEO
Tel: (705) 521-8444
Email: info@independentnickel.com

957 Cambrian Heights Drive
Suite 102
Sudbury Ontario P3C 5M6

This document may contain forward-looking statements relating to Seymour Exploration Corp.’s operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Seymour’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filings. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Seymour disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

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