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

NEWS RELEASE

December 20, 2006

Independent Nickel Corp. Completes Financing

Sudbury, Ontario – December 20, 2006 – Independent Nickel Corp. (TSX-V: INI) (the “Company”) has completed the non brokered financing of $1,800,000, which was increased from $1,750,000 as stated in the December 15, 2006 news release.

The Company paid finder’s fees of $90,000 and issued 300,000 finder’s warrants in respect of the financing. Each finder’s warrant entitles the holder to purchase one common share of the Company at a purchase price of $0.35 for a period of 18 months from closing.

Shares issued pursuant to this private placement, including any shares issued as a result of the exercise of finder’s warrants, will be subject to a four month hold period expiring April 19, 2007.

The private placement is subject to final 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.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.