PACIFIC COAST NICKEL GRANTS STOCK OPTIONS

Vancouver, BC, August 7, 2009 - Pacific Coast Nickel Corp. (NKL: TSX-Venture), announces subject to TSX Venture approval, it has granted 1 million stock options to officers and a director of the company. The options are set for a period of five years and will allow the holder to purchase a share in the Company at a price of $0.10. Any shares issued on the exercise of these stock options will be subject to a four-month hold period from the date of grant.