VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Oct 30, 2007 -- Brian Fiddler, Chief Financial Officer of Hard Creek Nickel Corporation (CDNX:HNC.V - News) announced today that the 1,435,000 warrants, which were set to expire on October 25, 2007 have been fully exercised at prices ranging from $0.75 to $1.00. The unaudited cash position is presently at $13.1 million.

On behalf of the Board of Directors,

Brian Fiddler, Chief Financial Officer

HARD CREEK NICKEL CORPORATION

The TSX Venture Exchange does not accept responsibility for the accuracy or adequacy of this news release.

     Contacts:
     Hard Creek Nickel Corporation
     Brian Fiddler
     Chief Financial Officer
     (604) 681-2300
     (604) 681-2310 (FAX)
     Email: info@hardcreek.com
     Website: http://www.hardcreeknickel.com