TORONTO, Nov. 28, 2025 (GLOBE NEWSWIRE) -- Northfield Capital Corporation (TSX-V: NFD.A) (or “Northfield”) and Juno Corp. (or “Juno”) welcome yesterday's announcement that Marten Falls First Nation and the Province of Ontario have signed a Community Partnership Agreement (the “Agreement”) to advance the Marten Falls Community Access Road and priority community infrastructure investments. This milestone Agreement represents another transformational step forward in developing the critical infrastructure necessary to unlock responsible, sustainable development of Ontario's Ring of Fire mineral district.

The proposed Marten Falls Community Access Road will provide reliable all-season access connecting Marten Falls First Nation to the provincial highway system. Marten Falls, located approximately 450 kilometres north of Thunder Bay and 140 kilometres southeast of the Ring of Fire, is currently accessible only by winter road for one to two months per year or by air, significantly constraining development opportunities for both the community and the broader region. The Agreement provides up to $39.5 million for important community infrastructure, while supporting the development and construction of the proposed Marten Falls Community Access Road. Please see the Province of Ontario news release dated November 27, 2025 available here for additional information.

The Marten Falls Community Access Road is a critical component of the broader Northern Road Link infrastructure plan, which will connect Webequie First Nation in the north, the Ring of Fire mining area, Marten Falls further south, and ultimately the provincial highway system. With the recent Webequie First Nation agreement signed in October, both key First Nations communities required for the complete road network are now advancing infrastructure development in partnership with the Province.

Juno Corp., as the largest mineral claim holder in the Ring of Fire with over 5,300 square kilometres representing over 52% of the district's mineral claims, holds extensive exploration properties strategically positioned relative to the proposed infrastructure corridors. Juno's recent exploration programs resulted in three major discoveries, including the Vespa Critical Minerals Complex (titanium-vanadium-high-purity-iron-scandium-gallium) and two high-grade gold discoveries at Pluto and North Edge in the North Arm Ring of Fire.

“This second Community Partnership Agreement demonstrates the remarkable momentum building toward Ring of Fire infrastructure development,” said Robert D. Cudney, President & CEO of Northfield and CEO of Juno. “With both Webequie and Marten Falls First Nations now advancing all-season road infrastructure in partnership with Ontario, the complete road network connecting the Ring of Fire to the provincial highway system is becoming a reality. We commend Chief Bruce Achneepineskum and Marten Falls First Nation for their vision and leadership in advancing infrastructure that serves both community priorities and enables responsible resource development.”

Under the Agreement, Marten Falls First Nation will submit its environmental assessment for the Community Access Road by February 20, 2026, with the goal of commencing construction by August 2026. The Province has indicated that materials and resources will begin flowing immediately this season via winter roads for urgent community priorities.

“The strategic importance of this Agreement cannot be overstated,” added Cudney. “The Marten Falls Community Access Road is the critical link connecting the Ring of Fire to Ontario's existing highway infrastructure. Together with the Webequie Supply Road, these projects represent infrastructure investment that will improve access to what we believe to be one of the world's significant critical mineral districts. Northfield's investment in Juno has always been premised on the recognition that infrastructure development is essential to realizing the value of these resources.”

The Ring of Fire mineral district in Northern Ontario contains significant discoveries of critical minerals including titanium, vanadium, chromite, nickel, copper, PGE's and gold. In the November 27, 2025 news release noted above, Premier Doug Ford stated that unlocking these critical minerals “will create 70,000 new jobs across our province.” The district is increasingly recognized as having national strategic importance to both Canadian and United States economies, particularly for securing domestic sources of critical minerals essential to manufacturing, defense, and clean energy applications.

About Northfield Capital Corporation

Northfield Capital Corporation is a publicly traded, leading Canadian investment firm with deep roots in resources, mining, aviation, and premium alcoholic beverages. Founded in 1981 by Robert D. Cudney, Northfield combines decades of experience with forward-thinking strategies to unlock opportunities across its diverse portfolio. Northfield is dedicated to fostering growth and innovation in businesses that drive economic prosperity in Canada. For more information, visit www.northfieldcapital.com.

About Juno Corp.

Juno Corp. is a private Ontario-based exploration company and the largest mineral claim holder in the Ring of Fire. With 5,300 square kilometres of claims representing over 52% of the district, Juno is at the forefront of unlocking the region's critical mineral and gold potential through innovation, collaboration, and responsible exploration. The Company has signed agreements with three nearby First Nations communities to foster economic participation and support for local cultural and commercial activities.

Qualified Person

Scott Zelligan, P. Geo. (PGO #2078), Director of Exploration for Juno Corp. is considered a “Qualified Person” for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects and has reviewed and approved the scientific and technical disclosure contained in this news release.

Forward-Looking Information

This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable Canadian and United States securities laws.Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects”, or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “does not anticipate”, or “believes” or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, or “will be taken”, “occur”, or “be achieved”. Certain information set forth in this news release may contain forward-looking information that involves substantial known and unknown risks and uncertainties, including, but not limited to, the Marten Falls Community Access Road, the Webequie Supply Road and priority community infrastructure investments, Northfield’s investment in Juno, the presence of minerals and mineral deposits in the Ring of Fire, and the future development of Juno’s properties and the Right of Fire. The forward-looking information is based on reasonable assumptions and estimates of the management of Northfield and Juno at the time such statements were made and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Northfield and/or Juno to be materially different from those expressed or implied by such forward-looking information, including, as applicable, risks associated with the exploration; future commodity prices; changes in regulations; political or economic developments; environmental risks; permitting timelines; capital expenditures; technical difficulties in connection with exploration activities; the speculative nature of mineral including the risks of diminishing quantities of grades of resources, contests over title to properties, Juno’s limited operating history, future capital needs and uncertainty of financing, and the competitive nature of the mining industry; the need for Northfield and Juno to manage their respective future strategic plans; global economic and financial market conditions; uninsurable risks; changes in project parameters as plans continue to be evaluated; and other risks discussed in the Northfield’s public disclosure documents. Although management of Northfield and Juno has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Although the forward-looking information contained in this news release are based upon what the respective management of Northfield and Juno believes, or believed at the time, to be reasonable assumptions, Northfield and Juno cannot assure shareholders that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. Northfield and Juno do not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking information, except as required by applicable securities law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

For further information, please contact:

Michael G. Leskovec, CPA, CA
Chief Financial Officer
Telephone: (416) 628-5940