File: Attachment 2026-05-14 NIOB NR- Grant of stock options.pdf

NIOB Announces Grant of Stock Options

Vancouver, British Columbia -- May 14, 2026 -- North American Niobium and Critical Minerals Corp. (CSE: NIOB) (FSE: KS82.F) (OTCQB: NIOMF) (NIOB or the Company) is pleased to announce the that pursuant to the Company's Share Option Plan and subject to approval of the Canadian Securities Exchange, the Company has granted 2,500,000 stock options (the "Options") to directors, officers and consultants of the Company. The Options are exercisable into common shares in the capital of the Company (the "Shares") at an exercise price of $1.05 per Share for a period of five years from the date of grant of the Options. The Options will vest from immediately to in full over 12 months. The Shares to be issued upon the exercise of the Options will be subject to a hold period of four months and a day from the date of grant. ABOUT NORTH AMERICAN NIOBIUM AND CRITICAL MINERALS CORP. North American Niobium and Critical Minerals Corp. is a North American mineral exploration company focused on the acquisition and development of precious, base, and critical mineral assets. Its portfolio includes the Silver Lake property in British Columbia's Omineca Mining Division and a district-scale land package covering 29,936 hectares in Quebec's Grenville Province. The Quebec properties host rare earth element, niobium, and nickel-copper occurrences, expanding the Company's footprint into critical minerals that are strategically important for energy and defense applications. ON BEHALF OF THE BOARD OF DIRECTORS: Murray Nye Chief Executive Officer info@northamericanniobium.com +1 (647) 984-4204

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved the contents of this press release.

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