Mr. Robin Dow reports

NEVADA ORGANIC PHOSPHATE ANNOUNCES CANCELLATION OF PROPOSED SHARE CONSOLIDATION AND SPECIAL MEETING

Nevada Organic Phosphate Inc.'s board of directors has determined not to proceed, at this time, with the proposed consolidation of the company's issued and outstanding common shares on the basis of one postconsolidation common share for every three preconsolidation common shares, previously announced on Nov. 9, 2026. As a result, the special meeting of shareholders scheduled for Dec. 30, 2026, to consider the consolidation has been cancelled and will not be held.

The board's decision follows feedback received from shareholders and other stakeholders that the company should continue to focus on advancing its continuing drilling program at its Murdock Mountain property in Nevada. After considering that feedback, the board concluded that the company's time and resources are best directed to the drilling program under way.

Robin Dow, chief executive officer, commented: "We value the feedback we have received from our shareholders. After careful consideration, the board has decided to focus the company's time and resources on advancing our ongoing drilling program at Murdock Mountain. NOP has assays due from ALS, which should land over the next few weeks. We look forward to sharing results as the work progresses."

Effect on shareholders

No action is required by shareholders. The company's common shares will continue to trade on the Canadian Securities Exchange on an unconsolidated basis under the symbol NOP. There will be no change to the company's issued and outstanding common shares, of which 180,049,541 are currently outstanding, or to its outstanding options and warrants, which will continue on their existing terms.

The board may reconsider a share consolidation in the future. Any future consolidation would require new approval of the board of directors and approval of the shareholders.

About Nevada Organic Phosphate Inc.

Nevada Organic Phosphate is a junior exploration company with an organic certifiable sedimentary raw rock phosphate bed, 6.6 kilometres long, in northeastern Nevada. Additional applications extend the potential strike of rock phosphate to over 30 kilometres. This is believed to be the only known large-scale organic certifiable sedimentary phosphate project in North America. It is situated close to the main highway to Montello/Elko, Nev., and the railhead to California or the East Coast.

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