Mr. Frank Basa reports

NORD PRECIOUS METALS CLOSES SECOND AND FINAL TRANCHE OF CRITICAL MINERAL FLOW-THROUGH UNIT NON-BROKERED PRIVATE PLACEMENT

Nord Precious Metals Mining Inc., further its news releases dated Dec. 1, 2025, Dec. 19, 2025, and Dec. 31, 2025, has closed the second and final tranche of a non-brokered flow-through (FT) unit private placement financing by issuing 1,196,000 units at a price of 25 cents per FT unit, raising gross proceeds of $479,000. In both tranches, the company raised a total of $2,685,500. The FT unit financing is subject to final TSX Venture Exchange acceptance.

Each FT unit comprises one common share and one-half of one share purchase warrant of the corporation, whereby each whole warrant entitles the holder to purchase an additional share for a period of two years from closing at a price of 28 cents per warrant share, subject to acceleration terms.

The acceleration clause of the warrants will provide that, if, over a period of 10 consecutive trading days between the date of issuance and the expiry of the warrants, the daily volume weighted average trading price of the common shares of the corporation on the TSX-V (or such other stock exchange where the majority of the trading volume occurs) exceeds 36 cents for each of those 10 consecutive days, the corporation may, at any time after such an occurrence, give written notice (via news release) to the holders of the warrants that the warrants will expire at 4 p.m. Vancouver time on the 30th day following the giving of notice unless exercised by the holders prior to such date. Upon receipt of such notice, the holders of the warrants will have 30 days to exercise their warrants. Any warrants which remain unexercised at 4 p.m. Vancouver time on the 30th day following the giving of such notice will expire at that time. All securities issued pursuant to the private placement will be subject to a statutory hold period of four months and one day following the closing date of the private placement in accordance with applicable Canadian securities laws and the policies of the exchange.

The corporation also agreed to pay to the finder non-transferable warrants, entitling the finder or its subfinders, as applicable, to purchase up to a total of 153,280 common shares of the company and $38,320 cash in connection with the second and final tranche FT units, subject to exchange acceptance. Each finder's warrant is exercisable at 25 cents per share for a period of two years from closing, also subject to the acceleration clause above. The finder's fee is subject to exchange approval.

All securities issued in connection with the FT units, finder's warrants and finder's warrant shares are subject to a four-month-and-one-day hold period in accordance with applicable Canadian securities laws.

The company will use the gross proceeds from the issuance of second and last tranche of the FT unit private placement for exploration on its Castle East project, which will incur Canadian exploration expenses and qualify as flow-through critical mineral mining expenditures, as such terms are defined in the Income Tax Act (Canada).

Nord Precious Metals Mining Inc. operates the only permitted high-grade milling facility in the historic Cobalt camp of Ontario, where the company has established a unique position integrating high-grade silver discovery with strategic metals recovery operations. The company's flagship Castle property encompasses 63 square kilometres of exploration ground and the past-producing Castle mine, complemented by the Castle East discovery, where drilling has delineated 7.56 million ounces of silver in inferred resources grading an average of 8,582 grams per tonne (g/t) silver (Ag) (250.2 ounces per ton (oz/t)) in 27,400 tonnes of material from two sections (1A and 1B) of the Castle East Robinson zone, beginning at a vertical depth of approximately 400 metres. Note that mineral resources that are not mineral reserves and do not have demonstrated economic viability. Please refer to the Nord Precious Metals news release dated May 27, 2020, for the resource estimate.

Nord's integrated processing strategy leverages the synergistic value of multiple metals. High-grade silver recovery supports the economics of extracting critical minerals, including cobalt, nickel and other battery metals, while the company's proprietary Re-2Ox hydrometallurgical process enables production of technical-grade cobalt sulphate and nickel-manganese-cobalt (NMC) formulations. This multimetal approach, combined with established infrastructure, including TTL Laboratories and underground mine access, positions Nord to capitalize on both precious metals markets and the growing demand for battery materials.

The company maintains a strategic portfolio of battery metals properties in Northern Quebec through its 35-per-cent ownership in Coniagas Battery Metals Inc., as well as the St. Denis-Sangster lithium project, comprising 32 square kilometres of prospective ground near Cochrane, Ont.

We seek Safe Harbor.