Nord Precious Metals Mining Closes Final Tranche of Private Placement

December 31, 2025 – TheNewswire — Nord Precious Metals Mining Inc. (TSX.V: NTH) has completed the second and final tranche of its non-brokered flow-through unit private placement, raising gross proceeds of $479,000.

The company issued 1,196,000 flow-through units (FT Units) at $0.25 per FT Unit. This follows prior news releases on December 1, 2025, December 19, 2025, and December 31, 2025, regarding the financing. In total, Nord Precious Metals Mining raised $2,685,500 across both tranches. The FT Unit financing remains subject to final approval from the TSX Venture Exchange.

Each FT Unit includes one common share and one-half of a share purchase warrant. Each whole warrant allows the holder to purchase an additional share at $0.28 for two years from the closing date, subject to acceleration terms.

The warrants' acceleration clause states that if the daily volume-weighted average trading price of the company's common shares on the TSXV (or another exchange with the majority of trading volume) exceeds $0.36 for ten consecutive trading days between the issuance date and the warrants' expiration, the company can issue a written notice (via news release) to warrant holders. This notice will state that the warrants will expire 30 days following the notice at 4:00 p.m. Vancouver time unless exercised before that date, creating an “Accelerated Exercise Period.” Holders will have 30 days to exercise their warrants upon receiving notice. Any unexercised warrants after 4:00 p.m. Vancouver time on the 30th day will expire.

All securities issued under the private placement are subject to a statutory hold period of four months and one day following the private placement's closing date, in accordance with Canadian securities laws and exchange policies.

Nord Precious Metals Mining has also agreed to pay a finder non-transferrable warrants to purchase up to 153,280 common shares (“Finder Warrants”) and $38,320 cash to the finder in connection with the final tranche FT Units, subject to Exchange acceptance. Each Finder Warrant is exercisable at $0.25 per share for two years from closing and also subject to the acceleration clause. The finder’s fees are subject to Exchange approval.

All securities related to the FT Units, Finder Warrants, and Finder Warrant Shares are subject to a four-month and one-day hold period, adhering to Canadian Securities laws.

The company plans to allocate the gross proceeds from the second and final tranche of the FT unit private placement toward exploration activities at its Castle East Project. These expenditures will qualify as “Canadian exploration expenses” and “flow-through critical mineral mining expenditures” as defined in the Income Tax Act (Canada).

Nord Precious Metals Mining Inc. operates a high-grade milling facility in the Cobalt Camp of Ontario. The company integrates high-grade silver discovery with strategic metals recovery operations. The company’s Castle property encompasses 63 sq. km and the past-producing Castle Mine, with the Castle East discovery having delineated 7.56 million ounces of silver in Inferred resources grading an average of 8,582 g/t Ag (250.2 oz/ton) 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 meters.

The company also holds a 35% ownership in Coniagas Battery Metals Inc. (TSXV: COS) and the St. Denis-Sangster lithium project.

Frank J. Basa, P.Eng., is the Chief Executive Officer of Nord Precious Metals Mining Inc.

Frank J. Basa, P.Eng. Chief Executive Officer 416-625-2342

Wayne Cheveldayoff, Corporate Communications P: 416-710-2410 E: waynecheveldayoff@gmail.com

Source: Nord Precious Metals Mining Inc.