Nuinsco Resources Closes Final Tranche of Oversubscribed Private Placement

Toronto, Ontario — February 6, 2026 — Leads & Copy — Nuinsco Resources Limited (CSE: NWI) has announced the issuance of an additional 151,820,000 common shares at a subscription price of $0.005 per Share, resulting in aggregate proceeds of $759,100.

This issuance represents the final tranche of its oversubscribed private placement, initially announced on November 7, 2025.

In connection with the Final Tranche of the Offering, an agent received aggregate cash fees of $7,000 plus non-transferable broker warrants entitling the holder to acquire 1,400,000 common shares in the aggregate. Each Broker Warrant is exercisable to acquire one common share of the Company at a price of $0.005 per share until August 6, 2027.

All securities issued as part of this final tranche, including the Broker Warrants, are subject to a four-month plus one-day statutory hold period, according to applicable securities laws.

Previously, Nuinsco closed on 73,180,000 common shares, generating proceeds of $365,900, which was announced on January 8, 2026.

The company intends to use the proceeds from the offering to further advance its Prairie Lake critical metals project near Terrace Bay, Ontario.

Of the shares issued in the Final Tranche, 101,820,000 qualify as “flow-through shares” under subsection 66(15) of the Income Tax Act (Canada), while the remaining 50,000,000 shares do not qualify as flow-through shares.

The securities offered in this offering have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States without registration or an applicable exemption. This press release does not constitute an offer to sell or a solicitation of an offer to buy securities in any jurisdiction where such an offer, solicitation, or sale would be unlawful.

Nuinsco Resources, with over 50 years of exploration experience, is focused on mineral exploration and development opportunities in Canada and internationally. The company’s portfolio includes the Prairie Lake Project (phosphate, rare earth elements, niobium, tantalum), the Zig Zag Lake Property (lithium, tantalum) optioned to First Class Metals PLC, and the el Sid near-term gold project in Egypt. Nuinsco also retains a NSR royalty on the Sunbeam Gold Property near Atikokan.

Source: Nuinsco Resources