Nord Precious Metals Secures $4 Million Through Private Placement

Nord Precious Metals Mining Inc. has announced a non-brokered private placement financing of 16,000,000 flow-through units, raising gross proceeds of $4,000,000. Each unit, priced at $0.25, consists of one common share and one-half share purchase warrant, subject to approval from the TSX Venture Exchange (TSXV).

The warrants allow holders to purchase an additional common share at an exercise price of $0.28 per share for a two-year period from the closing date. An acceleration clause will come into effect if the daily volume weighted average trading price of the common shares exceeds $0.36 over ten consecutive trading days. In such a case, the Company may notify warrant holders that they will have 30 days to exercise their warrants before they expire.

All securities issued in the private placement will be subject to a statutory hold period of four months and one day following the closing date, in accordance with Canadian securities laws.

Finder’s Fee and Advisory Agreement

In connection with the offering, Nord Precious Metals has engaged Research Capital Corporation as the finder, agreeing to pay an 8% cash commission on the gross proceeds raised. Additionally, the finder will receive warrants equal to 8% of the FT Units sold. The Company has also entered into an Advisory Agreement with Research Capital, which includes a cash fee of $25,000 and the issuance of 100,000 common shares, pending Exchange approval. The advisory term is set for 60 days, and the shares issued will also be subject to a four-month hold period.

The funds raised from this offering will be directed toward incurring “Canadian exploration expenses” and will qualify as “flow-through critical mineral mining expenditures” under the Income Tax Act (Canada). Completion of the offering is contingent upon receiving all necessary regulatory approvals, including those from the TSXV.

About Nord Precious Metals Mining Inc.

Nord Precious Metals operates the only permitted high-grade milling facility in the historic Cobalt Camp of Ontario. The Company holds a strategic position in integrating high-grade silver discovery with critical metals recovery operations. Its flagship Castle property spans 63 sq. km and includes the historical Castle Mine, along with the Castle East discovery, which has revealed 7.56 million ounces of silver in inferred resources.

This multi-metal approach enables Nord to capitalize on both precious metals and the increasing demand for battery materials, including cobalt and nickel. The Company also maintains a strategic portfolio of battery metals properties in Northern Quebec and the St. Denis-Sangster lithium project near Cochrane, Ontario.

For further inquiries, please contact Frank J. Basa, P. Eng., Chief Executive Officer, at 416-625-2342, or Wayne Cheveldayoff, Corporate Communications, at 416-710-2410.

This announcement does not constitute an offer to sell or solicitation to buy securities in the United States or in any jurisdiction where such an offer would be unlawful. The securities have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption.

Caution is advised regarding forward-looking statements contained within this release, as actual results may vary due to various factors. The Company does not undertake to update any forward-looking information unless required by law.