Core Viewpoint - Nord Precious Metals Inc. has entered into a definitive asset purchase agreement to acquire four mining leases in the Gowganda Silver Camp, significantly expanding its silver tailings resource by approximately 2.9 million ounces of silver at a time when silver prices are at record levels [1][2]. Transaction Details - The acquisition consolidates Nord's position in a historically significant silver-cobalt district in Ontario, which has recently implemented a new permitting framework and launched a $500 million Critical Minerals Processing Fund [1]. - The transaction involves a cash payment of $1,000,000, $1,250,000 in Nord shares at a deemed price of $0.284 per share, a 3.0% net smelter returns royalty, and deferred consideration of $3,750,000 over three years [9]. - The transaction is an arms-length deal with no finder fees, subject to certain closing conditions including approval from the TSX Venture Exchange [6]. Resource Information - The Gowganda camp has a historical mineral resource estimate indicating nearly 3 million ounces of silver in tailings, with a significant portion classified as Indicated [2][4]. - The resource estimate is based on extensive drilling and verification processes, ensuring confidence in the distribution of silver within the tailings deposit [3][4]. - The historical resource estimate is not currently classified as a current resource, and further work is required to confirm the original assays and assumptions in light of current metal prices [4]. Strategic Positioning - Nord operates TTL Laboratories, the only permitted high-grade milling facility in the Cobalt Camp, which supports its integrated processing strategy for multiple metal recovery streams [10][12]. - The company's flagship Castle property has delineated 7.56 million ounces of silver in inferred resources, further enhancing its strategic position in the silver and critical minerals market [11]. - The integrated processing strategy aims to recover high-grade silver while also extracting critical minerals like cobalt and nickel, positioning Nord within Ontario's emerging critical minerals supply chain [12].

Core Viewpoint - Nord Precious Metals Mining Inc. has successfully closed its Listed Issuer Financing Exemption (LIFE) Offering and a concurrent non-brokered private placement, raising a total of $4,000,000, pending final acceptance from the TSX Venture Exchange [1][2]. Financing Details - The LIFE Offering raised $1,566,724 through the issuance of 13,056,041 units at a price of $0.12 per share [2]. - The non-brokered private placement generated $2,433,275 by issuing 20,277,292 units at the same price of $0.12 per share [2]. - Each unit from both offerings consists of one common share and one common share purchase warrant, with the warrants exercisable at $0.155 for five years [3]. Regulatory Compliance - The units from the non-brokered private placement are subject to a hold period of four months and a day in accordance with Canadian securities laws [4]. - Research Capital Corporation, the exclusive finder for the financings, received $226,256 in cash and 1,885,467 finder warrants, also subject to a four-month hold period [5][6]. Company Objectives - The primary business objective for the next 12 months is to increase the silver resource at the Castle East property and explore the economics of tailings processing and metal recovery [7]. - The net proceeds from the offering will be used for tailings recovery testing, pilot scale testing of the Re-2Ox process, diamond drilling on the Castle East Property, and general working capital [8]. Insider Participation - Insiders purchased a total of 1,533,333 units under the private placement, which is classified as a related party transaction [9]. Offering Structure - The units were offered under the Listed Issuer Financing Exemption and will be free-trading under applicable Canadian securities laws, with specific restrictions for U.S. subscribers [10]. Company Overview - Nord Precious Metals Mining Inc. operates a high-grade milling facility in Ontario's Cobalt Camp and focuses on integrating silver discovery with strategic metals recovery [11]. - The Castle property has delineated 7.56 million ounces of silver in inferred resources, averaging 8,582 g/t Ag [12]. - The company's multi-metal processing strategy supports the extraction of critical minerals, including cobalt and nickel, leveraging established infrastructure [13].

Core Insights - Nord Precious Metals Mining Inc. has granted stock options to its directors and officers for a total of 900,000 common shares at an exercise price of $0.25 per share, exercisable for five years [1] Company Overview - Nord Precious Metals Mining Inc. operates the only permitted high-grade milling facility in the historic Cobalt Camp of Ontario, focusing on high-grade silver discovery and strategic metals recovery [3] - The flagship Castle property covers 63 square kilometers and includes the past-producing Castle Mine, with drilling at Castle East delineating 7.56 million ounces of silver in inferred resources averaging 8,582 g/t Ag (250.2 oz/ton) [3] Integrated Processing Strategy - The company's integrated processing strategy enhances the economic viability of extracting critical minerals such as cobalt and nickel alongside high-grade silver recovery [4] - Nord's proprietary Re-2Ox hydrometallurgical process allows for the production of technical-grade cobalt sulfate and nickel-manganese-cobalt (NMC) formulations, positioning the company to benefit from both precious metals and battery materials markets [4] Strategic Portfolio - The company holds a strategic portfolio of battery metals properties in Northern Quebec, including a 35% ownership in Coniagas Battery Metals Inc. and the St. Denis-Sangster lithium project, which spans 260 square kilometers near Cochrane, Ontario [5]

Financing Details - Nord Precious Metals Mining Inc. has closed the 2nd and final tranche of a non-brokered private placement financing, issuing 400,000 units at a price of $0.12 per unit for gross proceeds of $48,000, bringing total proceeds from both tranches to $228,400 [1][2] - Each unit consists of one common share and one share purchase warrant, with each warrant allowing the purchase of an additional common share at an exercise price of $0.155 for five years [2] - The company has revised the terms of its Flow-through (FT) financing, now issuing 8,333,400 FT units at a price of $0.12 per FT unit for gross proceeds of $1,000,008 [3][4] Finder's Fees - Finder's fees of $3,360 cash and 28,000 non-transferable finder warrants were paid for the final unit tranche, with warrants exercisable at $0.155 for five years [3][5] - For the final FT unit tranche, finder’s fees amounted to $70,000.56 cash and 550,060 non-transferable finder warrants, with warrants exercisable at $0.18 for two years [5] Use of Proceeds - Proceeds from the unit private placement will be allocated for exploration on the Castle East Project in Gowganda, Ontario, as well as for general working capital and administrative costs [6] - Proceeds from the FT unit private placement will also be directed towards exploration on the Castle East Project [6] Company Overview - Nord Precious Metals Mining Inc. operates the only permitted high-grade milling facility in the historic Cobalt Camp of Ontario, integrating high-grade silver discovery with strategic metals recovery operations [7] - The company's flagship Castle property encompasses 63 square kilometers of exploration ground and has delineated 7.56 million ounces of silver in inferred resources grading an average of 8,582 g/t Ag (250.2 oz/ton) [8] - The company employs an integrated processing strategy that supports the recovery of multiple metals, including cobalt and nickel, leveraging its proprietary Re-2Ox hydrometallurgical process [9] Strategic Positioning - Nord maintains a strategic portfolio of battery metals properties in Northern Quebec, including a 35% ownership in Coniagas Battery Metals Inc. and the St. Denis-Sangster lithium project, which spans 260 square kilometers near Cochrane, Ontario [10]