Nord Precious Metals Closes First Tranche of Critical Mineral Flow-Through Unit Non-Brokered Private Placement
Nord Precious Metals Closes First Tranche of
Critical Mineral Flow-Through Unit Non-Brokered Private Placement
December 19, 2025 - Nord Precious Metals Mining Inc. (TSX.V: NTH) (OTCQB: CCWOF) (FRANKFURT: QN3)
(the "Company" or "Nord") announces that further its news release dated December 1, 2025, the Company
has closed the first tranche of a non brokered flow-through unit private placement financing by issuing
8,826,000 units (“ FT Units”) at a price of $0. 25 per FT Unit raising gross proceeds of $ 2,206,500. The
Company also plans to issue up to an additional 7,174,000 FT Units at a price of $0. 25 per FT Unit raising
gross proceeds of up to $1,7935,500 prior to December 31, 2025, subject to final TSX Venture Exchange
(“Exchange”) acceptance.
Each FT Unit is comprised of one common share (the “Shares) and one half of one share purchase warrant
(the “Warrants”) of the Corporation, where by each whole Warrant entitles the holder to purchase an
additional share for a period of two years from closing at a price of $0.28 per warrant share (the “Warrant
Shares”), subject to acceleration terms.
The acceleration clause of the Warrants will provide that, if, over a period of ten (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 TSXV (or such other stock exchange where
the majority of the trading volume occurs) exceeds $0.36 for each of those ten (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 4:00 p.m. (Vancouver time) on the 30th day following the
giving of notice (the "Accelerated Exercise Period") 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 4:00 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 an engagement fee to Research Capital Corporation (the “Finder”) in the
amount of $25,000 and 100,000 common shares with at a deemed value of $0.25 per share with a 4 month
and day hold period as required under applicable Canadian Securities Laws.
The Corporation also agreed to pay to the Finder non-transferrable warrants entitling the Finder or its sub-
finders, as applicable, to purchase up to a total of 706,080 common shares of the Company (“Finder
Warrants”) and $202,770 cash in connection with the 1st tranche FT Units, subject to Exchange acceptance.
Each Finder Warrant is exercisable at $0.25 per share for a period of two years from closing, also subject to
the acceleration clause above. The finder’s fees are subject to Exchange approval.
Nord Precious Metals Mining Inc.
3028 Quadra Court
Coquitlam, B.C., V3B 5X6
www.nordpreciousmetals.com.
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All securities issued in connection with the FT Units, Finder Shares and Finders Warrants and Finder Warrant
Shares are subject to a four-month and a day hold period in accordance with applicable Canadian Securities
laws.
The Company will use the gross proceeds from the issuance of 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).
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be
any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation
or sale would be unlawful. The securities have not been registered under the United States Securities Act of
1933, as amended, and may not be offered or sold in the United States absent registration or an applicable
exemption from the registration requirements thereunder.
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 sq. km 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 gradi ng 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. Note that mineral
resources that are not mineral reserves a nd do not have demonstrated economic viability. Please refer to
the Nord Precious Metals Press Release 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 multi -metal
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% ownership in Coniagas Battery Metals Inc. (TSXV: COS) as well as the St. Denis-Sangster lithium project
comprising 32 square kilometers of prospective ground near Cochrane, Ontario.
More information is available at www.nordpreciousmetals.com.
“Frank J. Basa”
Frank J. Basa, P.
Eng.
Chief Executive Officer
For further information, contact:
Frank J. Basa, P.Eng.
Chief Executive
Officer 416-625-
2342
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or:
Wayne Cheveldayoff,
Corporate
Communications P: 416-
710-2410
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES
Caution Regarding Forward-Looking Statements
This news release may contain forward -looking statements which include, but are not limited to,
comments that involve future events and conditions, which are subject to various risks and uncertainties.
Except for statements of historical facts, comments that address resource potential, upcoming work
programs, geological interpretations, receipt and security of mineral property titles, availability of
funds, and others are forward -looking. Forward -looking statements are not guarantees of future
performance and actual results may vary materially from those statements. General business conditions
are factors that could cause actual results to vary materially from forward -looking statements. The
Company does not undertake to update any forward -looking information in this news release or other
communications unless required by law.