Nord Precious Metals Announces Shares for Debt Transaction
Nord Precious Metals Announces Shares for Debt Transaction
April 8, 2025 – Coquitlam, BC, Nord Precious Metals Mining Inc., (TSXV: NTH) (OTCQB: CCWOF) (Frankfurt:
4T9B) (the "Company" or "Nord” or “Nord Precious Metals”), announces that it has reached an agreement
with certain creditors to repay debts in the aggregate amount of $829,112.64 through the issuance of
6,909,272 common shares of the Company at a deemed price of $0.12 per share (the “Shares for Debt
Transaction”). All securities issued pursuant to the Shares for Debt Transaction are issued to arm’s length
parties to the Company and are subject to TSX Venture Exchange (“Exchange”) approval.
All shares issued in connection with the Shares for Debt Transaction are subject to a four‐month and a day
hold period in accordance with applicable Securities laws and Exchange policies.
About Nord Precious Metals Mining Inc.
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 grading an
average of 8,582 g/t Ag (250.2 oz/ton).
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 including its
35% ownership in Coniagas Battery Metals Inc. (TSXV: COS) as well as the St. Denis‐Sangster lithium project
comprising 260 square kilometers of prospective ground near Cochrane, Ontario.
Nord Precious Metals Mining Inc.
3028 Quadra Court
Coquitlam, B.C., V3B 5X6
www.nordpreciousmetals.com.
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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
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.
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.