Nord Precious Metals Closes 2nd and Final Tranche of Non-Brokered Private Placement
Nord Precious Metals Closes 2nd and Final Tranche of
Non-Brokered Private Placement
April 28, 2025 - Nord Precious Metals Mining Inc. (TSX.V: NTH) (OTCQB: CCWOF) (FRANKFURT: 4T9B) (the
"Company" or "Nord") announces that further to its news release dated March 26, 2025 the Company has
closed a 2 nd final tranche of a non brokered private placement by issuing an additional 1,483,333 units
(“Units”) at $0.12 per Unit raising gross proceeds of $178,000. The Company has raised a total of $526,800
in both tranches of the financing.
Each Unit is comprised of one common share of the Company and one share purchase warrant. Each whole
warrant will entitle the holder thereof to purchase one additional common share of the Company at an
exercise price of $0.155 per share, for a period of five years from closing, subject to final TSX Venture
Exchange (“Exchange”) final approval.
Finder’s fees in the amount of $3,814 cash and 31,783 non-transferable finder warrants were paid in
connection with the financing. The finder warrants are at an exercise price of $0.155 per share for a period
of five years from closing. The finder’s fees are also subject to Exchange approval.
All securities issued in connection with the Units are subject to a four-month and a day hold period in
accordance with applicable Canadian Securities laws.
The proceeds of the private placement will be used for exploration on its Castle East Project, Gowganda,
Ontario and for general working capital and administrative costs. Proceeds from the FT Unit private placement
will be used for exploration on its Castle East Project, Gowganda, Ontario.
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.
Nord Precious Metals Mining Inc.
3028 Quadra Court
Coquitlam, B.C., V3B 5X6
www.nordpreciousmetals.com.
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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.
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.