NOP, in Anticipation of Early October Drill Program, Announces Private Placement of up to $1,000,000, and Compensation Share Issuance
NOP PR 25-09
NOP, in Anticipation of Early October Drill Program, Announces Private
Placement of up to $1,000,000, and Compensation Share Issuance
Vancouver, British Columbia – September 19, 2025 — Nevada Organic Phosphate
Inc. (“NOP” or the “Company”) (CSE: NOP), a B.C. based leader in organic
sedimentary phosphate exploration, is pleased to announce it intends to complete a non-
brokered private placement (the “Offering”) of up to 20,000,000 units (each, “Unit”) at a
price of $0.05 per Unit for aggregate gross proceeds of up to $1,000,000.
Each Unit will consist of one common share in the capital of the Company (each, a
“Share”) and one-half of one Share purchase warrant (each whole warrant, a “Warrant”),
with each Warrant entitling the holder thereof to purchase one additional Share (each, a
“Warrant Share”) at a price of $0. 10 per Warrant Share for a period of sixty months
following the date of issuance (the “ Date of Issue”). Each Warrant will be subject to an
acceleration provision providing that, if the volume weighted average price for t he
Company’s common shares on the Canadian Securities Exchange (the “ CSE”, or such
other exchange on which the common shares may be traded at such time) is equal to or
greater than $0.25 for a period of ten (10) consecutive trading days at any time after the
Date of Issue, the Company can accelerate the expiry date of the Warr ants by
disseminating a news release advising the holders of the acceleration and, in such case,
the Warrants will expire on the thirtieth day after the date of such notice.
The aggregate proceeds of the Offering are anticipated to be used for a phase one drill
program at the Company’s Murdock Property and for general working capital. The drill
program is anticipated to begin in early October and be completed by October 31 st. The
Company may pay a finder’s fee on a portion of the gross proceeds of the Offering. All
securities issued in connection with the Offering are subject to a statutory hold period
expiring four months and one day after the Date of Issue, as set out in National Instrument
45‐102 – Resale of Securities. The Offering remains subject to regulatory approval and
the approval of the CSE.
Compensation Share Issuance
The Company also announces it has entered into a consultant agreement
(the “Agreement”) with an independent consultant (the “ Consultant”) and a related
statement of work (the “Statement of Work ”) dated September 18, 2025, pursuant to
which the Consultant together with a second independent consultant (the “ Independent
Consultant”) has agreed to provide the Company consulting services related to the
development of the Company’s Murdock Property in Nevada for a (3) three-month term
effective as of September 1, 2025 . As consideration for services over the term of the
Statement of Work the Company has agreed to pay a fee of $5,000 per month to the
Consultant. The Company has also agreed to issue 250,000 Shares to each of the
Consultant and Independent Consultant for an aggregate of 500,000 Shares, as bonus
compensation upon the Company receiving its phosphate exploration permit in Nevada,
at a deemed price of $0.05 per Share.
The Company further announces that on July 28, 2025, it entered into an agreement for
services related to equity research on the Company in the form of an updated research
note and introductions to sell-side and buy-side equity analysts in the fertilizer sector for
a fee of $5,500 which may be paid in Shares upon mutual agreement. On August 12,
2025, the Company entered into a consulting agreement for services related to graphic
design, branding, marketing materials, and website design, for a fee of $5,250 which may
be paid in Shares upon mutual agreement. The Company has agreed to issue an
aggregate of 215,000 compensation Shares at a deemed price of $0.05 per Share as
payment for the two agreements.
Accordingly, all the Shares are to be issued pursuant to the prospectus exemption
provided under Section 2.24 of National Instrument 45-106 – Prospectus Exemptions and
are subject to a hold period of four months and one day.
Nevada Organic Phosphate Inc.
NOP is a junior exploration company with an organic sedimentary raw rock phosphate
bed, 6.6 kilometres long, in northeast Nevada. Additional applications extend the potential
strike of rock phosphate to over 30 kilometres. This is believed to be the only known large-
scale organic sedimentary phosphate project in North America. It is situated close to the
main highway to Montello/Elko, Nevada, and near the rail head to California.
For More Information
Robin Dow, CEO
T: 604.355.9986
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responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements and information (“FLSI”) within the meaning
of applicable securities laws. FLSI may include expectations, anticipations, beliefs, opinions, plans,
intentions, estimates, forecasts, projections, guidance or other similar statements and information that are
not historical facts. All statements which are not historical statements are considered FLSI. All FLSI is
based on assumptions, which may prove inaccurate, and subject to certain risks and uncertainties,
including without limitation those risks and uncertainties identified in the Company’s public securities filings,
which may cause actual events or results to differ materially from those indicated or implied in FLSI.
Accordingly, readers should not place undue reliance or value on FLSI. Although the Company believes
that the expectations reflected in any FLSI in this news release are reasonable at the present time, it can
give no assurance that such FLSI will prove to be correct. Any FLSI in this news release is made as of the
date hereof and the Company undertakes no obligations to publicly update or revise any FLSI, whether as
a result of new information, future events or otherwise, unless required by applicable securities laws. Any
FLSI in this news release is expressly qualified in its entirety by this cautionary statement.