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NCX.V ·

Northisle Announces Issuance of Share-Based Compensa Tion

Corporate Updates

Northisle Copper and Gold Inc. | 14th Floor – 1040 West Georgia St. | Vancouver, BC | V6E 4H1

www.northisle.ca | [email protected]

SEPTEMBER 2, 2025

TSXV: NCX

OTCQX: NTCPF

NORTHISLE ANNOUNCES ISSUANCE OF SHARE-BASED COMPENSA TION

Vancouver, B.C. – Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) announced that

NorthIsle’s Board of Directors has approved the issuance of 412,000 stock options (the “Options”) to certain directors

and employees of Northisle, pursuant to the Company’s incentive stock option plan (the “Stock Option Plan”). The

Options provide for the purchase of an aggregate of 412,000 common shares of the Company (the “Common Shares”)

at an exercise price of $1.26 per share, which is the closing price for the Common Shares on the TSX Venture Exchange

as of August 29, 2025. All of the Options have a 5 year term and vest one third per year beginning on the issuance date.

In addition, the Board of Directors has approved the issuance of 52,000 deferred share units (the “ DSUs”) to Eligible

Directors, pursuant to the Company’s Share Unit Plan (the “Share Unit Plan”). The DSUs will vest on September 1, 2026.

Further terms of the Options and DSUs can be found in the Stock Option Plan and Share Unit Plan as filed on SEDAR+.

About Northisle

Northisle Copper and Gold Inc. is a Vancouver -based company whose mission is to become a leading and sustainable

mineral resource company for the future. Northisle owns the North Island Project, which is one of the most promising

copper and gold porphyry deposits in Canada. The North Island Project is located near Port Hardy, British Columbia on a

more than 34,000-hectare block of mineral titles 100% owned by Northisle stretching 50 kilometres northwest from the

now closed Island Copper Mine operated by BHP Billiton. Northisle recently completed an updated preliminary economic

assessment for the North Island Project and is now fully funded through completion of a pre -feasibility study while

continuing exploration within this highly prospective land package. For more information on Northisle please visit the

Company’s website at www.northisle.ca.

On behalf of Northisle Copper and Gold Inc.

Nicholas Van Dyk, CFA

Chief Financial Officer

Tel: (604) 638-2515

Email: [email protected]

www.northisle.ca

Cautionary Statements regarding Forward-Looking Information

Certain information in this news release constitutes forward-looking statements under applicable securities law. Any statements that are contained

in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are

often identified by terms such as “may”, “should”, “anticipate”, “expect”, “intend” and similar expressions. Forward-looking statements in this news

release include, but are not limited to, statements relating to future plans, objectives or expectations of Northisle . Forward-looking statements

necessarily involve known and unknown risks, including, without limitation, Northisle’s ability to implement its business strategies; risks associated

with mineral exploration and production; risks associated with general economi c conditions; adverse industry events; stakeholder engagement;

marketing and transportation costs; loss of markets; volatility of commodity prices; inability to access sufficient capital from internal and external

sources, and/or inability to access sufficient capital on favourable terms; industry and government regulation; changes in le gislation, income tax

and regulatory matters; competition; currency and interest rate fluctuations; and other risks. Readers are cautioned that the foregoing list is not

exhaustive.

Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions,

or expectations upon which they are placed will occur. Such information, although considered reasonable by mana gement at the time of

preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward -looking statements contained in

this news release are expressly qualified by this cautionary statement.

Northisle Copper and Gold Inc. | 14th Floor – 1040 West Georgia St. | Vancouver, BC | V6E 4H1

www.northisle.ca | [email protected]

The forward-looking statements contained in this news release represent the expectations of management of Northisle as of the date of this news

release, and, accordingly, are subject to change after such date. Northisle does not undertake any obligation to update or revise any forward-looking

statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or

accuracy of this news release.