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Iran Conflict, Energy Infrastructure Attacks, and Strait of Hormuz Blockade Highlight Strategic Importance of Nevada Organic Phosphate’s Murdock Mountain Project

NOP PR #26-14

Iran Conflict, Energy Infrastructure Attacks, and Strait of Hormuz

Blockade Highlight Strategic Importance of Nevada Organic

Phosphate’s Murdock Mountain Project

Vancouver, British Columbia, March 24, 202 6, Nevada Organic Phosphate Inc.

(“NOP” or the “Company”) (CSE: NOP) (OTCQB: NOPFF), a B.C. based leader in

organic sedimentary phosphate exploration, today emphasized the growing strategic

importance of its Murdock Mountain phosphate project as the Iran conflict, attacks on

regional energy infrastructure, and the Strait of Hormuz blockade continue to disrupt both

global and domestic fertilizer markets.

Energy and Fertilizer Supply Disruptions Accelerate

Recent strikes on natural -gas processing facilities, export terminals, and power

infrastructure across the Gulf region have forced significant production shutdowns. These

outages are tightening global nitrogen and phosphate supply chains, as natural gas is the

primary feedstock for ammonia and a critical energy input for sulfur -based phosphate

production.

Combined with the Hormuz blockade, the disruptions have created a severe supply

shock:

• 25-33% of global nitrogen fertilizer exports and over 40% of seaborne sulfur

normally transit the Strait of Hormuz.

• The blockade has cut off roughly 44% of global seaborne sulfur and 43% of global

urea, sharply constraining global nitrogen and sulfur-based phosphate output.

• Attacks on gas infrastructure have removed substantial ammonia and urea

production from the market, adding further pressure to fertilizer prices and

availability.

Analysts now describe the combined impact as one of the most significant fertilizer supply

disruptions in decades.

Phosphate Markets Also Affected, But NOP’s Organic Phosphate Target Is Not

Conventional phosphate fertilizers rely heavily on sulfur, ammonia, and high -energy

chemical processing. With sulfur flows disrupted and natural -gas-based ammonia

production curtailed, global phosphate producers are facing rising costs and reduced

output.

NOP’s Murdock Mountain project is fundamentally different:

• Direct-application rock phosphate (DARP) requires no sulfur, no ammonia, and

minimal energy input

• Geopolitically insulated U.S. location, unaffected by Middle East conflict or

maritime chokepoints

• Organic-aligned, low -contaminant DARP suitable for regenerative and organic

farming systems

• Policy-independent and sanctions-resilient domestic supply chain

“The attacks on energy infrastructure and the Strait of Hormuz blockade have exposed

how dependent global fertilizer markets are on natural gas, sulfur, and vulnerable trade

routes,” said CEO Robin Dow . “NOP’s direct-application rock phosphate avoids these

chokepoints entirely. With no need for sulfur or chemical processing, Murdock Mountain

could become a US stable, low-energy, geopolitically insulated nutrient source at a time

when global supply chains are under unprecedented strain.”

NOP will continue to monitor global market conditions and provide updates as the

situation evolves.

Nevada Organic Phosphate Inc. (CSE: NOP) (OTCQB: NOPFF)

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

E: [email protected]

Neither the Canadian Securities Exchange nor its regulations services providers have reviewed or accept

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.