Nevada Organic Phosphate Increases Unit Offering to $4.75 Million
NOP PR #26-24
Not for distribution to U.S. news wire services or dissemination in the United States.
Nevada Organic Phosphate Increases Unit
Offering to $4.75 Million
Vancouver, British Columbia, May 15, 2026, Nevada Organic Phosphate Inc. (“NOP”
or the “Company”) (CSE: NOP) (OTCQB: NOPFF), a B.C. based leader in organic
sedimentary phosphate exploration, is pleased to announce that further to its news
release dated May 13, 202 6; due to high investor interest and to accommodate
oversubscriptions, it has increased its previously announced non -brokered private
placement (the “Offering”) for gross aggregate proceeds of up to $4,750,000 through the
issuance of up to 26,388,888 units of the Company (each, a “ Unit”) at a price of $0. 18
per Unit. The Company is finalizing commitments already received and pending receipt
of the subscription agreements and funds related thereto, int ends to close the Offering
next Friday May 22, 2026.
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 $0.30 per Warrant Share for a period of thirty -six months
following the date of issuance.
The aggregate proceeds of the Offering are anticipated to be used for a phase two drill
program at the Company’s Murdock Property and for general working capital. 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.
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 or the East
Coast.
For More Information
Robin Dow, CEO
T: 604.355.9986
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.