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NTH.V ·

Filing of Application FOR Management Cease Trade Order

Listings & Exchange Regulatory & Compliance

FILING OF APPLICATION FOR MANAGEMENT CEASE TRADE ORDER

May 1, 2025 – Coquitlam, BC, Nord Precious Metals Mining Inc., (TSXV: NTH) (OTCQB: CCWOF) (Frankfurt:

4T9B) (the "Company" or "Nord” or “Nord Precious Metals”), announces today that it has missed its filing

deadline of April 30, 2025, to file its audited annual financial statements and accompanying management's

discussion and analysis and related CEO and CFO certificates for the year ended December 31, 2024

(collectively, the “Annual Filings”), as required under applicable Canadian securities laws.

In connection with the Company's inability to file the Annual Filings on time, the Company ha d applied for

a Management Cease Trade Order (“MCTO”) under National Policy 12 -203 – Management Cease Trade

Orders (“NP 12-203”) and the request was approved by the British Columbia Securities Commission . The

Company applied for the MCTO as a result of a change of auditor, in April 2025, and audit requirements

resulting from complex transactions experienced by the Company due to its spin-out. This has impacted the

Company’s ability to complete its audited annual financial statements and has consequently caused a delay

in completion of the Annual Filings. Although the Company remains confident in its ability to complete the

2024 Filings, it requires an extension and has therefore applied for the MCTO. In particular, the Company is

coordinating specific tasks to be completed on a daily basis and will use its best efforts to complete the

process within this timeline. The Company anticipates that, subject t o current conditions remaining the

same, it will require approximately four to six additional weeks to complete the process and will use its best

efforts to complete the process within the timeline indicated.

The Company expects to file the Annual Filings as soon as they are available, but in any event no later than

June 30, 2025.

Until the Company files the Annual Filings, it will comply with the alternative information guidelines set out

in NP 12 -203. The guidelines, among other things, require the Company to issue bi -weekly default status

reports, in the form of news releases, for so long as the Annual Filings have not been filed.

During the MCTO, the general investing public will continue to be able to trade in the Company’s common

shares listed on the Canadian Securities Exchange. However, the Company’s Chief Executive Officer and

Chief Financial Officer and such other directors, officers and persons as determined by the applicable

regulatory authorities will not be able to trade in the Company’s shares, nor will the Company be able to,

directly or indirectly, issue securities to or acquire securities from an insider or employee of the Company

until such time as the Annual Filings and all continuous disclosure requirements have been filed by the

Company, and the MCTO has been lifted.

The Company confirms as of the date of this news release that there is no insolvency proceeding against it

and there is no other material information concerning the affairs of the Company that has not been generally

disclosed.

Nord Precious Metals Mining Inc.

3028 Quadra Court

Coquitlam, B.C., V3B 5X6

www.nordpreciousmetals.com.

Page 2 of 2

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 delin eated 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.

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

E: [email protected]

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 a nd 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.