Nord Precious shareholders approve AGM resolutions

Jul 16, 2025

2025-07-15 19:43 ET – News Release

Mr. Frank Basa reports

NORD PRECIOUS METALS AGM RESULTS

Nord Precious Metals Mining Inc.’s annual general meeting was held today, Tuesday, July 15, 2025, and all resolutions proposed to the shareholders were approved, with 99.24 per cent or more voting in favour in all categories. The resolutions approved are as follows:

The following individuals were re-elected directors of the company: Frank J. Basa, Matthew Halliday and Daniel Barrette.
SHIM & Associates LLP, charted professional accountants, was appointed as the company’s auditor.
The adoption of the company’s 10-per-cent rolling share option plan was ratified and approved.

The board of directors appointed the following officers of the company for the ensuing year:

Mr. Basa as president and chief executive officer;
Robert Suttie as chief financial officer;
Tina Whyte as corporate secretary.

Mr. Basa, Mr. Halliday and Mr. Barrette were reappointed as members of the audit committee for the upcoming year.

About Nord Precious Metals Mining Inc.

Nord Precious (formerly Canada Silver Cobalt Works Inc.) recently discovered a major high-grade silver vein system at Castle East, located 1.5 kilometres from its 100-per-cent-owned, past-producing Castle mine near Gowganda in the prolific and world-class silver-cobalt mining district of Northern Ontario. The company has completed a 60,000-metre drill program aimed at expanding the size of the deposit with an update to the resource estimate under way.

In May, 2020, based on a small initial drill program, the company published the region’s first National Instrument 43-101 resource estimate, which contained a total of 7.56 million ounces of silver in inferred resources, comprising very high-grade silver (8,582 grams per tonne (g/t) uncut or 250.2 ounces per ton (oz/t)) in 27,400 tonnes of material from two sections (1A and 1B) of the Castle East Robinson zone, beginning at a vertical depth of approximately 400 metres. Note that mineral resources that are not mineral reserves and do not have demonstrated economic viability. Please refer to the Nord (previously Canada Silver Cobalt Works) news release May 28, 2020, for the resource estimate (report reference: M. Rachidi, 2020, “NI 43-101 Technical Report Mineral Resource Estimate for Castle East, Robinson Zone, Ontario, Canada,” with an effective date of May 28, 2020, and a signature date of July 13, 2020).

The company also has: (1) 14 battery metals properties in Northern Quebec, where it has recently completed a nearly 16,000-metre drill program on the Graal property, which has since been spun out into Coniagas Battery Metals Inc. (Nord owns 39 per cent of the Coniagas shares.); and (2) the St. Denis-Sangster lithium project, 260 square kilometres of greenfield exploration ground with numerous pegmatites focused along a significant volcanic sedimentary rock-Archean granite contact near Cochrane, Ont., contiguous to Power Metals’ Case Lake lithium properties.

Nord’s silver-cobalt Castle mine and 78-square-kilometre Castle property feature strong exploration upside for silver, cobalt, nickel, gold and copper. With underground access at the fully owned Castle mine, an exceptional high-grade silver discovery at Castle East, a pilot plant to produce cobalt-rich gravity concentrates, a processing facility (TTL Laboratories) in the town of Cobalt, and a proprietary hydrometallurgical process known as Re-2Ox (for the creation of technical-grade cobalt sulphate, as well as nickel-manganese-cobalt (NMC) formulations), Nord is strategically positioned to become a Canadian leader in the silver-cobalt space.

We seek Safe Harbor.

https://www.nordpreciousmetals.com/