December 19, 2025 TheNewswire – Nord Precious Metals Mining Inc. (TSX.V: NTH) (OTCQB: CCWOF) (FRANKFURT: QN3) (the “Company” or “Nord”) announces that, further to its press release dated December 1, 2025, the Company has closed the first tranche of a non-brokered private placement financing for flow-through units by issuing 8,826,000 units (“FT Units”) at a price of $0.25 per FT unit, producing gross proceeds of $2,206,500. The Company also plans to issue up to 7,174,000 FT Units at a price of $0.25 per FT Unit prior to December 31, 2025, generating gross proceeds of up to $1,7935,500, subject to final acceptance by the TSX Venture Exchange (“Exchange”).
Each FT Unit consists of one common share (the “Shares”) and one-half of one warrant to purchase shares (the “Warrants”) of the Company, with each whole Warrant entitling the holder to purchase an additional share for a period of two years from closing at a price of $0.28 per warrant share (the “Warrant Shares”), subject to accelerated terms.
The acceleration clause of the Warrants will provide that, if during a period of ten (10) consecutive trading days between the date of issuance and the expiration of the Warrants, the daily volume weighted average trading price of the Company’s common stock on the TSXV (or other exchange where the majority of the trading volume occurs) exceeds $0.36 for each of such ten (10) consecutive days, the Company shall at any time after such event give written notice (via press release) may give notice to the holders of the Warrants that the Warrants will expire at 4:00 p.m. (Vancouver time) on the 30th day following the notice (the “Accelerated Exercise Period”), unless exercised by the holders before that date. After receiving such notice, the holders of the Warrants have 30 days to exercise their Warrants. Any Warrants that have not been exercised by 4:00 p.m. (Vancouver time) on the 30th day after the giving of such notice will expire at that time. All securities issued pursuant to the Private Placement will be subject to a statutory hold period of four months and one day after the closing date of the Private Placement, in accordance with applicable Canadian securities laws and the policies of the Exchange.
The Corporation also agreed to pay an assignment fee to Research Capital Corporation (the “Finder”) in the amount of $25,000 and 100,000 shares of common stock with an estimated value of $0.25 per share with a holding period of four months and days as required under applicable Canadian securities laws.
The company also agreed to pay to the Finder non-transferable warrants entitling the Finder or its sub-finders, if any, to purchase up to an aggregate of 706,080 common shares of the Company (“Finder Warrants”) and $202,770 cash related to the 1st tranche of FT units, subject to acceptance of the exchange. Every Finder command is exercisable at $0.25 per share for a period of two years from closing, also subject to the acceleration clause above. Finder’s fees are subject to Exchange approval.
All securities issued in connection with the FT Units, Finder Shares and Finders Warrants and Finder Warrant Shares are subject to a hold period of four months and one day in accordance with applicable Canadian securities laws.
The company will use the gross proceeds from the issuance of a private placement of FT units for exploration of the Castle East Project, which Incur and qualify “Canadian exploration costs” as “flow-critical mining expenditures” as such terms are defined in the Income Tax Act (Canada).
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. The securities are not registered under the US Securities Act of 1933as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements thereunder.
Nord Precious Metals Mining Inc. operates the only permitted high-grade milling facility at Ontario’s historic Cobalt Camp, where the company has achieved a unique position by integrating high-grade silver discovery with strategic metal recovery activities. The company’s flagship Castle property includes 63 square kilometers of exploration land and the past producing Castle Mine, complemented by the Castle East discovery, where drilling has identified 7.56 million ounces of silver in inferred resources, representing an average of 8,582 g/t Ag (250.2 oz/ton) in 27,400 tons of material from two sections (1A and 1B) of the Castle East Robinson Zone, starting at a vertical depth of approximately 400 meters. Please note that mineral resources are not mineral reserves and have not demonstrated economic viability. Please refer to Nord Precious Metals press release dated May 27, 2020 for resource estimate.
Nord’s integrated processing strategy leverages the synergistic value of multiple metals. High-quality silver mining supports the economics of extracting critical minerals including cobalt, nickel and other battery metals, while the company’s proprietary Re-2Ox hydrometallurgical process enables the production of technical-grade cobalt sulfate 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 the precious metals markets and growing demand for battery materials.
The company maintains a strategic portfolio of battery metal properties in Northern Quebec through its 35% interest in Coniagas Battery Metals Inc. (TSXV: COS) and the St. Denis-Sangster lithium project which includes 32 square kilometers of prospective land near Cochrane, Ontario.
More information is available at www.nordpreciousmetals.com.
“Frank J. Basa” Frank J. Function, P. Scary.
Chief Managerial Officer
For more information, contact:
Frank J. Basa, P.Eng. General manager 416-625-2342
or:
Wayne Cheveldayoff, Corporate Communications T: 416-710-2410
E: waynecheveldayoff@gmail.com
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.
NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISTRIBUTION TO US WIRE SERVICES
Caution Regarding Future-oriented Statements
This press release may contain forward-looking statements, including, but not limited to, statements regarding future events and circumstances, which are subject to various risks and uncertainties. Except statements by historical facts, comments That address source potential, expectant 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 and actual results may differ materially from those statements. General business conditions are factors that could cause actual results to differ materially from forward-looking statements. The Company undertakes no obligation to update any forward-looking information contained in this press release or other communications except as required by law.
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