Nord Precious Metals Closes First Tranche of Critical Mineral Flow-Through Unit Non-Brokered Private Placement

(TheNewswire)

December 19, 2025 – TheNewswire- Nord Precious Metals Mining Inc. (TSX.V: NTH)(OTCQB: CCWOF) (FRANKFURT: QN3) (the "Company" or"Nord") announces that further itsnews release dated December 1, 2025, the Company has closed the firsttranche of a non brokered flow-through unit private placementfinancing by issuing 8,826,000 units (“FT Units”) at a price of$0.25 per FT Unit raising gross proceeds of $2,206,500. The Company also plans to issue up to an additional 7,174,000FT Units at a price of $0.25 per FT Unit raising gross proceeds of upto $1,7935,500 prior to December 31, 2025, subject to final TSXVenture Exchange (“Exchange”) acceptance.

Each FT Unit is comprised of one common share (the“Shares) and one half of one share purchase warrant (the“Warrants”) of the Corporation, whereby each whole Warrantentitles the holder to purchase an additional share for a period oftwo years from closing at a price of $0.28 per warrant share (the“Warrant Shares”), subject to  acceleration terms.

The acceleration clause of the Warrants will providethat, if, over a period of ten (10) consecutive trading days betweenthe date of issuance and the expiry of the Warrants, the daily volumeweighted average trading price of the common shares of the Corporationon the TSXV (or such other stock exchange where the majority of thetrading volume occurs) exceeds $0.36 for each of those ten (10)consecutive days, the Corporation may, at any time after such anoccurrence, give written notice (via news release) to the holders ofthe Warrants that the Warrants will expire at 4:00 p.m. (Vancouvertime) on the 30th day following the giving of notice (the"Accelerated Exercise Period") unless exercised by theholders prior to such date. Upon receipt of such notice, the holdersof the Warrants will have 30 days to exercise their Warrants. AnyWarrants which remain unexercised at 4:00 p.m. (Vancouver time) on the30th day following the giving of such notice will expire at that time. All securities issued pursuant to the Private Placement will besubject to a statutory hold period of four months and one dayfollowing the closing date of the Private placement in accordance withapplicable Canadian securities laws and the policies of theExchange.

The Corporation also agreed to pay an engagement fee toResearch Capital Corporation (the “Finder”) in the amount of$25,000 and 100,000 common shares with at a deemed value of $0.25 pershare with a 4 month and day hold period as required under applicableCanadian Securities Laws.

The Corporation also agreed to pay to the Finder non-transferrable warrants entitling the Finderor its sub-finders, as applicable, to purchase up to a total of706,080 common shares of the Company (“Finder Warrants”)and $202,770 cash in connection with the1sttranche FT Units, subject to Exchange acceptance.  Each FinderWarrant is exercisable at $0.25 per share for aperiod of two years from closing, also subject to the accelerationclause above.  The finder’s fees are subject to Exchangeapproval.

All securities issued in connection with the FT Units,Finder Shares and Finders Warrants and Finder Warrant Shares aresubject to a four-month and a day hold period in accordance withapplicable Canadian Securities laws.

The Company will use the grossproceeds from the issuance of FT unit private placement forexploration on its Castle East Project, which will incur"Canadian exploration expenses" and qualify as"flow-through critical mineral mining expenditures", assuch terms are defined in the Income Tax Act (Canada).

This press release shall not constitute an offer to sell or thesolicitation of an offer to buy nor shall there be any sale of thesecurities in the United States or in any other jurisdiction in whichsuch offer, solicitation or sale would be unlawful. The securitieshave not been registered under the United States Securities Act of 1933, as amended, and may notbe offered or sold in the United States absent registration or anapplicable exemption from the registration requirements thereunder.

Nord Precious Metals Mining Inc. operates the only permittedhigh-grade milling facility in the historic Cobalt Camp of Ontario,where the Company has established a unique position integratinghigh-grade silver discovery with strategic metals recovery operations.The Company’s flagship Castle property encompasses 63 sq. km ofexploration ground and the past-producing Castle Mine, complemented bythe Castle East discovery where drilling has delineated 7.56 millionounces of silver in Inferred resources grading an average of 8,582 g/tAg (250.2 oz/ton) in 27,400 tonnes of material from two sections (1Aand 1B) of the Castle East Robinson Zone, beginning at a verticaldepth of approximately 400 meters. Note that mineral resources thatare not mineral reserves and do not have demonstrated economicviability. Please refer to the Nord Precious Metals Press Release May27, 2020, for the resource estimate.

Nord's integrated processing strategy leverages the synergisticvalue of multiple metals. High-grade silver recovery supports theeconomics of extracting critical minerals including cobalt, nickel,and other battery metals, while the Company’s proprietary Re-2Oxhydrometallurgical process enables production of technical-gradecobalt sulphate and nickel-manganese-cobalt (NMC) formulations. Thismulti-metal approach, combined with established infrastructureincluding TTL Laboratories and underground mine access, positions Nordto capitalize on both precious metals markets and the growing demandfor battery materials.

The Company maintains a strategic portfolio of battery metalsproperties in Northern Quebec through its 35% ownership in ConiagasBattery Metals Inc. (TSXV: COS) as well as the St. Denis-Sangsterlithium project comprising 32 square kilometers of prospective groundnear 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: 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 DISSEMINATION IN THE UNITEDSTATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

Caution RegardingForward-Looking Statements

This news release may containforward-looking statements which include, but are not limited to,comments that involve future events and conditions, which are subjectto various risks and uncertainties. Except for statements of historical facts,comments that address resource potential, upcoming work programs, geological interpretations, receipt andsecurity of mineral property titles, availability of funds, and othersare forward-looking. Forward-looking statements are not guarantees offuture performance and actual results may vary materially from thosestatements. General business conditions are factors that could causeactual results to vary materially from forward-lookingstatements. The Company doesnot undertake to update any forward-looking information in this newsrelease or other communications unless required by law.

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