Corrected: Nord Announces MCTO Status Update
(TheNewswire)
June 12, 2025 – TheNewswire - Coquitlam, BC, Nord Precious Metals Mining Inc., (TSXV: NTH) (OTCQB: CCWOF) (Frankfurt: 4T9B)(the "Company" or "Nord) is providing this bi-weekly update on the status of themanagement cease trade order issued May 1, 2025 (the" MCTO ")concerning the delay of the filing of its annual financial statementsin respect of its year ended December 31, 2024, its managementdiscussion and analysis relating to its annual financial statements,and the CEO and CFO certifications (Collectively the “AnnualFilings”) , beyond the prescribed deadline of June 30, 2025.Subsequently the Company will also be required to file it Q1 interimfinancial statements in respect of its 3-month period ended March 31,2025, its management discussion and analysis relating to its 3-monthperiod, and the CEO and CFO certifications (collectively, the" Interim Filings. ")
The MCTO will stay in effect until both the Annual andInterim Filings are filed and the Company intends to satisfy theprovisions of the alternative information guidelines in accordancewith National Policy 12-203 - Management CeaseTrade Orders (" NP12-203 ") by issuing bi-weekly defaultstatus reports in the form of news releases until the situation issatisfactorily rectified.
The Company confirms that since the date of theAnnouncement, (a) other than as described herein, there have been nochanges to the information contained in the Announcement that wouldreasonably be expected to be material to shareholders, (b) there havebeen no failure by the Company in fulfilling its stated intentionswith respect to satisfying the provisions of the alternativeinformation guidelines as set out in NP 12-203, (c) there has not beenany other subsequent specified default by the Company following theAnnouncement under NP 12-203, and (d) there is no other materialinformation concerning the affairs of the Company that has not beengenerally disclosed.
The Company and its auditors continue to workdiligently toward completing the Annual Filings as soon as possibleand will file its Q1 interim Filings within five days of the Annualfilings. The Company confirms that it intends to satisfy theprovisions of NP 12-203 and will continue to issue bi-weekly MCTOstatus reports until the Company files the Required Filings.
About Nord Precious Metals MiningInc.
Nord Precious Metals Mining Inc. operates the onlypermitted high-grade milling facility in the historic Cobalt Camp ofOntario, where the Company has established a unique positionintegrating high-grade silver discovery with strategic metals recoveryoperations. 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 hasdelineated 7.56 million ounces of silver in Inferred resources gradingan average of 8,582 g/t Ag (250.2 oz/ton).
Nord's integrated processing strategy leverages thesynergistic value of multiple metals. High-grade silver recoverysupports the economics of extracting critical minerals includingcobalt, nickel, and other battery metals, while the company'sproprietary Re-2Ox hydrometallurgical process enables production oftechnical-grade cobalt sulphate and nickel-manganese-cobalt (NMC)formulations. This multi-metal approach, combined with establishedinfrastructure including TTL Laboratories and underground mine access,positions Nord to capitalize on both precious metals markets and thegrowing demand for battery materials.
The Company maintains a strategic portfolio of batterymetals properties in Northern Quebec including its 35% ownership inConiagas Battery Metals Inc. (TSXV: COS) as well as the St.Denis-Sangster lithium project comprising 260 square kilometers ofprospective 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: waynecheveldayoff@gmail.com
Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.
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 ofhistorical facts, comments that address resource potential, upcomingwork programs, geological interpretations, receipt and security ofmineral property titles, availability of funds, and others areforward-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-looking statements. The Company does notundertake to update any forward-looking information in this newsrelease or other communications unless required by law.
Copyright (c) 2025 TheNewswire - All rights reserved.
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