Nord Precious Metals Announces Appointment of CFO

(TheNewswire)

Vancouver, B.C. — January16, 2026 — TheNewswire - Nord Precious MetalsInc. (“Nord” or the "Company") (TSXV: NTH, OTCQB: CCWOF,FF: QN3) is pleased to announce that Heidi Gutte hasbeen appointed as Chief Financial Officer of the Company effectiveJanuary 15, 2026, replacing the Company’s CFO, Robert Suttie.

Heidi Gutte has over 15 years of experience withpublicly-traded mineral exploration and mining companies. Shespecializes in corporate finance, IFRS financial reporting, auditpreparation and response, tax optimization, and corporate compliancefor the mineral exploration and junior mining sector. Ms. Gutte holdsa bachelor's degree in computer engineering from the Universityof Applied Sciences in Brandenburg, Germany. She is a CharteredProfessional Accountant and a member of Chartered ProfessionalAccountants of British Columbia and Canada.

The Company thanks Mr. Suttie for his contributions tothe Company and wishes him well in his future endeavors.

About Nord Precious Metals MiningInc.

Nord Precious Metals Mining Inc. operates TTL Laboratories, the onlypermitted high-grade milling facility in the historic Cobalt Camp ofOntario, where the Company has established an integrated positionconnecting high-grade silver discovery with strategic metals recoveryoperations.

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 million ounces ofsilver in Inferred resources grading an average of 8,582 g/t Ag (250.2oz/ton) in 27,400 tonnes of material from two sections (1A and 1B) ofthe Castle East Robinson Zone, beginning at a vertical depth ofapproximately 400 metres. Mineral resources that are not mineralreserves do not have demonstrated economic viability. Please refer tothe Nord Precious Metals Press Release of May 27, 2020, for theresource estimate.  The above resource is now considered anhistorical resource. Insufficient work has been done to categorize theabove historical estimate as current. Significant additional diamonddrilling and analytical work along with modelling is required before anew resource estimate can be compiled.

Nord's integrated processing strategy enables multiple metalrecovery streams. High-grade silver recovery supports the economics ofextracting critical minerals including cobalt, nickel, and otherbattery metals. The Re-2Ox hydrometallurgical process, validated atpilot scale through SGS Lakefield, eliminates the typical arsenicbarriers in complex silver-cobalt ores while producing battery-gradecobalt sulphate and other metal products to customer specifications.This multi-metal approach, combined with established infrastructureincluding TTL Laboratories and underground mine access, positions Nordwithin Ontario's emerging critical minerals supply chain.

The Company maintains a strategic portfolio of battery metalsproperties in Northern Quebec including its 35% ownership in ConiagasBattery Metals Inc. (TSXV: COS), as well as the St. Denis-Sangsterlithium project comprising 32 square kilometres of prospective groundnear Cochrane, Ontario.

More information is available at www.nordpreciousmetals.com.

For further information pleasecontact:

Frank J. Basa, P.Eng.

Chief Executive Officer

416-625-2342

or

Wayne Cheveldayoff

Corporate Communications

P: 416-710-2410

E: waynecheveldayoff@gmail.com

Forward-Looking Statements

This news release contains statements that constitute"forward-looking statements." Such forward-lookingstatements involve known and unknown risks, uncertainties and otherfactors that may cause the Company's actual results, performanceor achievements, or developments in the industry to differ materiallyfrom the anticipated results, performance or achievements expressed orimplied by such forward-looking statements.

Forward-looking statements are statements that are not historicalfacts and are generally, but not always, identified by the words"expects," "plans," "anticipates,""believes," "intends," "estimates,""projects," "potential" and similar expressions,or that events or conditions "will," "would,""may," "could" or "should" occur.

Forward-looking statements in this document include statementsregarding: the expectation that the Company will receive Exchangeapproval for the Proposed Transaction; the potential for silverrecovery from tailings; the Company's processing capabilities andintegrated strategy; and the anticipated benefits of Ontario'sregulatory and funding frameworks.

Although the Company believes the forward-looking informationcontained in this news release is reasonable based on informationavailable on the date hereof, by their nature forward-lookingstatements involve known and unknown risks, uncertainties and otherfactors which may cause actual results, performance or achievements,or other future events, to be materially different from any futureresults, performance or achievements expressed or implied by suchforward-looking statements.

Examples of such assumptions, risks and uncertainties include, withoutlimitation, assumptions, risks and uncertainties associated with:general economic conditions; adverse industry events; futurelegislative and regulatory developments; the Company's ability toaccess sufficient capital from internal and external sources;inability to access sufficient capital on favourable terms; theability of the Company to implement its business strategies;competition; the ability of the Company to obtain and retain allapplicable regulatory and other approvals; commodity pricefluctuations; and other assumptions, risks and uncertainties.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWSRELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OFTHIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCHDATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKINGINFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHERDATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATETHIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED INACCORDANCE WITH APPLICABLE LAWS.

Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.

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