[City, State/Province] — February 26, 2026 — Leads & Copy — Northisle Copper and Gold Inc. (TSXV: NCX) has announced a brokered public offering to raise up to approximately $100,000,350. The offering involves up to 32,787,000 common shares priced at $3.05 each.
Paradigm Capital Inc. is the lead agent and sole bookrunner, representing a syndicate of agents for the “best efforts” offering.
The company has granted the agents an option to sell up to 4,919,000 additional common shares at the same issue price, potentially generating an additional $15,002,950. This option is exercisable up to 48 hours before the closing date. The term “Brokered Offering” includes the additional common shares that may be issued on the exercise of the Agents’ Option, if any.
The offering is expected to include participation from new and existing institutional investors, as well as current cornerstone shareholders.
Northisle intends to use the net proceeds from the offerings to advance the company’s projects and for general corporate and working capital purposes.
The closing is anticipated to occur around March 6, 2026, subject to regulatory approvals, including the TSX Venture Exchange, and other standard closing conditions.
The common shares will be offered in all Canadian provinces and territories, excluding Quebec, via a prospectus supplement to the company’s short form base shelf prospectus dated February 25, 2026. Access to these documents is available through SEDAR+ at www.sedarplus.com within two business days. The shares may also be sold outside of Canada and in the United States through private placements, compliant with applicable laws and exemptions.
Copies of the shelf prospectus supplement, base shelf prospectus, and any amendments can be obtained from Paradigm Capital Inc. by email at ecm@paradigmcap.com.
The common shares have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States without registration or an applicable exemption. This announcement does not constitute an offer to sell or a solicitation to buy securities in the United States.
Northisle Copper and Gold Inc., based in Vancouver, aims to be a leading sustainable mineral resource company in Canada. Its primary asset is the North Island Project, a copper and gold porphyry project in British Columbia, owned through its subsidiary North Island Mining Corp. The North Island Project is located near Port Hardy, British Columbia on a more than 34,000-hectare block of mineral titles 100% owned by Northisle on a belt stretching 50 kilometres northwest from the now closed Island Copper Mine operated by BHP Billiton. Since 2021, the Company has discovered two significant deposits, expanded resources, demonstrated the economic potential of the project, and is now focused on the development of this compelling project while exploring within this highly prospective land package.
Northisle acknowledges that its North Island Project is located within the territories of Quatsino First Nation, Kwakiutl First Nation, and Tlatlasikwala First Nation and is committed to collaborating with these First Nations.
Source: Northisle Copper and Gold Inc.
