Northern Superior Announces Receipt of Interim Court Order and Mailing of Management Information Circular

Executive Summary

• Northern Superior Resources Inc. announced a special shareholders’ meeting on December 10, 2025 to seek approval of its previously disclosed statutory plan of arrangement with IAMGOLD Corporation.
• Under the arrangement, IAMGOLD will acquire 100% of Northern Superior’s outstanding common shares in exchange for 0.0991 IAMGOLD share plus $0.19 cash per Northern Superior share, and will distribute ONGold Resources Ltd. shares held by Northern Superior to its shareholders.
• An interim order from the Supreme Court of British Columbia authorizes Northern Superior to call and conduct the meeting; closing of the transaction is expected in the weeks following shareholder approval, subject to customary conditions.

Key Details

• Special Meeting: Virtual meeting scheduled for 10:00 a.m. PT on December 10, 2025; shareholders will receive circulars by mail and can access electronic versions via SEDAR+.
• Arrangement Terms:
• IAMGOLD to acquire all Northern Superior common shares.
• Consideration per share: 0.0991 IAMGOLD common share + $0.19 cash.
• Distribution of all ONGold Resources Ltd. shares currently held by Northern Superior to its shareholders.
• Interim Court Order: Received November 10, 2025 from the Supreme Court of British Columbia, permitting the company to call and hold the special meeting.
• Closing Timeline: Expected to close in the weeks after the meeting, contingent on shareholder approval, final court order, and stock‑exchange approvals.
• Shareholder Voting: Proxy forms provided; assistance available through Computershare Investor Services (toll‑free 1‑800‑564‑6253).
• Background: Arrangement agreement dated October 19, 2025 between Northern Superior and IAMGOLD; the plan was previously announced.

Notable Quotes

(No direct quotes were included in the release.)