NorthIsle arranges $100-million public offering

Executive Summary

• NorthIsle Copper and Gold Inc. has entered into an agreement for a best effort public offering with gross proceeds of up to approximately $100 million.
• The financing is led by Paradigm Capital Inc. as the sole bookrunner for a syndicate of agents.
• Proceeds will be used for project advancement and general corporate/working capital purposes.

Key Details

• Transaction Structure: Best effort public offering via prospectus supplement to the company's short form base shelf prospectus dated Feb. 25, 2026.
• Lead Agent/Sole Bookrunner: Paradigm Capital Inc.
• Gross Proceeds (Base): Up to approximately $100,000,350.
• Share Quantity (Base): Up to 32,787,000 common shares.
• Issue Price: $3.05 per common share.
• Over-Allotment Option: Agents have an option to sell up to 4,919,000 additional common shares at the issue price.
• Over-Allotment Proceeds: Up to $15,002,950 in additional aggregate gross proceeds.
• Option Exercise Deadline: Not later than 48 hours prior to the closing date.
• Use of Proceeds: Advancement of the company's projects and for general corporate and working capital purposes.
• Investor Participation: Anticipated participation from new and existing fundamental institutional investors and existing cornerstone shareholders.
• Closing Date: Expected on or about March 6, 2026, or other agreed date.
• Regulatory Conditions: Subject to receipt of all necessary regulatory approvals, including TSX Venture Exchange approval, and other customary closing conditions.
• Jurisdiction: Offered in all Canadian provinces and territories except Quebec; may also be sold outside Canada and in the US on a private placement basis.

Notable Quotes

• None provided in the text.