NORTH ARROW ANNOUNCES $3 MILLION NON-BROKERED PRIVATE PLACEMENT FINANCING

Executive Summary

• North Arrow Minerals Inc. announced a CAD $3,000,000 non‑brokered private placement of up to 12,500,000 units at $0.24 per unit.
• Each unit consists of one common share and half of a warrant; each full warrant allows purchase of one additional share at $0.36 for 24 months after closing.
• Proceeds are earmarked to fund exploration activities on the Kraaipan Gold Project and general corporate purposes, with expected closing in February 2026 pending regulatory approvals.

Key Details

• Offering Size: CAD $3,000,000 total gross proceeds.
• Units Offered: Up to 12,500,000 units at $0.24 per unit.
• Unit Composition:
• 1 common share (“Unit Share”).
• ½ of a common‑share purchase warrant (full warrant = right to buy 1 share at $0.36).
• Warrant Terms: Exercisable for 24 months after the offering’s completion at an exercise price of $0.36 per share.
• Advisor: SCP Resource Finance acted as advisor to the Company.
• Closing Timeline: Anticipated closing in February 2026, subject to final documentation and TSX Venture Exchange approval.
• Statutory Hold Period: Unit shares and warrants will be subject to a four‑month hold period under Canadian securities law.
• Use of Proceeds: Primarily to advance exploration on the Kraaipan Gold Project; remainder for general corporate purposes.
• Potential Fees: Company may pay commissions and finders’ fees in accordance with TSX Venture Exchange policies.

Notable Quotes

“We are pleased to announce this financing, which will provide essential capital to accelerate our exploration program at the Kraaipan Gold Project,” – Eira Thomas, President and CEO.