Northisle Provides Business Review and Evaluation and Action Plan for 2026

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Cautionary Note Regarding Disclosure of Historical Assets

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This news release contains information about nearby historic buildings and deposits. Investors are cautioned that adjacent mineral deposits or systems, or past historical mining operations, do not necessarily imply and do not prove the existence, nature or extent of mineral deposits in the North Island Project.

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Cautionary Statements Regarding Forward-Looking Information

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Certain information in this news release includes forward-looking statements under applicable securities law. Any statements contained in this news release that are not statements of historical fact may be considered forward-looking statements. Forward-looking statements are often identified by words such as “may”, “should”, “anticipate”, “anticipate”, “intend” and similar expressions. Forward-looking statements in this press release include, but are not limited to: plans and expectations regarding the 2026 pilot program; plans and expectations regarding future project development; time for important catalysts; planned activities, including additional drilling, at the North Island Project; audit activities anticipated by the Company; planned team additions to the Company; and the Company’s plans to develop the North Island Project. Forward-looking statements involve known and unknown risks, including, without limitation, the Company’s ability to implement its business strategies; risks associated with mineral exploration and production; risks associated with general economic conditions; adverse industrial events; engagement with stakeholders; marketing and transportation costs; loss of markets; commodity price volatility; inability to obtain sufficient funds from internal and external sources, and/or inability to obtain sufficient funds on favorable terms; industry and government regulation; changes in law, income tax and regulatory matters; competition; currency fluctuations and interest rates; and other dangers. Readers are cautioned that the above list is not exhaustive.

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Readers are also cautioned not to place undue reliance on forward-looking statements because there can be no assurance that the plans, goals, or expectations set forth will materialize. Such information, although management believes it to be relevant at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

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The forward-looking statements contained in this news release represent Northisle’s management’s expectations as of the date of the news release and, accordingly, may change after that date. Northisle does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.

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Neither the TSX Venture Exchange nor its Legal Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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