Northern Silicon Closes Financing

Northern Silicon International Inc. (“NSI”) is pleased to announce it has closed its non-brokered private placement (the “Financing”) for aggregate gross proceeds of $1,000,000. The Financing consisted of 20,000,000 units (the “Units”) at a price of $0.05 per Unit. Each Unit consists of one common share and one full common share purchase warrant (a “Warrant”) with each Warrant entitling the holder to acquire an additional common share at an exercise price of $0.05 until October 7, 2030.

The proceeds of the Financing will be used to investigate new business opportunities and for general working capital purposes.

Certain insiders of NSI acquired an aggregate of 1,320,000 Units pursuant to the Financing and as such a portion of the Financing is considered a related party transaction with the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The independent directors of NSI determined that the participation by insiders is exempt from the formal valuation and minority shareholder approval requirements under MI 61-101 in reliance on the exemptions set forth in sections 5.5(b) and 5.7(1)(b) of MI 61-101. NSI did not file a material change report more than 21 days before the expected closing of the Financing because the details of the participation therein by related parties of NSI were not settled until shortly prior to closing of the Financing and the parties wished to close on an expedited basis for business reasons.

All securities issued in connection with the Financing are subject to a four-month-and-one-day statutory hold period expiring on February 8, 2026.

ON BEHALF OF THE BOARD OF DIRECTORS:

David Patterson

CEO and Director