Northern Graphite Grants Stock Options To Non-Executive Directors

(MENAFN- Newsfile Corp) Ottawa, Ontario--(Newsfile Corp. - December 9, 2025) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG) (the " Company " or " Northern ") announces that, as part of the compensation of its Non-Executive Directors, it has granted a total of 2,860,000 stock options of the Company to Non-Executive Directors. The stock options will vest immediately, are exercisable at $0.20 per share and will expire on December 5, 2030.

"Our Board has been steadfast in its support as we position Northern Graphite for growth across our assets to pursue our integrated mine-to-battery strategy. The stock option grant recognizes their efforts and their confidence in the long-term value we are building," said Northern Chief Executive Officer Hugues Jacquemin.

About Northern Graphite

Northern is a Canadian, TSX Venture Exchange listed company that is the only flake graphite producing company in North America. Northern is focused on becoming a world leader in producing natural graphite and upgrading it into high-value products critical to the green economy, including anode material for lithium-ion batteries/EVs, fuel cells and graphene, as well as advanced industrial technologies. The Company's mine-to-battery strategy is spearheaded by its Battery Materials Group, which has a fully equipped, state-of-the-art laboratory in Frankfurt. Northern's graphite assets include the producing Lac des Iles mine in Quebec, where the Company plans to increase output to meet growing demand from industrial customers and coming demand from North American battery makers. The Company also owns the large-scale, advanced stage Bissett Creek graphite project in Ontario and the fully permitted Okanjande graphite mine in Namibia, which is currently on care and maintenance and represents an opportunity to substantially increase graphite production at a lower cost and with a shorter time to market than most competing projects. All projects have "battery quality" graphite and are located close to infrastructure in politically stable jurisdictions.

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