Horetzky Copper Project

Northern Lights Resources has secured the right to acquire a 100% interest in the Horetzky Copper Project through a structured agreement designed to align with the Company’s exploration and development strategy.

Key Terms of the Agreement:

• Acquisition Terms: Northern Lights will acquire its interest by paying $5,000 in cash, issuing 7,500,000 shares, and completing $1,000,000 in exploration expenditures over a three-year period.
• Milestone-Based Payments:
  • An additional $125,000 or 1,250,000 shares (at the option of Kreft) will be due within 30 days of publicly disclosing an inferred or greater mineral resource estimate in accordance with CIM definitions, with a minimum threshold of 1,000,000 ounces of gold or gold equivalent.
  • A further $125,000 or 1,250,000 shares (at the option of Kreft) will be due upon the earlier of completing 5,000 meters of drilling or by October 15, 2028.
• Royalty Structure: The property is subject to a 2.5% Net Smelter Return (NSR), 40% of which can be repurchased for $2,000,000 at any time prior to the commencement of commercial production.

This acquisition structure underscores Northern Lights Resources’ commitment to advancing high-potential assets while maintaining a disciplined financial approach. The strategic terms provide flexibility and incentivize the discovery and development of significant mineral resources, ensuring long-term value creation for investors.