Nevada Organic Phosphate Accelerates Warrant Expiry to Fund Murdock Mountain Project

Nevada Organic Phosphate Inc. has elected to accelerate the expiry of 13,968,100 outstanding common share purchase warrants, moving the deadline to November 21, 2025. This decision follows the company's common shares achieving a daily volume weighted average price of at least $0.12 on the Canadian Stock Exchange for ten consecutive trading days, which triggered an Acceleration Period clause in the warrant agreements. The warrants were originally issued under financings completed between February and July 2025.

If fully exercised, these warrants could generate up to $773,405 in gross proceeds for the company. Management stated that these funds are intended to support advancement of the Murdock Mountain Project and provide general working capital. The acceleration mechanism is a common feature in warrant agreements that allows companies to encourage warrant holders to exercise their options when share prices reach predetermined levels, thereby providing immediate capital infusion.

The Murdock Mountain Project represents what the company describes as the only known large-scale organic sedimentary phosphate project in North America. Located in northeast Nevada, the project features an organic sedimentary raw rock phosphate bed measuring 6.6 kilometres long, with additional applications extending the potential strike of rock phosphate to over 30 kilometres. The property's strategic location near the main highway to Montello/Elko, Nevada, and proximity to the rail head to California provides logistical advantages for potential development and transportation.

Phosphate is a critical component in agricultural fertilizers, and organic sedimentary phosphate deposits are particularly valued for their purity and environmental characteristics. The company's focus on organic sedimentary phosphate distinguishes it from other phosphate mining operations that typically extract phosphate from igneous or metamorphic sources. This announcement comes as global demand for phosphate fertilizers continues to grow, driven by increasing agricultural production needs worldwide.

The warrant acceleration represents a significant financial development for Nevada Organic Phosphate as it seeks to advance its flagship project. The company maintains a newsroom where investors can access the latest updates and information at https://ibn.fm/NOP. The full press release detailing the warrant acceleration is available at https://ibn.fm/TePTD. This capital raising strategy through warrant acceleration allows the company to potentially secure funding without the dilution and costs associated with traditional equity offerings, while providing warrant holders with a compressed timeframe to decide whether to exercise their options.