NorthIsle Copper and Gold Inc. announced a non-brokered private placement of common shares at a price CAD 0.28, flow-through common shares at a price CAD 0.35, charity flow-through common shares at a price CAD 0.448, critical minerals charity flow-through common shares at a price of CAD 0.476 per common share, for gross proceeds of approximately CAD 5,000,000 on December 7, 2023. The Offering is non-brokered; however, the Company may pay finder's fees in connection with the Offering accordance with the rules and policies of the TSX Venture Exchange. The Placement is subject to the completion of formal documentation and receipt of all necessary regulatory approvals, including the approval of the TSX-V. The Shares issued pursuant to this Offering will be subject to a hold period expiring four months and one day from the date of issuance in accordance with applicable Canadian securities laws.

Certain insiders of the Company intend to participate in the Offering.