On December 21, 2023 NorthIsle Copper and Gold Inc closed the transaction. The company issued 1,511,400 common shares of the Company at a price of CAD 0.28 per common share for gross proceeds of CAD 423,192, 1,883,200 flow through common shares at a price of CAD 0.35 per FT share for gross proceeds of CAD 659,120, 4,500,000 charity flow-through common shares at a price of CAD 0.448 per CFT Share for gross proceeds of CAD 2,016,000 and 6,978,500 critical minerals charity flow-through common shares at a price of CAD 0.476 for gross proceeds of CAD 3,321,766 resulting to aggregate gross proceeds of CAD 6,420,078. The transaction will include participation from Dale Corman (Chairman), Sam Lee (President & CEO), Nicholas Van Dyk (CFO & Corporate Secretary), Ian Chang (VP Project Development) and Martino De Ciccio (Director) (collectively, the ?Interested Persons?) for 107,400 Common Shares and 1,342,800 FT Shares.

The company paid finder's fees of CAD 181,608. 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. The TSX Venture Exchange has accepted for filing documentation with respect to a non- brokered private placement announced on December 7, 2023.

The transaction included participation from 16 placees and five insiders