Northern Graphite Corporation (TSXV:NGC) acquired Additional 101.64 Hectares in Mousseau West graphite Project in Québec for CAD 0.0955 million on March 6, 2023. The consideration included CAD 50,000 and issued 100,000 common shares of the Company to the previous holder of the adjoining claims in order to settle litigation proceedings challenging the Minister's increase in the area of the Company's claims. The common shares issued to the previous holder of the claims in connection with the transaction are subject to a statutory four-month hold period expiring on July 15, 2023.

Northern Graphite Corporation (TSXV:NGC) completed the acquisition of Additional 101.64 Hectares in Mousseau West graphite Project in Québec on March 6, 2023.