Nevada Organic Phosphate Launches New Website and Investor Portal

Similar Bill Moving Through U.S. Senate

Nevada Organic Phosphate Inc. (CSE: NOP) ("NOP" or the "Company), a B.C. based company engaged in the exploration, in Nevada, for organic, sedimentary raw rock phosphate, is pleased to report that phosphate has been added the Canadian Critical Minerals list, expanding the total to thirty-four materials deemed 'essential' for Canada's economic future.

Nevada Organic Phosphate Inc. (CSE: NOP) ("NOP" or the "Company), a B.C. based company engaged in the exploration, in Nevada, for organic, sedimentary raw rock phosphate, wishes to provide an update to its previously announced non-brokered private placement. Further to the Company's news release dated May 18, 2024 and due to high investor interest, the Company is increasing its target for its current private placement from $150,000 to $500,000 (the "Offering"). The Company now intends to issue an aggregate of 10,000,000 units (each a "Unit") at a price of $0.05 per Unit, with each Unit consisting of one common share of the Company (each a "Share") and one common share purchase warrant exercisable at a price of $0.10 per Share for a period of five years from the date of closing.

Nevada Organic Phosphate Inc. (CSE: NOP) ("NOP" or the "Company), a B.C. based company engaged in the exploration, in Nevada, for organic, sedimentary raw rock phosphate, is pleased to announce that, further to its news release dated March 18, 2024, it has closed the first tranche of its previously announced non-brokered private placement for gross aggregate proceeds of $164,000 (the "First Tranche") through the issuance of 3,280,000 units of the Company (each, a "Unit") at a price of $0.05 per Unit.

Each Unit consists of one common share in the capital of the Company (each, a "Share") and one Share purchase warrant (each, a "Warrant"), with each Warrant entitling the holder thereof to purchase one additional Share (each, a "Warrant Share") at a price of $0.10 per Warrant Share for a period of sixty months following the date of issuance.

Nevada Organic Phosphate Inc. (CSE: NOP) ("NOP" or the "Company), a B.C. based company engaged, in Nevada, in exploration for organic, sedimentary raw rock phosphate, announces that on May 10, 2024 and May 24, 2024, an aggregate of 27,575,240 warrants exercisable to purchase the same number of common shares of NOP at a price of $0.10 have expired in accordance with the applicable provisions of the warrant certificates related thereto.

In addition, as a result of the expiration of the 27,575,240 warrants outstanding since 2022, NOP is providing the below updated capitalization table on a fully diluted basis.

Nevada Organic Phosphate Inc. (CSE: NOP) ("NOP" or the "Company) a B.C. based company engaged, in Nevada, in exploration for organic, sedimentary raw rock phosphate, is pleased to report that it has been advised by Westland, its Environmental Consultant, that the Administrative Draft of the Murdock Mountain EA was submitted to the BLM in Reno on March 8. It was then sent to the BLM team in WellsElko on March 12. Upon the request of the BLM field manager, the review period for the EA will go until April 5. Hopefully, the draft will be published for public comment by mid-April, or shortly thereafter. The public consultation should take about 30 days. The BLM can then elect to issue to NOP its Exploration Permit which will let NOP start its drill programme.