Northisle Announces Results of Annual General Meeting

VANCOUVER, British Columbia, July 2, 2024–(BUSINESS WIRE)–Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce that all resolutions proposed at its annual general meeting of shareholders were duly adopted by an overwhelming majority of shareholders.

The results for each of the questions put to the vote at the meeting are presented below:

RESOLUTION	VOTE FOR	% FOR	VOTES ABSTAINED/AGAINST	% RETAINED/AGAINST
Number of directors set at 5	74 537 863	99.92%	57,749	0.08%
Elect as administrator:
Sam Lee	66 021 831	99.95%	36 269	0.05%
Dale Corman	66 018 498	99.94%	39,602	0.06%
Martino De Ciccio	64 791 913	98.08%	1,266,187	1.92%
Keena Hicken-Gaberria	65 164 868	98.65%	893 232	1.35%
Kevin O’Kane	65,777,049	99.57%	281 051	0.43%
Appointment of auditors	74 580 002	99.98%	15,611	0.02%
Renewal of the options plan	65 287 309	98.83%	770 791	1.17%

About Northisle

Northisle Copper and Gold Inc. is a Vancouver-based company with a mission to become Canada’s leading sustainable mineral resource company for the future. Northisle, through its wholly-owned subsidiary North Island Mining Corp., owns the North Island Project, which is one of Canada’s most prospective copper-gold porphyry projects. The North Island Project is located near Port Hardy, British Columbia, on a 34,000+ hectare block of mining claims 100% owned by Northisle and extending 50 kilometres northwest of the now-closed Island Copper Mine operated by BHP Billiton. Northisle completed an updated Preliminary Economic Assessment for the North Island Project in 2021 and is now focused on the continued advancement of the exploration project in this highly prospective territory.

For more information about Northisle, please visit the company’s website at www.northisle.ca.

Cautions Regarding Forward-Looking Information

Certain information contained in this press release constitutes forward-looking statements within the meaning of applicable securities laws. All statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by words such as “may,” “should,” “anticipates,” “expects,” “intends” and similar expressions. Forward-looking statements contained in this press release include, but are not limited to, plans and expectations regarding the 2024 exploration program; timing of key catalysts; planned activities, including additional drilling, at the North Island Project; the Company’s planned exploration activities; and the Company’s plans for advancing the North Island Project. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, Northisle’s ability to implement its business strategies; risks associated with mineral exploration and production; risks associated with general economic conditions; adverse industry events; stakeholder engagement; marketing and transportation costs; loss of markets; commodity price volatility; inability to access sufficient capital from internal and external sources and/or inability to access sufficient capital on favorable terms; industry and government regulation; changes in laws, income taxes and regulations; competition; fluctuations in foreign exchange and interest rates; and other risks. Readers are cautioned that the foregoing list is not exhaustive.

Readers are also cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be inaccurate and actual results may differ materially from those anticipated. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release represent the expectations of Northisle’s management as of the date of this press release and, accordingly, are subject to change after such date. Northisle undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240702836287/en/

Contacts

On behalf of Northisle Copper and Gold Inc.

Nicolas Van Dyk, CFA
Financial director
Tel: (604) 638-2515
Email: [email protected]
www.northisle.ca