Torex Completes its Option of Medicine Springs; Northern Lights Retains 1% Royalty

Vancouver, BC – TheNewswire - March 9, 2026 – Northern Lights Resources Corp. (CSE: NLR) (OTC: NLRCF),(“Northern Lights” or the “Company”) is pleased to announce that Torex Gold Resources Inc. (TSX: TXG) has exercised its option to acquire a 100% interest in the Medicine Springs project (the “Project”) located in Nevada, USA. Northern Lights will retain a 1% Net Smelter Return (“NSR”) royalty on the Project, providing exposure to potential future production with no further capital commitments. The NSR royalty includes a buydown provision, allowing Torex to reduce the royalty to 0.5% upon payment of US$2.5 million to Northern Lights.