Northern Lights' Medicine Springs NSR Royalty to be Acquired for US$2.2 Million

Vancouver, British Columbia – April 2, 2026 – TheNewswire – Northern Lights Resources Corp. (“Northern Lights” or the “Company”) (CSE: NLR) (OTC: NLRCF) (FSE: 0ZH0) is pleased to announce that it has entered into a definitive agreement dated April 1, 2026 (the “Agreement”) with an indirect wholly owned subsidiary of Torex Gold Resources Inc. (“Torex”) for the sale of the Company's 1% Net Smelter Return (“NSR”) royalty on the Medicine Springs Project (the “Project”), located in Elko County, Nevada, USA, for total cash consideration of US$2,200,000 (the “Transaction”). Luka Capin, Chief Executive Officer of Northern Lights, commented: “This transaction represents a highly attractive monetization of a non-core asset and provides meaningful non-dilutive funding to support advancement of the Company's higher-impact projects. The sale of the Medicine Springs NSR delivers an excellent outcome for shareholders and further strengthens our financial position as we advance the Horetzky and Pup projects, where we see significant exploration upside. We have followed the evolution of Medicine Springs since originally optioning the project in 2017, and as a project generator it is our mandate to unlock value and redeploy capital toward opportunities that offer the clearest path to value creation.”