Nevada Organic Phosphate Waives Warrant Acceleration Provision and Provides Drilling Update on 2026 Exploration Program at Murdock Mountain

Vancouver, British Columbia--(Newsfile Corp. - May 27, 2026) - Nevada Organic Phosphate Inc. (CSE: NOP) (OTCQB: NOPFF) ("NOP" or the "Company"), a B.C. based leader in organic sedimentary phosphate exploration, is pleased to announce that, following the successful tranche one closing of its current $5.5M upsized and oversubscribed private placement, the Company has waived the forced warrant acceleration provision (the "Acceleration Provision") with respect to 23,608,438 outstanding warrants issued pursuant to the Company's non-brokered private placement (the "Private Placement") that closed on September 26, 2025, and October 3, 2025 (the "Warrants").