Nevada Organic Phosphate Increases Unit Offering and Closes First Tranche

Vancouver, British Columbia--(Newsfile Corp. - May 22, 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, further to its news releases dated May 13, 2026; and May 15, 2026; it has closed the first tranche of its previously announced non-brokered private placement (the "Offering") for gross aggregate proceeds of $5,044,747 (the "First Tranche") through the issuance of 28,026,370 units of the Company (each, a "Unit") at a price of $0.18 per Unit.