Northern Graphite Announces Grant of Deferred Share Units and Stock Options

Ottawa, Ontario--(Newsfile Corp. - March 9, 2026) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG) (the "Company" or "Northern") announces that it has granted 2.0 million Deferred Share Units ("DSUs") and 2.0 million stock options to a senior executive officer as part of its long-term incentive, reward and retention programs. The stock options are each exercisable to acquire one common share of the Company at a price of $0.25 per share for a period of five years and vest immediately.