Northern Graphite Comments on U.S. Trade Ruling on China Graphite Materials

Ottawa, Ontario--(Newsfile Corp. - March 12, 2026) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG) (the "Company" or "Northern") announces that while it is disappointed with the March 12 decision of the United States International Trade Commission ("ITC") to not support the findings of the U.S. Department of Commerce ("Commerce") and impose duties on Chinese graphite materials, the Company believes broader momentum toward establishing a domestic graphite industry in North America remains strong. The ITC decision follows findings by Commerce that imports of subsidized Chinese graphite active anode material ("AAM") were being sold at artificially low prices into the United States and were harming the development of a domestic industry.