Northern Graphite to Join Canadian Critical Minerals Technology R&D Delegation to the United Kingdom

June 23, 2023 at 10:30 AM EDT

Ottawa, Ontario--(Newsfile Corp. - June 23, 2023) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG) (the "Company" or "Northern) is pleased to announce that it will be joining a Partnership Development Activity (PDA) delegation to the United Kingdom on Critical Minerals from June 26-29. The delegation is organized by the High Commission of Canada in London, UK, and funded by the Trade Commissioner Service through the Canadian International Innovation Program.

The delegation will bring together private sector and government leaders from the critical minerals industry in Canada and UK businesses and organizations involved in the space for four days of events curated to forge ties and explore opportunities for collaboration in the energy transition.

"We are honored to be included in such an important delegation as we explore ways to leverage the strength of our two countries to advance toward a global net-zero future," said Northern Graphite Chief Executive Officer Hugues Jacquemin. "Collaboration is critical to the energy transition and to building sustainable critical minerals supply chains, and Northern Graphite, as a sustainable, integrated, mine-to-market company, is committed to playing its part."

Scheduled delegation highlights include a day-long partnering event organized by the High Commission of Canada in collaboration with Innovate UK and aimed at fostering industrial R&D partnerships between Canadian and UK organizations, and a visit by the Canadian delegation of businesses and key organizations to the Battery Cells & Systems Expo at the NEC in Birmingham on June 28-29.

On March 6, Canada and the UK signed the Critical Minerals Supply Chain Dialogue to Strengthen Collaboration to deepen engagement and cooperation on critical minerals, prioritize critical minerals security of supply and joint economic prosperity, and attain high environmental, social and governance standards (ESG) and innovation throughout the value chain.

About Northern Graphite

Northern is a Canadian, TSX Venture Exchange listed company that is focused on becoming a world leader in producing natural graphite and upgrading it into high value products critical to the green economy including anode material for lithium-ion batteries/EVs, fuel cells and graphene, as well as advanced industrial technologies.

Northern is the only significant graphite producing company in North America and will become the third largest producer outside of China when its Namibian operations come back online. The Company also has two large scale development projects, Bissett Creek in Ontario, and Okanjande in Namibia, that have the potential to generate continued production growth in the future. All projects have "battery quality" graphite and are located close to infrastructure in politically stable jurisdictions.

About the Trade Commissioner Service

The Trade Commissioner Service (TCS) helps Canadian businesses of all sizes succeed in international markets with export advisory services, funding and accelerator programs. With a presence in more than 160 cities worldwide, the TCS can help you go global.

For media inquiries contact

Pav Jordan, VP of Communications
Email: pjordan@northerngraphite.com

For further information contact

Guillaume Jacq, CFO
Telephone: (613) 271-2124
Email: info@northerngraphite.com

Qualified Person

Gregory Bowes, B.Sc. MBA P.Geo, the Chairman of Northern, is a "qualified person" as defined under National Instrument 43-101 and has reviewed and approved the content of this news release.

For additional information

Please visit the Company's website at http://www.northerngraphite.com/investors/presentation/, the Company's profile on www.sedar.com, our Social Channels listed below or contact the Company at (613) 271-2124.

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Cautionary Note Regarding Forward-Looking Statements

This news release contains certain "forward-looking statements" within the meaning of applicable Canadian securities laws. Forward-looking statements and information are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "potential", "possible" and other similar words, or statements that certain events or conditions "may", "will", "could", or "should" occur. Forward-looking statements in this release include statements regarding, among others, the Company's intentions with respect to advancing its developments projects to production and developing the capacity to manufacture value added products. All such forward-looking statements are based on assumptions and analyses made by management based on their experience and perception of historical trends, current conditions and expected future developments, as well as other factors they believe are appropriate in the circumstances. However, these statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected including, but not limited to unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of other parties to perform as agreed; social or labour unrest; changes in commodity prices; unexpected failure or inadequacy of infrastructure and the failure of ongoing and contemplated studies to deliver anticipated results or results that would justify and support continued studies, development or operations. Readers are cautioned not to place undue reliance on forward-looking information or statements.

Although the forward-looking statements contained in this news release are based on what management believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with them. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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