Congratulations to Samantha Espley for her Board appointments to the Paramount Gold Nevada and Northern Graphite. Samantha's Board appointments are the 108th and 109th for ACE Graduates. She earned her CDI.D designation from Corporate Directors International, having completed the Board Certification Program at ACE LLC.

FOR RELEASE

ACE LLC Announces the Board Appointment of ACE Graduate, Samantha Espley, CDI.D to the Paramount Gold Nevada Board and the Northern Graphite Board.

Toronto, Ontario, April 16, 2024: Paramount Gold Nevada

Paramount Gold Nevada is pleased to advise that Samantha Espley has been appointed to our Board of Directors.

Samantha is a highly experienced mining engineer with involvement in advanced-stage exploration, preliminary economic assessments, prefeasibility and feasibility studies, construction, technical services and operations of open pits and underground mines, and in processing and metallurgy. She is passionate about safety & health, Environmental, Social, Governance (ESG), and diversity & inclusion. She advocates for mining transformation and created The Whole Mine™ approach as a roadmap for building future mines, today. She works with technical experts, community leaders, advocates, government, and other stakeholders, all with a keen focus on integrating innovations and solutions to achieve sustainability of the industry. She supports industry on boards of directors, bringing valued leadership and experience to the teams and businesses.

Samantha is the past president of Canadian Institute of Mining and an executive mining advisor for Stantec leading transformation in engineering and mine design.

About Paramount Gold Nevada

Paramount Gold Nevada (PZG) is publicly traded on the NYSE as a junior gold miner with four high-quality gold properties. The mineralized properties are located in western USA: in Oregon (Grassy Mountain, Frost) and Nevada (Sleeper and Bald Mountain).

Paramount Gold Nevada is an emerging growth company in the business of acquiring, exploring and developing precious metals projects in the United States of America. We have designed our Company to provide our shareholders with industry-leading exposure to high quality U.S. gold assets. That’s our primary objective and it has attracted some of the gold industry’s best-known and most successful investors.

Learn more about Paramount Gold Nevada HERE.

Toronto, Ontario, April 16, 2024: Northern Graphite

Northern Graphite Corporation (NGC:TSX-V, NGPHF:OTCQB, FRA:0NG, XSTU:0NG) (the “Company” or “Northern”) is pleased to announce the appointment of Ms. Samantha Espley to its Board of Directors.

A recipient of numerous professional awards across her career, including the Governor General’s Gold Medal, Mining Trailblazer Award, Ms. Espley is a visionary business executive with 34 years of mining industry experience in corporate strategy, operations, and capital projects, and a leader in health and safety, diversity and inclusion, and sustainability. She is an independent board member of Paramount Gold Nevada Corp., a board member and Industry Chair with the Canadian Academy of Engineering, and past President of the Canadian Institute of Mining, Metallurgy and Petroleum. She is a Senior Advisor at Stantec and author of The Whole Mine approach as a core platform for engineering work and guiding safe, sustainable, and engaging mining practices. She is a licensed professional engineer with degrees from the University of Toronto and Laurentian University.

“We are proud to welcome Samantha to our Board and look forward to her bringing her extensive experience to bear on our Company as we continue to build a leading, integrated, mine-to-market company serving the energy transition,” said Northern Graphite Chief Executive Officer Hugues Jacquemin. “Samantha has a history of making transformation happen over the course of her work with some of the world’s most important mining companies and we are honored to have her join our team.”

In connection with her appointment as a director of the Company, the Company has granted Ms. Espley a total of 400,000 stock options under the Company’s amended and restated stock option plan, which have an exercise price of $0.55 per share, an exercise period of five years and which vest immediately upon grant.

About Northern Graphite

Northern, the only graphite producing company in North America, 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 owns and operates the Lac des Iles graphite mine in Quebec and expects to become the third-largest natural graphite producer outside of China when its Namibian operations come back online. The Company also has the large-scale Bissett Creek project in Ontario, and substantial additional measured and indicated resources in Namibia and the Mousseau property in Quebec, which are expected to be sources of continued production growth in the future. All projects have “battery quality” graphite and are located close to infrastructure in politically stable jurisdictions.

Learn more about Northern Graphite HERE.

About Samantha:

Current non-executive board member of publicly traded mining companies: Paramount Gold Nevada (NYSE) and Northern Graphite Corporation (TSX-V), as a member of the Technical Committee, Compensation Committee, Audit and Risk Committee, ESG and Nominating Committee, and overall governance of these companies.

Current non-executive board member of private not-for-profit organizations including the Canadian Mining Hall of Fame (CMHF), the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) and Canadian Academy of Engineering (CAE). Also, a member of CIM Council, CIM Executive Committee, and Chair of CIM Health and Safety Society. Member of CAE board of directors and Chair of CAE’s Industry Round Table.

Current co-chair of Go Deeper expansion project at Science North and Dynamic Earth. Past Chair of Science Committee and a non-executive board of trustees member for Science North and Dynamic Earth.

Past president of the CIM and past member of President’s Council, CIM Executive Committee, and CIM Council, and past chair of Governance Committee, Nominations Committee, and past chair of the CIM Sudbury Branch.

Past industry independent board member of mining-based research organizations: MIRARCO, CEMI, and CAMIRO including technical and financial oversight.

Past chair and member of the International Advisory Board to the Director of the School of Engineering at Laurentian University.

Founding Director, Past President of Women in Science and Engineering (WISE) Sudbury, responsible for creating by-laws, charter, and governance documents and processes.

Congratulations Paramount Nevada Gold and Northern Graphite for electing Samantha Espley to your board. We know she will bring value and serve the board, company and stakeholders well.

Samantha has her board certification from Corporate Directors International LLC, USA. Her designation, CDI.D, recognizes her as a qualified corporate board candidate for a public or private board.