Northern Graphite Corporation announced that the area covered by its Mousseau West graphite project in Québec has been increased by an additional 101.64 hectares to a total of 590.54 hectares by the Québec ministère des Ressources naturelles et des Forêts (the "Minister") through an automatic procedure under the Mining Act (Québec) due to the lapse of certain adjoining claims previously held by an arm's length third party. In connection with the increase in the area covered by the Company's claims, the Company has paid $50,000 and issued 100,000 common shares of the Company to the previous holder of the adjoining claims in order to settle litigation proceedings challenging the Minister's increase in the area of the Company's claims. The transaction is an arm's-length transaction for purposes of the policies of the TSX Venture Exchange (the "TSX-V") and was completed as an "Expedited Acquisition" pursuant to TSX-V Policy 5.3. The common shares issued to the previous holder of the claims in connection with the transaction are subject to a statutory four-month hold period expiring on July 15, 2023.