Northern Lights Resources Corp. announced an amendment to the debt agreement with Mirabel Capital Ltd. Amendment to Debt Agreements As announced by the Company on January 15, 2024, as of that date, Northern Lights had approximately USD 229,825 (Correction to USD 237,504 amount stated in the Company's January 15, 2024 announcement) of debt payable to the Investor, in cash, on or before February 23, 2024. The amended terms were memorialized in an amendment, dated April 27, 2023, to the initial Security Purchase Agreement that the Company entered into with the Investor on May 27, 2021 .

The inability of the Company to make the lump sum cash payment of USD 229,825 by February 23, 2024, triggered a default interest provision totaling USD 55,677 under the terms of the First Amendment and the underlying Agreement. The Company has negotiated and entered into an agreement amendment dated February 23, 2024. Under the terms of the Second Amendment the Company must make a lump sum cash payment of USD 285,502 on or before the Company amended agreement the Company entered into with the Investor on February 23, 2025.

No further interest is payable if the Company pays the outstanding debt owing by February 23, 2025.