This article has been disseminated on behalf of Nevada Organic Phosphate Inc. and may include paid advertising.
Nevada Organic Phosphate (CSE: NOP; OTCQB: NOPFF) announced that it received approximately $807,000 from the exercise of 14,636,600 common share purchase warrants, representing 99.7% of the warrants subject to acceleration, further to its Jan. 21, 2026 news release. The warrants, originally issued in connection with private placements completed between February and July 2025, carried exercise prices of $0.05 and $0.08. Following the exercises, the company reports a cash balance of approximately $1.25 million and approximately 143 million common shares issued and outstanding. An additional 24.6 million warrants remain outstanding at an exercise price of $0.10, subject to acceleration provisions, which if fully exercised would provide approximately $2.46 million to support continued exploration and development of the Murdock Mountain Project, including a planned Phase II drill program with mobilization estimated for mid to late March 2026.
To view the full press release, visit https://ibn.fm/bq6C5
Nevada Organic Phosphate Inc. (CSE: NOP) (OTCQB: NOPFF)
The Company is a junior exploration company with an organic sedimentary raw rock phosphate bed, 6.6 kilometres long, in northeast Nevada. Additional applications extend the potential strike of rock phosphate to over 30 kilometres. This is believed to be the only known large-scale organic sedimentary phosphate project in North America. It is situated close to the main highway to Montello/Elko, Nevada, and near the rail head to California.
NOTE TO INVESTORS: The latest news and updates relating to NOP are available in the company’s newsroom at https://ibn.fm/NOP
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