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Nicola Mining Inc. (TSXV: NIM,OTC:HUSIF) (OTCQB: HUSIF) (FSE: HLIA) (the ‘Company’ or ‘Nicola’) is pleased to provide an update on its proposed NASDAQ listing, which it originally disclosed in its news release of October 27, 2025. There are approximately 220 Canadian companies trading via cross listing in the United States1;…

After-tax NPV(8%) of $473M (US$346.6M) and 2.2-year payback from start of production with IRR of 48.8% at US$1,000/mtu WO3 Key Highlights: Additional Payback Metrics: Payback1 of approximately 2.2 years from commencement of commercial production corresponding to approximately 4.2 years from start of construction under the medium / US$1,000/mtu WO₃2 case. Capital Efficient…