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Northern Graphite Selected to Represent Canada in Battery Materials Evaluation Program with Japan's LIBTEC

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Northern Graphite (OTCQB: NGPHF) was selected by Natural Resources Canada to participate in a Canada‑Japan battery materials evaluation program conducted by Japan’s independent Lithium‑ion Battery Technology and Evaluation Center (LIBTEC). The initiative includes CAD 155,800 in funding support to test Northern’s battery anode materials (BAM) produced from graphite sourced at its Lac des Iles mine in Quebec.

According to Northern, its BAM will be benchmarked at LIBTEC in Japan against industry reference materials under standardized, OEM‑relevant conditions, generating third‑party performance data on capacity, fast charging, cycle life and material consistency. The company expects these results to support product optimization, customer qualification and commercial discussions with Japanese and global battery manufacturers and to increase its visibility within Japan’s battery and automotive ecosystem. Northern is the only battery anode material developer in the program, which complements Canadian cathode developers and aligns with broader Canada‑Japan efforts to build secure, diversified critical minerals and battery supply chains outside China.

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Positive

  • Selected as sole battery anode material developer in Canada‑Japan LIBTEC program
  • Receives CAD 155,800 in funding support from Natural Resources Canada
  • Independent LIBTEC testing to generate third‑party data on key battery metrics
  • Program expected to aid customer qualification and commercial discussions in Japan

Negative

  • LIBTEC evaluation results and any resulting commercial contracts are not yet known or disclosed
  • Funding amount of CAD 155,800 appears modest relative to full commercialization needs

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  • Independent third-party evaluation will generate performance data to support qualification with Japanese and global battery manufacturers

Ottawa, Ontario--(Newsfile Corp. - August 17, 2026) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG) (the "Company" or "Northern") is pleased to announce that it has been selected by Natural Resources Canada ("NRCan") to participate in a strategic Canada-Japan battery materials evaluation program through the Lithium-ion Battery Technology and Evaluation Center ("LIBTEC"), an independent, internationally recognized, third-party battery evaluation organization.

The initiative, which includes funding support of CAD 155,800, will enable Northern to advance the evaluation and customer qualification of its battery anode materials ("BAM") under LIBTEC's standardized, customer-relevant testing protocols and forms part of broader cooperation between Canada and Japan to strengthen secure, resilient and sustainable critical minerals and battery supply chains outside of China.

Northern is the only battery anode material developer participating in the initiative, complementing participating Canadian cathode material developers and highlighting Canada's growing capabilities across the battery materials value chain. The program provides an opportunity to showcase Canadian innovation to one of the world's most advanced battery ecosystems while strengthening technical collaboration between Canada and Japan.

"Japan is home to some of the world's most advanced battery and automotive companies, and participation in the LIBTEC program provides an important opportunity to test our materials under rigorous conditions while supporting broader Canada-Japan cooperation in critical minerals and battery supply chains," said Northern Chief Executive Officer Hugues Jacquemin. "Being selected for this initiative is an important endorsement of Northern's strategy to become a supplier of battery anode material to global markets seeking diversified supply chains."

Through the program, Northern will provide BAM samples produced using graphite from its Lac des Iles mine in Quebec and processed through the Company's battery materials technology platform for independent third-party evaluation and benchmarking against established industry reference materials under standardized, OEM-relevant conditions at LIBTEC's facilities in Japan.

The evaluation program is expected to generate valuable third-party performance data across key battery metrics, including capacity, fast charging, cycle life and material consistency. Northern expects the resulting data to support ongoing product optimization, customer qualification efforts and commercial discussions with battery manufacturers seeking secure and scalable sources of battery materials outside of China. Participation in the program is also expected to strengthen Northern's visibility within Japan's battery ecosystem, including leading battery manufacturers and automotive OEMs, supporting future commercial engagement opportunities.

"Canada is building resilient critical mineral and battery supply chains that will power our economy for decades to come," said the Honourable Tim Hodgson, Minister of Energy and Natural Resources. "By investing in innovative Canadian companies like Northern Graphite and strengthening partnerships with trusted allies such as Japan, we are creating new opportunities for Canadian workers, catalyzing investment and reinforcing Canada's position as an energy superpower."

As global demand for lithium-ion batteries continues to accelerate, governments and industry are working to diversify supply chains and reduce dependence on concentrated sources of battery materials and processing capacity. By supporting the evaluation of Canadian-developed battery materials using Japan's advanced qualification infrastructure, the program connects Canadian innovation with one of the world's most sophisticated battery manufacturing ecosystems while advancing the shared objective of diversifying global sources of critical minerals and battery materials processing.

"This initiative is a key step in demonstrating the commercial readiness of our BAM portfolio," said Northern Chief Product Officer Dr. Moritz Hantel. "Working together with LIBTEC allows Northern to independently demonstrate the capability of our BAM and helps to facilitate the ongoing discussion with the Japanese battery ecosystem."

The program represents an important milestone in Northern's downstream battery materials strategy and further strengthens the Company's role in developing an integrated mine-to-battery supply chain spanning North America, Europe, the Middle East and Asia.

About Northern Graphite

Northern is a Canadian, TSX Venture Exchange listed company that owns the only flake graphite mine in North America. Northern 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. The Company's mine-to-battery strategy is spearheaded by its Battery Materials Group, which has a fully equipped, state-of-the-art laboratory in Frankfurt and is focused on advancing plans for developing battery anode material plants in Saudi Arabia, Quebec and France.

Northern's graphite assets include the Lac des Iles mine in Quebec, where the Company intends to boost output to meet growing demand from industrial customers and coming demand from North American battery makers. The Company also owns the large-scale, advanced stage Bissett Creek graphite project in Ontario and the fully permitted Okanjande graphite mine in Namibia, which is currently on care and maintenance, and represents an opportunity to substantially increase graphite production at a lower cost and with a shorter time to market than most competing projects. All projects have "battery quality" graphite and are located close to infrastructure in politically stable jurisdictions.

For media inquiries, contact

Pav Jordan, VP of Communications
Email: pjordan@northerngraphite.com

For Additional Information

Please visit the Company's website at northerngraphite.com, the Company's profile on www.sedarplus.ca our Social Channels listed below or contact the Company at (613) 271-2124.

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Cautionary Note Regarding Forward-Looking Statements

This news release contains certain "forward-looking statements" within the meaning of applicable Canadian securities laws. Forward-looking statements and information are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "potential", "possible" and other similar words, or statements that certain events or conditions "may", "will", "could", or "should" occur. Forward-looking statements in this news release include statements regarding, among others, the Company's plans to expand graphite production and downstream processing capacity in North America, Europe and the Middle East. All such forward-looking statements are based on assumptions and analyses made by management based on their experience and perception of historical trends, current conditions and expected future developments, as well as other factors they believe are appropriate in the circumstances. However, these statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected including, but not limited to, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of other parties to perform as agreed; social or labour unrest; changes in commodity prices; unexpected failure or inadequacy of infrastructure and the failure of ongoing and contemplated studies to deliver anticipated results or results that would justify and support continued studies, development or operations and the inability to raise required financing. Readers are cautioned not to place undue reliance on forward-looking information or statements.

Although the forward-looking statements contained in this news release are based on what management believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with them. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/309850

FAQ

What did Northern Graphite (OTCQB: NGPHF) announce about the LIBTEC battery materials program on August 17, 2026?

Northern Graphite announced its selection by Natural Resources Canada for a Canada‑Japan battery materials evaluation program with LIBTEC. According to Northern Graphite, LIBTEC will independently test its battery anode materials in Japan under standardized, OEM‑relevant conditions to generate data for customer qualification and commercialization efforts.

How much funding does Northern Graphite (NGPHF) receive for the LIBTEC evaluation program?

Northern Graphite receives CAD 155,800 in funding support for the LIBTEC program. According to Northern Graphite, this funding helps advance independent evaluation of its battery anode materials and supports broader Canada‑Japan cooperation on secure, resilient and sustainable critical minerals and battery supply chains.

What battery materials will LIBTEC evaluate for Northern Graphite (NGPHF) and from which mine?

LIBTEC will evaluate Northern Graphite’s battery anode material made from graphite produced at the Lac des Iles mine in Quebec. According to Northern Graphite, the material is processed through its battery materials technology platform before testing and benchmarking against established industry reference materials in Japan.

How could the LIBTEC testing program impact Northern Graphite’s (NGPHF) relationships with battery manufacturers?

The LIBTEC testing program could provide third‑party performance data that supports customer qualification and commercial discussions. According to Northern Graphite, demonstrating capacity, fast charging, cycle life and consistency may help engage Japanese and global battery makers seeking diversified, secure sources of battery anode materials.

Why is Northern Graphite’s selection for the LIBTEC program important for Canada’s battery supply chain?

Northern Graphite’s selection highlights Canada’s role across the battery materials value chain by adding anode materials to existing cathode initiatives. According to Northern Graphite, the program supports Canada‑Japan collaboration to diversify critical minerals and battery materials supply chains outside China, enhancing resilience and security.

Is Northern Graphite’s LIBTEC evaluation program a commercial offtake agreement for NGPHF shareholders?

The LIBTEC evaluation program is not described as a commercial offtake agreement. According to Northern Graphite, the initiative focuses on independent performance testing and benchmarking, intended to support product optimization, customer qualification and future commercial discussions rather than immediate contracted sales.