Jeremy Gillis Amends Early Warning Disclosure for Northern Lights Resources Corp.

Toronto, Ontario — October 31, 2026 — Leads & Copy — Jeremy Gillis, referred to as the Acquiror, has amended his early warning disclosure to include previously omitted common share purchase warrants of Northern Lights Resources Corp. (the “Issuer”). The original news release, dated September 2, 2026, detailed acquisitions of common shares, which remain unchanged.

On August 17, 2026, 11661728 Canada Inc., a private company controlled by Gillis, purchased 387,500 common shares of the Issuer on the Canadian Securities Exchange (CSE) for $0.08 per share, totaling $31,000.

Prior to this acquisition, Gillis, along with private companies 11661728 Canada Inc. and 1302580 B.C. Ltd. (collectively, the “Joint Actors”), beneficially owned or controlled approximately 9.55% of the Issuer's outstanding common shares on an undiluted basis, amounting to 6,887,381 shares.

Following the August 17 acquisition, the Acquiror and Joint Actors collectively held 7,274,881 common shares, representing about 10.08% of the outstanding shares on an undiluted basis.

Subsequently, on August 21, 2026, 1302580 B.C. Ltd. acquired an additional 1,200,000 common shares on the CSE at $0.08 per share, for a total of $96,000.

As of September 2, 2026, the Acquiror and Joint Actors beneficially owned or controlled an aggregate of 8,474,881 common shares, which constituted approximately 11.75% of the Issuer's outstanding common shares on an undiluted basis. Additionally, the Acquiror held 1,815,000 stock options and 50,000 common share purchase warrants exercisable at $0.10 until December 17, 2028. 1302580 B.C. Ltd. held 2,900,000 common share purchase warrants exercisable at $0.05 until February 7, 2027.

Considering the potential exercise of 1,475,000 stock options within 60 days, including approximately 226,667 options from a March 26, 2026 grant that were vested or scheduled to vest within that period, the Acquiror and Joint Actors held approximately 17.09% of the Issuer’s common shares on a partially diluted basis as of September 2, 2026. These calculations are based on 72,143,704 issued and outstanding common shares and assume no changes to the share capital.

The acquisitions were made for investment purposes. Gillis maintains a long-term investment perspective and may acquire further securities of the Issuer through open market purchases or private acquisitions. He may also divest securities in the future, depending on market conditions and evolving plans.

An amended early warning report will be filed under the Issuer’s profile on SEDAR+ and may be obtained by contacting the Acquiror.

Source: Jeremy Gillis