Northern Graphite Announces Senior Management Appointments

Ottawa, Ontario--(Newsfile Corp. - March 22, 2023) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG) (the "Company" or "Northern") is pleased to announce senior management appointments that will enhance the Company's global team as it executes on its goal of becoming a world leader in the production of natural graphite and upgrading it into value added products critical to the green economy. Ms. Kirsty Liddicoat has been appointed Chief Operating Officer ("COO") of the Company. She brings more than 18 years of global mining experience to the team. Mr. Dave Marsh, who has more than 40 years of global experience, has been named Chief Technical Officer ("CTO").

Kirsty Liddicoat is a mine geologist with a Masters in Business, Implementation Management and a Masters in Mining Engineering, Mining Geomechanics. Kirsty was most recently the General Manager of Red Lake Operations for Evolution Mining in northwestern Ontario. She was previously the General Manager, Geoservices and Mine Planning for Suncor Energy and held management positions with BHP Coal, Copperchem Limited and Focus Minerals. Kirsty started her career in Australia with Rio Tinto, has experience in South America and immigrated to Canada in 2019; she will be based in Montreal. She is a member of the 100 Global Inspirational Women in Mining in the inaugural 2013 list, and the 2018 recipient of the Chief Executive Women scholarship to INSEAD.

Kirsty Liddicoat

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Dave Marsh, who joined Northern Graphite in 2022, has 40 years of combined experience managing the process engineering divisions of international consulting and operating companies. He has led mining projects from the scoping level through to feasibility, construction and operations. He has extensive experience with operations in southern Africa, including Namibia. As CTO, Dave will lead the Company's global Technical Operations.

Hugues Jacquemin CEO of Northern Graphite commented: "We are delighted to welcome Kirsty to our team, she brings a wealth of mining experience as we embark on our own mine development in Ontario, Quebec and Namibia. She will be a key contributor supporting our transformation into become the world's leading graphite mining and processing company."

About Northern Graphite

Northern is a Canadian, TSXV listed company that 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.

Northern is the only significant graphite producing company in North America and will become the third largest outside of China when its Namibian operations come back online in 2024. The Company also has two large scale development projects, Bissett Creek in Ontario and Okanjande in Namibia, that will be a source of continued production growth in the future. All projects have "battery quality" graphite and are located close to infrastructure in politically stable countries.

For additional information

Please visit the Company's website at http://www.northerngraphite.com/investors/presentation/, the Company's profile on www.sedar.com, our Social Channels listed below or contact the Company at (613) 271-2124.

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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 release include statements regarding, among others, the Company's intentions with respect to bringing its Namibian operations back on line and to advancing its other development projects to production, and developing the capacity to manufacture value added products. 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, 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 the 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 release.

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