Nord Precious Metals recently distributed Coniagas Battery Metals shares and warrants to Nord shareholders.
For tax purposes, Nord Precious Metals considers that the fair market value (in Canadian dollars) of the Coniagas shares is $0.25 for each share and the fair market value of the warrants is $0.001 for each warrant. This determination has been made for Nord's own purposes and will not be binding on a holder of the shares or the Canada Revenue Agency. Holders should consult their own tax advisors in this regard.