Mr. Ken Armstrong of North Arrow reports

NORTH ARROW CLOSES SALE OF NWT LITHIUM PROPERTIES TO LI-FT POWER

North Arrow Minerals Inc. has closed the previously disclosed sale of three lithium properties located in Canada's Northwest Territories to Li-FT Power Ltd. in exchange for 250,000 common shares of Li-FT.

Ken Armstrong, president and chief executive officer of North Arrow, stated: "Closing of this sale provides North Arrow with exposure to the continued evaluation of these NWT lithium properties as well as Li-FT's advanced Yellowknife lithium project, while allowing our team to focus on exploration of the Kraaipan gold project in Botswana, where detailed structural mapping and interpretation work will soon begin, complementing ongoing geophysical surveys and geochemical baseline analyses. Priority target areas identified from this work will be tested as part of a reverse-circulation drilling program in Q2 2025."

On closing the property sale, North Arrow has transferred to Li-FT a 100-per-cent interest in the DeStaffany, LDG and MacKay lithium properties, subject to existing royalty interests on the DeStaffany and LDG properties, and has received 250,000 common shares of Li-FT, which are subject to a statutory hold period of four months from the date of receipt.

About the Kraaipan gold project, Botswana

The Kraaipan gold project is composed of three mineral concessions covering the 60-kilometre strike extent of the Kraaipan greenstone belt in Botswana. The KGB is a highly prospective Archean greenstone belt that straddles the Botswana-South Africa border, with proven mineral endowment including Harmony Gold's Kalgold gold mine in South Africa, approximately 40 kilometres south of the project. Past exploration of the northern extent of the KGB has been challenged by Kalahari Desert sand cover, impacting approximately 80 per cent of the KGB within Botswana. The sand cover, while extensive, is typically less than 20 metres over much of the project but can locally reach depths of up to 70 m. Limited past exploration of the KGB in Botswana has identified local gold mineralization in shallow drilling of exposed banded iron formation (BIF) targets. A focus of new exploration is to identify BIF-related gold mineralization beneath the sand cover. To do this, North Arrow is working with Rockman Resources Ltd.'s highly experienced Botswana-based exploration team, who are capable of deploying cost-effective proprietary exploration solutions including drone geophysics, truck-mounted drilling and, potentially, deep machine learning technologies to rapidly advance the project.

As detailed in a news release dated Oct. 28, 2024, North Arrow is currently working to earn a 60-per-cent interest in the project by investing $5-million (U.S) by June 30, 2027, including a firm commitment to invest $1-million (U.S.) by June 30, 2025.

About North Arrow Minerals Inc.

Based in Vancouver, B.C., North Arrow is an exploration company focused on the evaluation of the Kraaipan gold project in Botswana. North Arrow's management, board of directors and advisers have significant successful experience in the global exploration and mining industry. North Arrow continues to maintain its diamond interests in the Naujaat (NU), Pikoo (SK), and Loki (NWT) projects. North Arrow's exploration programs are conducted under the direction of Mr. Armstrong, PGeo, president and CEO of North Arrow and a qualified person under NI 43-101.

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