• Nicola Mining management commentary reported a CAD 6.02 million net loss for the nine months ended September 30, 2026.
• Milling revenue rose to CAD 4.11 million from CAD 632,000, primarily driven by increased processing of Blue Lagoon ore.
• Gross margin improved to CAD 1.22 million; management attributed fluctuations primarily to timing differences between milling costs and related revenue.
• The third-quarter net loss of CAD 2.01 million primarily reflected Dominion Creek restart costs and share-based compensation.
• Operating cash outflow increased to CAD 6.22 million, primarily reflecting Dominion Creek operations and the timing of payable settlements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nicola Mining Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-126119), on November 12, 2026, and is solely responsible for the information contained therein.