Nicola Mining Inc Advances Strategic Shifts and Confirms Financial Arrangements

Nicola Mining Inc. (NMI), a Canadian mining service provider listed on the TSX Venture Exchange, has announced a series of developments that underscore its commitment to optimizing its operational focus and securing its financial framework. The company, which specializes in the identification, acquisition, and exploration of precious metals and minerals, has recently confirmed the allocation of finders’ fees in a new offering and has realigned its partnership strategy with Blue Lagoon Resources Inc. to concentrate exclusively on the Dome Mountain Gold & Silver Project.

Confirmation of Finders’ Fees in New Offering

On 30 January 2026, the company disclosed that it has confirmed the finders’ fees associated with its latest offering. While the precise terms and amounts have not been disclosed publicly, the confirmation signals NMI’s intent to reward partners and stakeholders who facilitate the discovery and development of prospective mining assets. By formalizing these fees, the company reinforces its reputation as a reliable partner in the mining sector, ensuring that those who identify and bring new projects to the table are duly compensated.

Strategic Realignment with Blue Lagoon Resources

A pivotal shift in NMI’s operational focus was highlighted in two news releases dated 29 January 2026. The company announced that it would pivot its milling operations to focus solely on Blue Lagoon Resources Inc.’s Dome Mountain Gold & Silver Project. The Dome Mountain site, which is 100% owned by Blue Lagoon, is a high‑potential underground mine that has been advancing production phases. By concentrating exclusively on this project, NMI positions itself to streamline its milling capabilities, reduce overhead, and deepen technical expertise in a single, strategically valuable asset.

This realignment is a logical continuation of the partnership that began when Blue Lagoon enlisted NMI as its milling partner. The decision to narrow scope to the Dome Mountain project aligns with industry best practices, whereby mining service providers concentrate on core projects to maximize throughput and profitability.

Market Context and Financial Snapshot

As of 29 January 2026, NMI’s stock closed at CAD 1.18, with a 52‑week high of CAD 1.30 and a 52‑week low of CAD 0.28. The company’s market capitalization stands at approximately CAD 241 million, and its price‑earnings ratio reflects the challenges inherent in a commodity‑heavy sector, currently recorded at –52.53. Despite these metrics, the strategic moves detailed above signal a forward‑looking approach designed to enhance operational efficiency and secure a robust revenue stream from the Dome Mountain project.

Outlook

By confirming finders’ fees and concentrating milling resources on a single, high‑value project, Nicola Mining Inc. demonstrates a disciplined, results‑oriented strategy. The company’s partnership with Blue Lagoon Resources positions it to capture incremental upside as the Dome Mountain site ramps up production. Investors and analysts should monitor the progress of the underground development and the financial outcomes of the finders’ fee structure, as these factors will likely drive future valuation and market sentiment.