The following is the management’s discussion and analysis (“MD&A”) of the results of operations and financial condition of Nevada Organic Phosphate Inc. (formerly “Silver Eagle Mines Inc.”) (“NOPI” or the “Company”) as at and for the year ended April 30, 2024. This MD&A was written to comply with the requirements of National Instrument 51- 102 – Continuous Disclosure Obligations. This MD&A should be read in conjunction with the Company’s consolidated financial statements and related notes for the years ended April 30, 2024 and 2023 (the “2024 Financials”). The 2024 Financials and the financial information contained in this MD&A are prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board and interpretations of the IFRS Interpretations Committee. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. All figures are expressed in Canadian dollars unless stated otherwise.
This MD&A also covers the subsequent period up to August 26, 2024.
