Steve Jenkins, Tony Barras, Ian Richardson, Simon Baldry (pictured) and Clive Platt have all agreed to stay at Meadow Lane for a further month.
The Magpies are currently under a transfer embargo due to being in administration and are only allowed to sign players on short-term deals.
The threat of extinction within three months is also hanging over the club's head with the Magpies' players facing an uncertain future.
Billy Dearden's side also prop up the Division Two table and the manager will hope the quintet's decision to stay on will lift morale.
