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Financings

Northern Lights Resources Announces Fully Allocated Upsizing of Non-Brokered Private Placement

By The Northwire Desk — AI Analysis Dec 09, 2025 · 17:36 NLR · 0.095 Northern Lights Resources Corp.
NLR · Price

Executive Summary

  • Northern Lights Resources Corp. increased its non‑brokered private placement to C$400,000 due to strong investor demand.
  • Each unit consists of one common share and one warrant exercisable at $0.10 per share for 36 months.
  • Proceeds will be used to fund exploration on the Company’s properties and general corporate purposes.

Key Details

  • Offering Size: Increased to C$400,000 (originally announced on December 5, 2025).
  • Unit Composition: 1 common share + 1 common share purchase warrant per unit.
  • Warrant Terms: Exercise price $0.10 per share; exercisable for 36 months from issuance date.
  • Use of Proceeds: Exploration activities on Horetzky Copper Project, Pup Copper Project, Secret Pass Gold Project and other corporate purposes.
  • Finder’s Fees: None payable in connection with the offering.
  • Holding Period: Securities subject to a hold period expiring four months and one day after closing date.
  • Qualified Person: Steven McMullan, P.Geo., reviewed and approved scientific/technical information per NI 43‑101.

Notable Quotes

(No executive quotes were included in the release.)

Read the original news release →

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