Sixty North Gold to Close First Tranche of Non-Brokered $1,500,000 Unit Offering

Executive Summary

• Sixty North Gold announces the intended closing of the first tranche of its non‑brokered financing, up to 5,454,545 units at $0.11 per unit for gross proceeds of up to $600,000.
• Each unit consists of one common share and one non‑transferable warrant exercisable at $0.15 per share for 24 months; a hold period of four months + 1 day applies.
• Proceeds will be used to fund further exploration and development of the Mon Gold Property in the Northwest Territories and for general working capital.

Key Details

• Offering Size: Up to 13,636,363 units total; first tranche up to 5,454,545 units.
• Pricing: $0.11 per unit (share + warrant).
• Gross Proceeds Expected (First Tranche): Up to $600,000.
• Unit Composition:
• 1 common share (“Share”).
• 1 non‑transferable common share purchase warrant (“Warrant”) exercisable at $0.15 per share for a period of 24 months from the closing date.
• Hold Period Legend: Units may not be resold until four months and one day after issuance.
• Finder’s Fees: Eligible finders receive 8% cash fee + 8% warrant fee on proceeds received from investors they introduce; Leede Financial acted as a finder for this tranche.
• Closing Timeline: First‑tranche closing expected on or about November 5, 2025, subject to CSE approval (no objection).
• Use of Proceeds:
• Further exploration and development of the Mon Gold Property (NWT).
• General working capital requirements.
• Regulatory/Compliance: Offering is non‑brokered; securities will be subject to applicable securities laws and CSE policies.

Notable Quotes

“The proceeds from this financing will enable us to advance exploration at our flagship Mon Gold Property and sustain the momentum of our development program.” – Dave Webb, President & CEO

All forward‑looking statements are qualified by standard risk disclosures; actual results may differ.