Northwire Canada EditionFriday, August 14, 2026
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Financings

Sixty North Gold increases unit offering to $1.65M

SXTY · Price

Executive Summary

  • Sixty North Gold Mining Ltd. is increasing the size of its previously announced non-brokered unit offering, raising the total gross proceeds target to $1.65 million.
  • The offering consists of up to 15 million units priced at 11 cents per unit, with terms consistent with the original announcement dated October 22, 2025.
  • Proceeds will be utilized for the exploration and development of the Mon gold property in the Northwest Territories and for general working capital.

Key Details

  • Offering Size: Increased to up to $1.65 million in gross proceeds.
  • Units Offered: Up to 15 million units.
  • Price Per Unit: 11 cents.
  • Structure: Non-brokered unit financing.
  • Warrant/Hold Period: Securities are subject to a hold period legend restricting resale until four months and one day from the date of issuance.
  • Use of Proceeds: Further exploration and development of the Mon gold property (Northwest Territories) and general working capital requirements.
  • Reference: Terms remain the same as those announced in the press release dated October 22, 2025.

Notable Quotes

  • No direct quotes from management were included in the provided text.
Read the original news release →

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