Sixty North to close $600k first tranche of placement

Mr. Dave Webb reports SIXTY NORTH GOLD TO CLOSE FIRST TRANCHE OF NON-BROKERED $1,500,000 UNIT OFFERING Sixty North Gold Mining Ltd. intends to close a first tranche of its non-brokered financing of up to 13,636,363 units at an offering price of 11 cents per unit, originally announced in its press release dated Oct. 22, 2025, subject to the Canadian Securities Exchange raising no objection to the closing. This first tranche is expected to close on or about Nov. 5, 2025. The company expects to close up to 5,454,545 units in the first tranche for gross proceeds of up to $600,000. Each unit will be composed of one common share and one non-transferable common share purchase warrant in the capital of the company. Each warrant will be exercisable to purchase one additional share at a price of 15 cents for a period of 24 months from the closing date, subject to applicable securities laws and CSE policies. Eligible finders will receive finders' fees of 8 per cent in cash and 8 per cent in warrants on the proceeds received by Sixty North Gold from investors introduced to Sixty North Gold. Leede Financial acted as a finder in the first tranche of the offering. The securities underlying the units will be subject to a hold period legend restricting resale until four months and a day from their date of issuance. The proceeds from the offering will be used for further exploration and development of the Mon gold property located in the Northwest Territories and for the company's general working capital requirements. About Sixty North Gold Mining Ltd. Sixty North Gold is developing mining operations for gold on its 100-per-cent-owned Mon gold project, which extracted 15,000 tonnes of ore to depths of only 15 metres below surface, recovering an estimated 15,000 ounces of gold in the 1990s (company technical report, National Instrument 43-101, Aug. 3, 2023, on SEDAR+). The North Ramp has been reopened and has been extended to the target portion of the vein. The company plans to develop stopes in the East Limb, West Limb and DD zone to extract and to feed a 100-tonne-per-day gravity flotation mill. Additional gold, silver and base metal targets occur on the property, and will be explored and developed as warranted. The Yellowknife gold camp hosts two mines that averaged 30 grams per tonne gold or better (Discovery mine with one million ounces of gold produced and Sixty North Gold's Mon mine), and two that averaged 15 g/t or better for a total production of over 14 million ounces of gold (Con mine and Giant mine) (refer to the company technical report, NI 43-101, Aug. 3, 2023). The technical content of this release has been reviewed and approved by Dr. D.R. Webb, PGeol, president and chief executive officer of Sixty North. We seek Safe Harbor.