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

Executive Summary

• Sixty North Gold Mining Ltd. announced it will close a non‑brokered financing of 6,000,000 units at $0.25 per unit, targeting gross proceeds of $1,500,000 within five business days, subject to CSE approval.
• Each unit consists of one common share and half of a non‑transferable warrant exercisable at $0.30 for one year; warrants are subject to a four‑month hold period.
• 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: 6,000,000 units @ $0.25 per unit → Gross proceeds: $1,500,000.
• Unit Composition: 1 common share + ½ non‑transferable warrant (full warrant exercisable at $0.30 per share).
• Warrant Terms: Exercisable for one year from closing date; resale restricted until four months and a day after issuance.
• Finder’s Fees: Two finders to receive cash fees totaling $51,000 plus 204,000 finder warrants (same terms as the offering warrants) on the full proceeds.
• Use of Proceeds:
• Exploration and development of the Mon Gold Property (NWT).
• General working capital requirements.
• Closing Condition: Subject to no objection from the Canadian Securities Exchange (CSE).
• Previous Announcement: Offering originally disclosed in a press release dated January 13, 2026.

Notable Quotes

• “The proceeds from this financing will accelerate our exploration and development program at Mon Gold, positioning us for future growth.” – Dave Webb, President & CEO.