Sixty North Completes Non-Brokered $1,500,000 Unit Offering

Executive Summary

• Sixty North Gold Mining Ltd. closed a non‑brokered unit financing raising $1,500,000 in gross proceeds.
• Finder’s fees of $51,000 cash and 480,000 finder’s warrants were paid (adjusted from the previously reported 204,000 warrants).
• Proceeds will be used to advance exploration and development of the Mon Gold Property in the Northwest Territories and for general working capital.

Key Details

• Financing Structure: Non‑brokered unit offering; units comprised of common shares and accompanying warrants (terms identical to those issued in the offering).
• Gross Proceeds: $1,500,000.
• Finder’s Compensation: $51,000 cash plus 480,000 finder’s warrants issued to two finders.
• Use of Proceeds:
• Further exploration and development of the Mon Gold Property (NWT).
• General working capital requirements of Sixty North Gold Mining Ltd.
• Previous Disclosure Correction: The number of finder’s warrants previously reported (204,000) has been updated to 480,000.

Notable Quotes

“The successful closing of this financing provides us with the necessary capital to continue advancing our flagship Mon Gold Project and supports our broader growth strategy.” – Dave Webb, President & CEO

All forward‑looking statements are subject to risks and uncertainties detailed in the company’s filings.