Financing News
Northern Lights Announces Non-Brokered Private Placement of Up to $1 Million
NOT FOR DISTRIBUTION TO OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, BC / ACCESSWIRE / June 1, 2022 / Northern Lights Resources Corp. ("Northern…

NOT FOR DISTRIBUTION TO OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC / ACCESSWIRE / June 1, 2022 / Northern Lights Resources Corp. (“Northern Lights”, “NLR” or the “Company”)(CSE:NLR)(OTCQB:NLRCF) announces that it intends to complete a non-brokered private placement (the “Placement“) for gross proceeds of up to C$1,000,000 from the sale of common shares of the Company (the “Shares“) at a price of C$0.075 per Share.
The Company intends to use the net proceeds raised from the Placement for the exploration of the Company’s Secret Pass Gold Project located in Northwestern Arizona, USA and for general working capital purposes.
The Placement may be completed in multiple tranches and is subject to receipt of executed subscription agreements and funds as well as customary closing conditions, including regulatory approvals as required.
In accordance with applicable securities laws, the Shares issued under the Placement will be sold to accredited investors or other investors who are exempt from prospectus requirements and will be subject to a four-month hold period in Canada. While the Placement is non-brokered, referral fees may be paid on a portion of the proceeds to eligible persons, where permitted by applicable law.
The securities offered have not been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act“), or any applicable state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the United States or “U.S. persons,” as such term is defined in Regulation S promulgated under the U.S. Securities Act, absent registration or an exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
No securities regulatory authority has either approved or disapproved of the contents of this news release.
For further information on Northern Lights Resources please contact:
Albert Timcke, Executive Chairman and President
Email: [email protected]
Tel: +1 604 608 6163
Jason Bahnsen, Chief Executive Officer
Email: [email protected]
Tel: +1 604 608 6163
Shawn Balaghi, Investor Relations
Email: [email protected]
Tel: +1 604 773 0242
About Northern Lights Resources Corp.
Northern Lights Resources Corp is a growth-oriented exploration and development company that is advancing two projects: The 100% controlled, Secret Pass Gold Project located in Mohave County, Arizona; and the Medicine Springs silver-zinc-lead Project located in Elko County, Nevada where Northern Lights is earning 100% in joint venture with Reyna Silver Corp.
Northern Lights Resources trades under the ticker of “NLR” on the CSE. This and other Northern Lights Resources news releases can be viewed at www.sedar.com and www.northernlightsresources.com.
SOURCE: Northern Lights Resources Corp.
View source version on accesswire.com:
https://www.accesswire.com/703460/Northern-Lights-Announces-Non-Brokered-Private-Placement-of-Up-to-1-Million
private placement
tsxv-rslv
reyna-silver-corp
reyna silver corp
cse-nlr
northern-lights-resources-corp
press-release

Honey Badger Silver Announces Management Changes
Toronto, Ontario–(Newsfile Corp. – February 8, 2023) – Honey Badger Silver Inc. (TSXV: TUF) ("Honey Badger" or the "Company") is pleased to announce the…
ORBIT GARANT ANNOUNCES APPOINTMENT OF PIERRE ALEXANDRE AS PRESIDENT AND CEO AND THE APPONTMENT OF MARIO JACOB TO ITS BOARD OF DIRECTORS
ORBIT GARANT ANNOUNCES APPOINTMENT OF PIERRE ALEXANDRE AS PRESIDENT AND CEO AND THE APPONTMENT OF MARIO JACOB TO ITS BOARD OF DIRECTORS
Canada NewsWire
VAL-D’OR, QC, Feb. 8, 2023
VAL-D’OR, QC, Feb. 8, 2023 /CNW/ – Orbit Garant Drilling Inc. (TSX: O…
FRONTIER LITHIUM INTERSECTS 398.25M OF PEGMATITE AVERAGING 1.88% Li2O, INCLUDING A 23.4M ZONE OF 3.12% Li2O
FRONTIER LITHIUM INTERSECTS 398.25M OF PEGMATITE AVERAGING 1.88% Li2O, INCLUDING A 23.4M ZONE OF 3.12% Li2O
Canada NewsWire
SUDBURY, ON, Feb. 8, 2023
SUDBURY, ON, Feb. 8, 2023 /CNW/ – Frontier Lithium Inc. (TSXV: FL) (FRA: HL2) (OTCQX: LITOF) (“Fro…
-
Energy & Critical Metals22 hours ago
Aluminum Prices Pause Following Surge
-
Energy & Critical Metals16 hours ago
Newmont’s $24B Grab for Newcrest Highlights the Majors’ Increased Interest in Copper
-
Drilling News15 hours ago
enCore Energy Closes C$34.5m Public Offering
-
Financing News16 hours ago
Wellfield Closes Acquisition of Tradewind Markets and Private Placement – Creates Transformational Platform for Precious Metals Investors and Producers
-
Base Metals17 hours ago
Fortescue signs mining convention for Gabon iron ore project
-
Uncategorized12 hours ago
Ultra Lithium drills 2.68% Li2O over one metre at Forgan Lake, Ontario
-
Drilling News17 hours ago
Asante Announces Significant Gold Intercepts From Its Ongoing Exploration Program at Aboduabo Prospect
-
Base Metals17 hours ago
US to retire 15GW of coal and gas-fired power plants in 2023