Northern Lights Resources Announces Closing of Upsized Non-Brokered Private Placement
(TheNewswire)
Notfor distribution to United States Newswire Services or fordissemination in the United States
Vancouver, British Columbia -(December 17, 2025) – TheNewswire - NorthernLights Resources Corp. (“Northern Lights” or the “Company”)(CSE: NLR) (OTC: NLRCF), is pleased to announcethat it has closed its previously announced non-brokered privateplacement (the “Offering”), which was upsized due to stronginvestor demand, for gross proceeds of C$400,000.
The Offering consisted of the issuance of units (the“Units”) at a price of $0.10 per Unit. Each Unit is comprised ofone common share of the Company (a “Share”) and onecommon share purchase warrant (a “Warrant”). EachWarrant entitles the holder to acquire one additional common share ofthe Company at a price of $0.10 for a period of 36 months from thedate of issuance.
Proceeds from the Offering will be used to advanceexploration activities on the Company’s mineral properties and forgeneral corporate purposes.
“The impressive demand for thishard dollar, upsized financing is a reflection of the strength of thework we’re doing and the potential of our exploration portfolio. Weare grateful for the support shown by our current shareholders, Boardand new shareholders in raising the proceeds needed to enable us toadvance our three permitted properties, fast-tracking strategicinitiatives aimed at unlocking substantial value for ourshareholders”. commented Luka Capin, ChiefExecutive Officer of Northern Lights.
No finder’s fees are payable in connection with theOffering.
All securities issued pursuant to the Offering aresubject to a statutory hold period under applicable Canadiansecurities laws expiring four months and one day from the date ofissuance.
This news release does not constitute an offer to sellor a solicitation of an offer to buy any of the securities in theUnited States. The securities have not been and will not be registeredunder the United States Securities Act of 1933, as amended (the"U.S. Securities Act") or any state securities laws and maynot be offered or sold within the United States or to U.S. Personsunless registered under the U.S. Securities Act and applicable statesecurities laws or an exemption from such registration isavailable
Qualified Person
Steven McMullan, P. Geo. supervised the preparation ofand reviewed and approved the scientific and technical informationcontained in this news release. Mr McMullan is a qualified person asdefined by National Instrument 43-101 - Standards of Disclosure forMineral Projects.
For Further Information
Luka Capin, Chief Executive Officer
Email: ir@northernlightsresources.com
Tel: +1 647 625 8669
About Northern Lights ResourcesCorp.
Northern Lights Resources Corp is a growth-orientedexploration and development company advancing three key projects: theHoretzky Copper Project, located in the Babine Porphyry belt ofcentral British Columbia, the Pup Copper Project in the Yukon and the100% owned, Secret Pass Gold Project located in Arizona. NorthernLights also holds a 1% NSR royalty on the Medicine Springs SilverProject in Nevada owned by Torex Gold Resources Inc.
Northern Lights Resources trades under the ticker of“NLR” on the CSE and on the OTC under the ticker “NLRCF”. Thisand other Northern Lights Resources news releases can be viewed atwww.sedar.com and www.northernlightsresources.com.
CAUTIONARY STATEMENT REGARDINGFORWARD-LOOKING INFORMATION:
This news release contains forward-looking statementsand forward-looking information within the meaning of applicableCanadian securities laws (collectively, “forward-lookingstatements”). Forward-looking statements include, but are notlimited to, statements regarding the anticipated use of proceeds fromthe Offering and the Company’s future exploration activities andcorporate plans. Forward-looking statements are generally identifiedby words such as “anticipates”, “expects”, “intends”,“plans”, “believes”, or similar expressions, or statementsthat certain actions, events or results “may”, “could”,“would”, or “will” occur or be achieved. Forward-lookingstatements are based on the opinions and estimates of management as ofthe date of this news release and are subject to known and unknownrisks, uncertainties and other factors that may cause actual resultsor events to differ materially from those anticipated in suchforward-looking statements. These risks and uncertainties include, butare not limited to, risks related to exploration activities, changesin market conditions, and other risks described in the Company’spublic disclosure filings available on SEDAR+. Readers are cautionednot to place undue reliance on forward-looking statements. The Companydoes not undertake any obligation to update or revise anyforward-looking statements except as required by applicable securitieslaws.
Copyright (c) 2025 TheNewswire - All rights reserved.
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