Sixty North Gold announces unit offering

20 October 2020

Sixty North Gold Mining Ltd. Sixty North Gold proposes to complete a nonbrokered private placement of up to 11,538,462 units (the “Units”) at an offering price of $0.065 per Unit, to raise gross proceeds of up to $750,000 (the “Offering”). Each Unit will consist of one (1) common share of the Company and one (1) non-transferable share purchase warrant (the “Warrants”).  Each Warrant will be exercisable to acquire one additional common share at an exercise price of $0.10 per share for a period of two (2) years from the date of closing of the Offering. The terms of the Offering are subject to satisfactory notice to the Canadian Securities Exchange. The Company may pay finder’s fees in connection with this placement of 5.0% of the gross proceeds raised by an arm’s length finder.