North Arrow Announces $3 Million Private Placement

13 May 2015

North Arrow Minerals Inc. is pleased to announce that North Arrow has entered into a letter of engagement with Dundee Securities Ltd. on behalf of a syndicate including Haywood Securities Inc., under which the Underwriters have agreed to purchase 3,160,000 flow-through common shares of North Arrow by way of a private placement on a bought-deal basis, subject to all required regulatory approvals, at a price per Flow-Through Share of $0.95, for total gross proceeds of $3,002,000.