6 November 2025
Sixty North Gold Mining Ltd (the "Company" or "Sixty North Gold") is pleased to report that further to its news releases of October 21, 2025, October 30, 2025, and October 31, 2025 regarding its offering (the "Offering"), the Company has now closed the first tranche of that Offering consisting of 6,095,400 units for gross proceeds of $670,494.
Each Unit is comprised of one common Share and one common share purchase Warrant of the Company. Each Warrant will be exercisable to purchase one Share at a price of $0.15 for a period of twenty (24) months from the Closing Date.
The securities issued under the first tranche of the Offering will bear a legend restricting resale until March 7, 2026. Finder's fees of $14,039.52 in cash and 127,632 finder's warrants were paid on portions of this financing, with the finder's warrants bearing the same terms as the Warrants. The Company intends to close a second tranche shortly.
The net proceeds from the Offering will be used for further exploration and development of the Mon Gold Property located in NWT, and for the Company's general working capital requirements.