Sixty North Gold Mining Announces Closing of Unit Offering
Sixty North Gold Mining Announces Closing of Unit Offering
Vancouver, British Columbia--(Newsfile Corp. - May 2, 2024) - Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F40) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold").
不列顛哥倫比亞省溫哥華--（Newsfile Corp.，2024 年 5 月 2 日）——Sixty North Gold Mining Ltd.（CSE：SXTY）（FSE：2F40）（場外交易鏈接：SXNTF）（ “公司” 要麼 “六十北金”)。
Further to the news release of April 17, 2024 where the Company announced plans to complete a non-brokered private placement of up to 13,800,000 units (the "Units") at an offering price of $0.05 per Unit, to raise gross proceeds of up to $690,000 (the "Offering"), Sixty North Gold is pleased to report that it has closed on 9,980,000 units raising gross proceeds of $499,000. Each Unit consisted of one (1) common share (a "Share"), and one non-transferable share purchase warrant (a "Warrant"), with each Warrant being exercisable to purchase one additional Share at an exercise price of $0.08 per Share for a period of one (1) year from the date of closing of the Offering, provided that if the closing market price for the Issuer's common shares is greater than $0.16 per share for a period of ten consecutive trading days, then the Issuer may deliver a notice to the purchaser notifying such purchaser that the Warrants must be exercised within 30 days from the date of delivery of such notice.
繼2024年4月17日的新聞稿之後，該公司宣佈計劃完成高達13,800,000個單位的非經紀私募配售（ “單位”），發行價爲每單位0.05美元，以籌集高達690,000美元的總收益（ “提供”），Sixty North Gold高興地宣佈，它已關閉998萬個單位，總收益爲49.9萬美元。每個單位由一（1）股普通股（“股份”）和一份不可轉讓的股票購買權證（“認股權證”）組成，每份認股權證可行使以每股0.08美元的行使價額外購買一股股票，期限爲自發行結束之日起一（1）年，前提是發行人普通股的收盤市價在十個週期內高於每股0.16美元連續交易日，則發行人可以向買方發出通知，通知買方必須行使認股權證自該通知送達之日起 30 天內。
The securities for the Offering will bear legends restricting resale until September 10, 2024. Finders fees of $1,760, plus 35,200 finders warrants on the same terms as the unit warrants will be paid as part of this financing. Insiders are participating in $400,000 of the financing.
本次發行的證券將帶有傳奇色彩，將轉售限制在2024年9月10日之前。作爲本次融資的一部分，將支付1760美元的發現者費用，外加與單位認股權證相同條款的35,200份發現者認股權證。內部人士參與了40萬美元的融資。
The net proceeds from the Offering will be used to fund claim maintenance, continued exploration and development of the Company's properties, as well as general corporate purposes.
本次發行的淨收益將用於資助索賠維護、公司財產的持續勘探和開發以及一般公司用途。
Dr. D.R. Webb Ph.D., P.Geol., P.Eng. is the QP within the meaning of NI 43-101 and is responsible for the technical details of this release.
D.R. Webb 博士、P.Geol.、P.Eng. 是 NI 43-101 所指的 QP，負責本版本的技術細節。
About the Company
關於本公司
The Company is developing mining operations for gold on its 100%-owned Mon Gold Property, 40 km north of Yellowknife, NWT. Past production extracted 15,000 tonnes of ore to depths of only 15 m below surface, recovering an estimated 15,000 ounces of gold in the 1990's (NI 43-101, August 2023). There is a discrepancy between the reconciled production grade (30.7 gpt) and the grade reported for royalty and tax purposes (10.02 gpt). The former reconciles tailings grade and recoveries and matches sample grades completed by the Company whereas the latter figure is unsupported. The North Ramp has been reopened and has been extended to within 60 m of the target portion of the vein. The Company plans to extend the ramp to where some high-grade historic holes intersected the vein beneath the previously mined stopes. The plan is to install cross-cuts and raises within the vein to extract and stockpile the vein material on surface. Upon confirmation of the grade and tonnage, a permitted mill will be brought in to process this and ongoing mined material.
該公司正在其擁有100％股權的Mon Gold地產上開發黃金開採業務，該地產位於西北地區耶洛奈夫以北40公里處。過去的生產將15,000噸礦石開採到地表以下僅15米的深度，估計在20世紀90年代回收了15,000盎司的黃金（北愛爾蘭43-101，2023年8月）。覈對後的生產等級（30.7 gpt）與出於特許權使用費和稅收目的報告的等級（10.02 gpt）之間存在差異。前者協調尾礦等級和回收率，與公司完成的樣本等級相匹配，而後一個數字沒有依據。北坡道已重新開放，並已延伸至距離礦脈目標部分的60米以內。該公司計劃將坡道延伸到一些高等級的歷史洞穴與先前開採的礦脈相交的地方。計劃在礦脈內安裝橫切口和豎井，以便在地表提取和儲存靜脈材料。在確認等級和噸位後，將引進一座經許可的工廠來加工這種和正在開採的材料。
The property also hosts an outcropping precious-metals rich VMS showing and has four modeled geophysical targets along strike within felsic tuffs, lithic and lapilli tuffs. There are plans to drill these when it is appropriate.
該物業還展示了露出的富含貴金屬的VMS，並在長石凝灰岩、岩石和青金石凝灰岩的走向上有四個建模的地球物理目標。有計劃在適當時對其進行鑽探。
For more information, please refer to the Company's public filings available on SEDAR (), under the Company's profile.
欲了解更多信息，請參閱公司在SEDAR上提供的公開文件（），在公司的簡介下。
ON BEHALF OF THE BOARD OF DIRECTORS
"Dave Webb"
Dave Webb, President & CEO
For further information, please contact:
Dave Webb
Tel.: 604 818-1400
Email: dave@drwgcl.com
Website:
代表董事會
“戴夫·韋伯”
戴夫·韋伯，總裁兼首席執行官
欲了解更多信息，請聯繫：
戴夫·韋伯
電話：604 818-1400
電子郵件： dave@drwgcl.com
網站：
Statements about the Company's future expectations and all other statements in this press release other than historical facts are "forward-looking statements". Such forward-looking statements are based on numerous assumptions, and involve known and unknown risks, uncertainties and other factors, including risks inherent in mineral exploration and development, which may cause the actual results, performance, or achievements of the Company to be materially different from any projected future results, performance, or achievements expressed or implied by such forward-looking statements. Further details about the risks applicable to the Company are contained in the Company's public filings available on SEDAR (), under the Company's profile.
關於公司未來預期的陳述以及本新聞稿中除歷史事實之外的所有其他陳述均爲 “前瞻性陳述”。此類前瞻性陳述基於多種假設，涉及已知和未知的風險、不確定性和其他因素，包括礦產勘探和開發固有的風險，這些風險可能導致公司的實際業績、業績或成就與此類前瞻性陳述所表達或暗示的任何預期未來業績、業績或成就存在重大差異。有關適用於公司的風險的更多詳細信息包含在SEDAR上提供的公司公開文件中（），在公司的簡介下。
THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.
加拿大證券交易所尚未批准或不批准本新聞稿的內容。
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