Business
Northern Lights Resources Announces Closing of Upsized Non-Brokered Private Placement
Vancouver, British Columbia - (December 17, 2025) – TheNewswire - Northern Lights Resources Corp. (“Northern Lights” or the “Company”) (CSE: NLR) (OTC: NLRCF),
About this update from Northern Lights Resources Corp
[{"type":"text","content":"Vancouver, British Columbia - (December 17, 2025) – TheNewswire - Northern Lights Resources Corp. (“Northern Lights” or the “Company”) (CSE: NLR) (OTC: NLRCF), is pleased to announce that it has closed its previously announced non-brokered private placement (the “Offering”), which was upsized due to strong investor 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 of one common share of the Company (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant entitles the holder to acquire one additional common share of the Company at a price of $0.10 for a period of 36 months from the date of issuance. Proceeds from the Offering will be used to advance exploration activities on the Company’s mineral properties and for general corporate purposes. “The impressive demand for this hard dollar, upsized financing is a reflection of the strength of the work we’re doing and the potential of our exploration portfolio. We are grateful for the support shown by our current shareholders, Board and new shareholders in raising the proceeds needed to enable us to advance our three permitted properties, fast-tracking strategic initiatives aimed at unlocking substantial value for our shareholders”. commented Luka Capin, Chief Executive Officer of Northern Lights. No finder’s fees are payable in connection with the Offering. All securities issued pursuant to the Offering are subject to a statutory hold period under applicable Canadian securities laws expiring four months and one day from the date of issuance. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available Qualified Person Steven McMullan, P. Geo. supervised the preparation of and reviewed and approved the scientific and technical information contained in this news release. Mr McMullan is a qualified person as d...