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").
不列颠哥伦比亚省温哥华--（Newsfile Corp.，2024 年 5 月 2 日）——Sixty North Gold Mining Ltd.（CSE：SXTY）（FSE：2F40）（场外交易链接：SXNTF）（ “公司” 要么 “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.
继2024年4月17日的新闻稿之后，该公司宣布计划完成高达13,800,000个单位的非经纪私募配售（ “单位”），发行价为每单位0.05美元，以筹集高达690,000美元的总收益（ “提供”），Sixty North Gold高兴地宣布，它已关闭998万个单位，总收益为49.9万美元。每个单位由一（1）股普通股（“股份”）和一份不可转让的股票购买权证（“认股权证”）组成，每份认股权证可行使以每股0.08美元的行使价额外购买一股股票，期限为自发行结束之日起一（1）年，前提是发行人普通股的收盘市价在十个周期内高于每股0.16美元连续交易日，则发行人可以向买方发出通知，通知买方必须行使认股权证自该通知送达之日起 30 天内。
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.
本次发行的证券将带有传奇色彩，将转售限制在2024年9月10日之前。作为本次融资的一部分，将支付1760美元的发现者费用，外加与单位认股权证相同条款的35,200份发现者认股权证。内部人士参与了40万美元的融资。
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.
本次发行的净收益将用于资助索赔维护、公司财产的持续勘探和开发以及一般公司用途。
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，负责本版本的技术细节。
About the Company
关于本公司
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.
该公司正在其拥有100％股权的Mon Gold地产上开发黄金开采业务，该地产位于西北地区耶洛奈夫以北40公里处。过去的生产将15,000吨矿石开采到地表以下仅15米的深度，估计在20世纪90年代回收了15,000盎司的黄金（北爱尔兰43-101，2023年8月）。核对后的生产等级（30.7 gpt）与出于特许权使用费和税收目的报告的等级（10.02 gpt）之间存在差异。前者协调尾矿等级和回收率，与公司完成的样本等级相匹配，而后一个数字没有依据。北坡道已重新开放，并已延伸至距离矿脉目标部分的60米以内。该公司计划将坡道延伸到一些高等级的历史洞穴与先前开采的矿脉相交的地方。计划在矿脉内安装横切口和竖井，以便在地表提取和储存静脉材料。在确认等级和吨位后，将引进一座经许可的工厂来加工这种和正在开采的材料。
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.
该物业还展示了露出的富含贵金属的VMS，并在长石凝灰岩、岩石和青金石凝灰岩的走向上有四个建模的地球物理目标。有计划在适当时对其进行钻探。
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，请参阅公司在SEDAR上提供的公开文件（），在公司的简介下。
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:
代表董事会
“戴夫·韦伯”
戴夫·韦伯，总裁兼首席执行官
欲了解更多信息，请联系：
戴夫·韦伯
电话：604 818-1400
电子邮件： dave@drwgcl.com
网站：
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.
关于公司未来预期的陈述以及本新闻稿中除历史事实之外的所有其他陈述均为 “前瞻性陈述”。此类前瞻性陈述基于多种假设，涉及已知和未知的风险、不确定性和其他因素，包括矿产勘探和开发固有的风险，这些风险可能导致公司的实际业绩、业绩或成就与此类前瞻性陈述所表达或暗示的任何预期未来业绩、业绩或成就存在重大差异。有关适用于公司的风险的更多详细信息包含在SEDAR上提供的公司公开文件中（），在公司的简介下。
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