Sixty North Gold Mining Announces a Unit Offering
Sixty North Gold Mining Announces a Unit Offering
Vancouver, British Columbia--(Newsfile Corp. - April 17, 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4月17日）——Sixty North Gold Mining Ltd.（CSE：SXTY）（FSE：2F40）（場外交易代碼：SXNTF）（the”公司“或”六十北金“)。
Sixty North Gold proposes 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"). Each Unit will consist of one (1) common share of the Company and one (1) non-transferable share purchase warrant (the "Warrants"). Each Warrant will be exercisable to acquire one additional common 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 on the Canadian Securities Exchange ("CSE") is greater than $0.16 per share for a period of ten (10) consecutive trading days, then the Company may deliver a notice (the "Notice") to the Purchaser notifying such Purchaser that the Warrants must be exercised within thirty (30) days from the date of delivery of such Notice, otherwise the Warrants will expire at 4:00 p.m. (Vancouver time) on the thirty-first (31st) day after the date of delivery of the Notice. The terms of the Offering are subject to satisfactory notice to the Canadian Securities Exchange. The Company may pay finder's fees in connection with this placement of 10.0% of the gross proceeds raised by an arm's length finder.
Sixty North Gold提議完成高達13,800,000個單位的非經紀私募配售（”單位“）以每單位0.05美元的發行價籌集高達690,000美元的總收益（”提供“）。每個單位將由一（1）股公司普通股和一（1）份不可轉讓的股票購買權證（”認股證“）。每份認股權證均可行使以每股0.08美元的行使價再收購一股普通股，期限爲自發行結束之日起一（1）年，前提是如果發行人在加拿大證券交易所（“CSE”）的普通股的收盤價格在連續十（10）個交易日內超過每股0.16美元，則公司可以向以下人發出通知（“通知”）買方通知該買方必須在認股權證交付之日起三十 (30) 天內行使認股權證此類通知，否則認股權證將在通知交付之日後的第三十一（31）天下午 4:00（溫哥華時間）到期。本次發行的條款以向加拿大證券交易所發出令人滿意的通知爲準。公司可能支付與本次配售相關的發現者費用，金額爲獨立發現者籌集的總收益的10.0％。
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
代表董事會
“戴夫·韋伯”
戴夫·韋伯，總裁兼首席執行官
For further information, please contact:
Dave Webb
Tel.: 604 818-1400
Email: dave@drwgcl.com
Website:
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以外的所有其他聲明均爲 “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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