Copper North Closes $78,000 First Tranche of Placement

Copper North Mining Corp. (TSX.V:COL) announces that it has closed the first tranche of its previously announced non-brokered private placement offering

Copper North Mining Corp. (“Copper North” or the “Company”) (TSX.V:COL) announces that it has closed the first tranche of its previously announced non- brokered private placement offering (the “Offering”). The Company raised an aggregate of 700,000 Flow Through Shares at a price of $0.10 per Flow Through Share for gross proceeds of $70,000 and 80,000 non flow through units (“Common Share Units”) at a price of $0.10 per Common Share Unit, for gross proceeds of $8,000.
Each Flow Through Share consists of one flow-through common share. Each Common Share Unit consists
of one common share and one non-transferable share purchase warrant. Each whole warrant entitles the
holder thereof to acquire one Common Share at a price of $0.15 per Common Share for a period of thirty-
six (36) months following the closing of the Offering.
All securities issued under the private placement will have a four month statutory hold period expiring on
August 14, 2017.
The gross proceeds from the issue of the flow through shares (as defined in the Income Tax Act (Canada))
(the “Tax Act”) included in the Flow Through Shares will be used on a qualifying “flow-through mining
expenditure” (as defined in Tax Act) related to the Company’s exploration project. The Company intends
to renounce Canadian Exploration Expenses (as defined in the Tax Act) with an effective date of no later
than December 31, 2017.
The net proceeds of the Offering will be used for the drilling and engineering of the Company’s Carmacks
Project, and for general working capital purposes.
This news release does not constitute an offer to sell or a solicitation of an offer to sell 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 unless registered under the U.S. Securities Act and applicable
securities laws or an exemption from such registration is available
About Copper North
Copper North is a Canadian mineral exploration and development company. Its assets include the
Carmacks Project located in the Yukon, the Redstone Property located in the Northwest Territories, and
the Thor Property in British Columbia. Copper North trades on the TSX Venture Exchange under the
symbol COL.
On behalf of the Board of Directors:
Dr. Harlan Meade
President, CEO and Director 2
For Further Information
Dr. Harlan Meade
President and Chief Executive Officer
Tel: 604.398.3451
Email: info@coppernorthmining.com
Web: www.coppernorthmining.com
This news release includes certain forward-looking information or forward-looking statements for the
purposes of applicable securities laws. These statements include, among others, statements with respect
to the completion of the proposed Private Placement; the price of securities issued pursuant to the Private
Placement; use of proceeds from the Private Placement; and proposed exploration and development
activities and their timing. These statements address future events and conditions and, as such, involve
known and unknown risks, uncertainties and other factors, which may cause the actual results, performance
or achievements to differ materially from those anticipated in such statements. Important factors that could
cause actual results to differ materially from the Company’s expectations include, among others, the
timeliness and success of regulatory approvals, the timing and success of future exploration and
development activities, exploration and development risks, market prices, exploitation and exploration
results, availability of capital and financing, general economic, market or business conditions, uninsured
risks, regulatory changes, defects in title, availability of personnel, materials and equipment, unanticipated
environmental impacts on operations and other exploration risks detailed herein and from time to time in
the filings made by the Company with securities regulators. In making the forward-looking statements, the
Company has applied several material assumptions including, but not limited to, the assumptions that the
Private Placement will receive regulatory approval and will proceed as planned, the proposed exploration
and development of the mineral projects will proceed as planned, market fundamentals will result in
sustained metals and mineral prices, and any additional financing needed will be available on reasonable
terms. The Company expressly disclaims any intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or otherwise except as otherwise required
by applicable securities legislation.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.