The Conversation (0)
Northern Lights Resources Corp. (the “Company” or “Northern Lights”) (CSE:NLR) announces it has closed the private placement originally announced on February 23, 2018 (the “Private Placement”).
Northern Lights Resources Corp. (the “Company” or “Northern Lights”) (CSE:NLR) announces it has closed the private placement originally announced on February 23, 2018 (the “Private Placement”).
The closure of the Private Placement is subsequent to the Company’s news release of October 2, 2018 when it was announced that Northern Lights had completed a financing of $1.1 million required under the conditional listing approval required for the Company to begin trading on the Canadian Securities Exchange (“CSE”).
Northern Lights currently has 45,162,232 shares on issue.
Northern Lights continues to advance the Medicine Springs Project located in Elko County Nevada with an exploration drilling program planned to commence during the 2019 field season.
For further information, please contact:
Albert Timcke, Executive Chairman and President
Email: rtimcke@northernlightsresources.com
Tel: +1 604 608 6163
Or
Jason Bahnsen, Chief Executive Officer
Email: Jason@northernlightsresources.com
Tel: +1 604 608 6163
About Northern Lights Resources Corp.
Northern Lights Resources Corp is a growth oriented exploration and development company that is advancing the Medicine Springs Project located in Nevada. Northern Lights has entered into an agreement to acquire 100% equity interest in the Medicine Springs Project, a prospective silver – zinc – lead property located in southeastern Elko County, Nevada. The Medicine Springs Project consists of 149 unpatented mineral claims (1,189 hectares) and is an advanced exploration project with extensive drilling and many significant silver-zinc-lead intercepts. Northern Lights Resources trades under the ticker of “NLR” on the CSE. This and other Northern Lights Resources news releases can be viewed at www.sedar.com and www.northernlightsresources.com.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forwardlooking statements include, but are not limited to, statements with respect to: the terms and conditions of the proposed private placement; use of funds; the business and operations of the Company after the proposed closing of the Offering. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; delay or failure to receive board, shareholder or regulatory approvals; and the uncertainties surrounding the mineral exploration industry. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking statements. The Company 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 required by law.
Click here to connect with Northern Lights Resources (CSE:NLR) for an Investor Presentation.
Source: cloud.stockwatch.com
