08:28:46 EDT Mon 06 May 2024
Enter Symbol
or Name
USA
CA



Northern Lights Resources Corp
Symbol NLR
Shares Issued 45,162,232
Close 2019-02-27 C$ 0.035
Market Cap C$ 1,580,678
Recent Sedar Documents

ORIGINAL: Northern Lights closes private placement

2019-02-27 16:23 ET - News Release

Received by email:

File: NLR New Release - Closes Private Placement - February 27 2019 Final.pdf

              Northern Lights Closes Private Placement
February 27, 2019                                                     CSE Symbol: NLR

Vancouver, British Columbia. Northern Lights Resources Corp. (the "Company" or
"Northern Lights") 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. Forward-
looking 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.




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