55 North Mining Inc. is pleased to announce that it will close the first tranche of its previously announced non-brokered private placement financing on October 30, 2025, for gross proceeds of approximately $3,587,000. As noted in the Company's press release dated October 10, 2025, the Offering consists of up to 12,000,000 common shares at a price of $0.50 per share. The first tranche comprises the issuance of 7,174,000 [...]
55 North Mining Inc. is pleased to announce that it will commence a detailed LiDAR survey over its wholly owned Last Hope Gold Project in Manitoba. The airborne LiDAR survey commenced on October 16, 2025, and will provide high-resolution topographic data across the project area. The data will enable the Company to refine geological interpretations, optimize drill targeting, and support upcoming winter access and logistics [...]
55 North Mining Inc. is pleased to provide an update on its planned 2026 drill program, which may begin as early as late 2025 if conditions allow for safe and efficient winter drilling. The upcoming program will focus on step-out drilling to the south of the Company's existing zones. The Company plans initially to drill 8 fences of two holes approximately every 120 metres, expanding the footprint of known mineralization [...]
55 North Mining Inc. is pleased to announce that it intends to complete a non-brokered private placement financing of up to 12,000,000 common shares of the Company at a price of $0.50 per share, for gross proceeds of up to $6,000,000. The Offering will not include any warrant component. The Company has obtained price protection from the Canadian Securities Exchange for the Offering at $0.50 per share. 55 North Mining [...]
55 North Mining announces that, subject to regulatory approval, it intends to effect a consolidation of the Company's issued and outstanding common shares on the basis of twelve and one-half existing Shares for one new Share. The Company currently has 306,846,234 Shares issued and outstanding on a pre-consolidation basis. Following the proposed Consolidation, the Company will have approximately 24,547,698 Shares issued [...]
55 North Mining announces that it has closed the second tranche of a private placement financing of 54,200,000 units for proceeds of $542,000 bringing the total to $1,220,000. Each Unit is comprised of one common share and one common share purchase warrant entitling the holder to acquire one additional common share at a price of $0.01 per share for a period of 48 months from the date of issuance. All Common Shares issued [...]
55 North Mining is pleased to announce that the Company and Marcel Colomb First Nations have signed an Exploration Agreement outlining a framework for collaboration on the proposed exploration of the Last Hope Gold Project. The Agreement details how the two parties will work together to progress ongoing exploration activity at the Last Hope Gold Project, which lies within the MCFN Traditional Territory in the Lynn Lake [...]
55 North Mining Inc. announces closing of the third tranche of the non-brokered private placement unit financing announced on August 29, 2022 in the sum of $42,174.68. The Company issued 2,108,734 Units at a price of $0.02 per Unit. All Units consist of one common share and one common share purchase warrant , exercisable at $0.05 for a period of forty-eight months. All securities issued will be subject to a four month [...]
55 North Mining Inc. is pleased to report that pursuant to the amended option agreement previously announced on September 6, 2022, the Company has made a payment of $200,000 as well issued 5,000,000 common shares of 55 North Mining Inc. to the Optionor. The board of directors also approved the settlement of $110,000 of debt through the issuance of Units . Pursuant to the Debt Settlement, the Company issued 5,083,032 Units [...]
55 North Mining Inc. announces amendment to the option agreement for the Last Hope Gold Project located in Manitoba, Canada. The Company has successfully amended the schedule on the final payment of $3,000,000 for the property. The amended agreement extends the final payment by three years to September 5, 2025. The parties have also agreed to include an annual payment of $100,000 to be paid on September 5, 2022, 2023 and [...]
55 North Mining Inc. is pleased to announce a non-brokered private placement of Units of up to $400,000. Each Unit, priced at $0.02, is comprised of one common share and one common share purchase warrant entitling the holder to acquire one additional common share at a price of $0.05 per share for a period of 48 months from the date of issuance. All common shares issued in connection with the Offering will be subject to a [...]
55 North Mining Inc. is pleased to provide its 2022 plan for the Last Hope Gold Project. Bruce Reid, President and Chief Executive Officer commented: "We are extremely pleased with our progress to date on our Last Hope Gold Project, a high-grade gold project 10km away from Alamos Gold's 2Moz Lynn Lake Project in northern Manitoba. In light of the current gold market, 55 North Management would like to remind investors of [...]
