Core Points - Northern Lights Resources Corp. announced a non-brokered private placement to raise gross proceeds of up to C$400,000 at a price of $0.05 per Unit [1][2] - Each Unit consists of one common share and one common share purchase warrant, with the warrant exercisable at $0.06 for 36 months [2] - The proceeds will be used for advancing the Horetzky Project and other exploration and working capital needs [2][6] Company Overview - Northern Lights Resources is focused on exploration and development, with key projects including the Horetzky Copper Project in British Columbia and the Secret Pass Gold Project in Arizona [6] - The company also holds a 1% NSR royalty on the Medicine Springs Silver Project in Nevada [6] - Northern Lights trades under the ticker "NLR" on the CSE and "NLRCF" on the OTC [7]
Northern Lights Announces Private Placement