Silver North Announces $2.1 Million Flow Through Share Private Placement

Core Viewpoint - Silver North Resources Ltd. is conducting a non-brokered private placement to raise up to $2,100,000 through the sale of 6 million flow-through shares at a price of $0.35 per share, aimed at funding eligible Canadian exploration expenses related to its Yukon projects [1][2]. Use of Proceeds - The proceeds from the sale of flow-through shares will be allocated to exploration activities at the Haldane Project and GDR mineral properties in Yukon Territory, with follow-up drilling planned at the Main Fault target at Haldane [5]. Company Overview - Silver North Resources Ltd. owns the Haldane Silver Project, Tim Silver Project, and GDR project, and is looking to acquire additional silver properties in favorable jurisdictions [6]. - The company is listed on the TSX Venture Exchange under the symbol "SNAG" and also trades on the OTCQB market in the United States under the symbol "TARSF" [7]. Finder's Fees - The company plans to pay finders' fees of 7% in cash and 7% in non-transferable warrants in connection with the offering, subject to TSX Venture Exchange policies [3]. Regulatory Compliance - The completion of the offering and payment of finders' fees are contingent upon receiving all necessary regulatory approvals, including those from the TSX Venture Exchange [3].