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TORONTO, ON / ACCESS Newswire / December 5, 2025 / 55 North Mining Inc. (CSE:FFF,OTC:FFFNF)(FSE:6YF) (“55 North” or the “Firm“) is happy to announce that it has closed the ultimate tranche of its beforehand introduced non-brokered non-public placement financing (the “Providing”) for gross proceeds of $200,000.
The third tranche contains the issuance of 400,000 frequent shares at a worth of $0.50 per share. No finder’s shares or finder’s warrants have been issued in reference to this tranche. All Widespread Shares issued in reference to the Providing shall be topic to a statutory maintain interval of 4 months plus a day from the date of issuance.
With the completion of this third tranche, 55 North has now raised a complete of $4,202,000 underneath the Providing. Proceeds will proceed for use to fund property funds, advance drilling on the Final Hope Gold Mission, and assist normal working capital and company overhead.
Following the closing of this third tranche, the Firm may have roughly 33.25 million frequent shares issued and excellent.
“With gold costs remaining robust, we’re seeing continued curiosity from each new and present shareholders,” mentioned Bruce Reid, CEO of 55 North Mining. “The assist we have obtained throughout all tranches displays rising recognition of the potential scale and grade of the Final Hope system. This extra capital additional positions us to advance drilling and ship significant progress going into 2026.”
About 55 North Mining Inc.
55 North Mining Inc. is a Canadian exploration and growth firm advancing its high-grade Final Hope Gold Mission positioned in Manitoba, Canada.
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CAUTION REGARDING FORWARD-LOOKING INFORMATION
This information launch of 55 North accommodates statements that represent “forward-looking statements.” Such forward-looking statements contain recognized and unknown dangers, uncertainties and different components that will trigger the Firm’s precise outcomes, efficiency or achievements, or developments within the trade to vary materially from the anticipated outcomes, efficiency or achievements expressed or implied by such forward-looking statements.
SOURCE: 55 North Mining Inc
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