Northern Lights Resources Corp. announced a non-brokered private placement of 13,333,333 common shares at a price of CAD 0.075 per shares for gross proceeds of up to CAD 1,000,000 on June 1, 2022. The transaction will include participation from accredited investors or other investors.

The transaction may be completed in multiple tranches and is subject to receipt of executed subscription agreements and funds as well as customary closing conditions, including regulatory approvals as required. The transaction will be subject to a four-month hold period in Canada.