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FFF.CN ·

55 North Mining Inc. Announces Board Appointments

Management Changes

Toronto, Ontario – February 25, 2022 - 55 North Mining Inc. (CSE:FFF) (“55 North” or the “Company”) is pleased to announce the appointment of Sandra Jackson and Herbert Urton to the Board of Directors of the Corporation.

Sandra Jackson is a member of the Sagkeeng First Nation and has over thirty five years of experience working in the areas of community, economic, institutional and self-governance development, including participatory consultations with Aboriginal groups in Canada. She graduated from the University of Manitoba, majoring in Economics.

Herbert Urton has a wealth of experience in the development of businesses at a regional, national and international level. Herbert has demonstrated the skill, leadership and ability required to build a successful team and develop, manage and grow a diversified corporate base. He is currently the President & CEO of Resortco Properties Inc., developing and managing resort-based properties in the hospitality and tourism sector. Herbert is also the founding Partner of One Sky Group, which is involved in the Forestry Industry and Service Sectors of Saskatchewan.

Bruce Reid, President and CEO commented: “We are pleased to welcome Sandra Jackson and Herbert Urton to the Board of 55 North. With the addition of Herbert and Sandra, we welcome two quality individuals that considerably add to the Board’s expertise in both business and First Nations involvement in the Manitoba area.”

About 55 North Inc.

55 North Mining Inc. is an exploration and development company advancing its high-grade Last Hope Gold Project located near Lynn Lake in Manitoba, Canada.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Mr. Bruce Reid Chief Executive Officer, Director 55 North Mining Inc.

[email protected]

CAUTION REGARDING FORWARD-LOOKING INFORMATION

This news release of 55 North contains statements that constitute “forward-looking statements”. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.