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FFF.CN ·

55 North Mining Appoints Wayne Parsons as Executive Chair

Corporate Updates

55 North Mining Appoints Wayne Parsons as Executive Chair; Strengthens Leadership as

the Company Advances the Last Hope Gold Project

Toronto, Ontario – December 31, 2025 – 55 North Mining Inc. (CSE:FFF) (FSE:6YF) (“55

North” or the “Company”) is pleased to announce the appointment of Wayne Parsons as

Executive Chair of the Board, effective January 1, 2026.

Mr. Parsons brings over 20 years of experience in the investment business, having worked at

BMO, RBC and most recently at National Bank Financial. He has since established a consulting

practice focused on the mining sector and provides strategic advisory s ervices to mining

companies focused on capital markets strategy, financing execution and investor engagement.

Mr. Parsons has served on a number of boards, most recently with Bunker Hill Mining Corp.

“Wayne’s skills and experience are exactly what 55 North needs as we advance this project

toward production,” said Bruce Reid, Chief Executive Officer of 55 North Mining. “He is well

connected globally and will be a tremendous help in connecting us with the right people to get

this project financed. We met in the early days of Bunker Hill Mining, and when that project

encountered challenges, Wayne stepped in, personally funded the recapitalization, and helped

assemble the team to move it forward. His reputation will be highly valuable to our future success.”

The Company believes Mr. Parsons’ appointment significantly strengthens its leadership and

positions 55 North to execute on its strategy of advancing the Last Hope Gold Project toward

development and production.

About 55 North Mining Inc.

55 North Mining Inc. is a Canadian exploration and development company advancing its high-

grade Last Hope Gold Project located in Manitoba, Canada.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Mr. Bruce Reid

Chief Executive Officer

55 North Mining Inc.

Phone: 647-500-4495

[email protected]

Mr. Vance Loeber

Corporate Development

Phone: 778-999-3530

[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 ach ievements, or

developments in the industry to differ materially from the anticipated results, performance or

achievements expressed or implied by such forward-looking statements.