Correction - 55 North Mining Inc. Announces An Updated Exploration Agreement with The Marcel Colomb First Nation Band
Correction - 55 North Mining Inc. Announces An Updated Exploration Agreement with
The Marcel Colomb First Nation Band
Toronto, Ontario – June 3, 2025 - 55 North Mining Inc. (“55 North” or the “Company”) is
pleased to announce that the Company and Marcel Colomb First Nations (MCFN) have signed
an Exploration Agreement (“the Agreement”) outlining a framework for exploration activities
within MCFN Traditional Territory and a mutually beneficial relationship between the Company
and MCFN.
The Agreement details how the two parties will work together to progress ongoing exploration
activity.
As part of the Company's agreement with the Marcel Colomb Band, the Company will issue 2
million common shares (the “Common Shares”) and the Board of Directors has approved the
grant, to the Marcel Colomb Band, of 2 million stock options (the "Options") exercisable for a total
of 2 million Common Shares at an exercise price of $0.15 for a period of 60 months. All Options
were granted pursuant to the Company's stock option plan and are subject to the terms of the
applicable grant agreements and the requirements of the Canadian Securities Exchange.
About 55 North Mining Inc.
55 North Mining Inc. is an 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, Director
55 North Mining Inc.
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.