NLR.CN · 2021-01-13 12:00:00

Corporate Update - Options Granted

Share Capital & Compensation

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Corporate Update

January 13, 2021 CSE Symbol: NLR

OTCQB: NLRCF

Vancouver, British Columbia. Northern Lights Resources Corp. (“Northern Lights”, “NLR”

or the “Company” )(CSE:NLR, OTC: NLRCF) announces that it has granted an aggregate of

500,000 incentive stock options (“Stock Options”) under the Company’s stock option plan to

directors, officers and consultants of the company exercisable at a price of $0.07 per share for

a period of five years expiring January 13, 2026.

For further information on Northern Lights Resources please contact:

Albert Timcke, Executive Chairman and President

Tel: +1 604 608 6163

Jason Bahnsen, Chief Executive Officer

Tel: +1 604 608 6163

Shawn Balaghi, Investor Relations

Tel: +1 604 773 0242

About Northern Lights Resources Corp.

Northern Lights Resources Corp is a growth -oriented exploration and development company

that is advancing two projects: The 100% owned, Secret Pass Gold Project located in Arizona;

and the Medicine Springs silver -zinc-lead Project located in Elko County Nevada where

Northern Lights is earning 100% in joint venture with Reyna Silver Corp.

Northern Lights Resources trades under the ticker of “NLR” on the CSE. This and other

Northern Lights Resources news releases can be viewed at www.sedar.com and

www.northernlightsresources.com.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes

certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements

include, but are not limited to, statements concerning: the terms and conditions of the proposed private placement;

use of funds; the business and operations of the Company after the proposed closing of the Offering . Forward-

looking statements are necessarily based upon several estimates and assumptions that, while considered

reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual

results and future events to differ materially from those expressed or implied by such forward-looking statements.

Such factors include, but are not limited to general business, economic, competitive, political and social

uncertainties; delay or failure to receive board, shareholder or regulatory approvals; and the uncertainties

surrounding the mi neral exploration industry. There can be no assurance that such statements will prove to be

accurate, as actual results and future events could differ materially from those anticipated in such statements.

Accordingly, readers should not place undue relian ce on forward -looking statements. The Company disclaims

any intention or obligation to update or revise any forward -looking statements, whether as a result of new

information, future events or otherwise, except as required by law.