NLR.CN · 2022-02-11 12:00:00

Corporate Update - Share Issuance

Share Capital & Compensation

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Corporate Update

February 11, 2022 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 issued 10,655,833 common

shares of the Company to Mirabel Capital Ltd (the “Investor”) under the terms of the convertible

security agreement announced May 28, 2021 (the “Conversion Shares”) . The Conversion

Shares were issued upon the Investor converting US$150,000 of the original US$890,000

principal amount. Please see the NLR announcement of May 28, 2021 for details of the

conversion terms.

Following the issue of the Conversion Shares, Northern Lights has 125,722,726 common

shares on issue.

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.