Corporate Update - Share Issuance

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Corporate Update

Vancouver, British Columbia , January 13, 2023 Northern Lights Resources Corp.

(“Northern Lights”, “NLR” or the “Company” )(CSE:NLR, OTC: NLRCF) announces that it has

issued 4,101,300 common shares of the Company (the “Shares”) to Mirabel Capital Ltd (the

“Investor”) for consideration of approximately C$49,216 (US$36,000).

The Shares have been issued under the terms of the Convertible Security Agreement. See

NLR announcement of May 28, 2021 for details of the C onvertible Security Agreement. The

outstanding principal remaining for the Convertible debt owing to Mirabel Capital Ltd is

US$280,000 (a US$610,000 reduction from the original US$890,000 face value).

For further information on Northern Lights Resources please contact:

Albert Timcke, Executive Chairman and President

Email: [email protected]

Tel: +1 604 608 6163

Jason Bahnsen, Chief Executive Officer

Email: [email protected]

Tel: +1 604 608 6163

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. Northern Lights

also has exposure to the Medicine Springs Project in Nevada via a 5% equity position in Reyna Silver

Corp plus a 1% future NSR royalty on the Medicine Springs Project.

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.