NLR Recieves Notice of Default from Mirabel Capital and Corporate Update
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NLR Receives Notice of Default from Mirabel Capital and
Corporate Update
Vancouver, British Columbia . August 22, 2024, Northern Lights Resources
Corp. (“Northern Lights” or the “Company”) (CSE: NLR, OTC: NLRCF) announces that
has received a notice of default related to the amended debt agreement with Mirabel
Capital Ltd (the “Investor”) (see NLR announcement dated 27 February 2024).
The Company is dispu ting this notice of default and will update shareholders with new
information when available.
The Company also moved its office to 300 - 1055 West Hasting Street, Vancouver, BC
V6E 2E9.
For further information, 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 developme nt
company that is advancing three projects: The 100% owned, Secret Pass Gold Project
located in Arizona and its new acquisition of the Caldera Copper Property in Nevada.
Northern Lights also has exposure to the Medicine Springs Project in Nevada via a n
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.
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 with respect to: 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 a number of
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estimates and assumptions that, while considered reasonable, are subject to known and unknown risks,
uncertainties, and other factors that may cause the actual results and future events to differ materially from
those expressed or implied by suc h 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 surroundi ng the mineral 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 reliance 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