Northern Lights Appoints Investor Relations Consultant
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Appointment of Investor Relations Consultant
December 14, 2020 CSE Symbol: NLR
Vancouver, British Columbia. Northern Lights Resources Corp. (the “Company” or
“Northern Lights”) is pleased to announce that it has entered into an Investor Relations
Agreement with Mr. Shawn Balaghi and Ascent Corporate Management Inc. (the
“Consultant”) to assist with investor relations activities, including communicating and
marketing to potential investors, shareholders and media contacts. The Investor Relations
Agreement is for a period of six months and month to month thereafter and can be
terminated at any time by providing 30 days written notice.
Shawn has been involved in public equity market roles for more than 23 years. Over his
career, he has held senior roles in private and listed public technology and resource
companies. Most recently Shawn worked in Investor Relations at Mag Silver Corporation
and has previously held senior positions with South American Mining Corp , Tara Gold
Resources and Red Biosciences Corp. Prior to that, Mr. Balaghi spent approximately 15
years working as a resource banker working with firms including Deutsche Bank,
Macquarie Bank, and Canaccord . Mr. Balaghi holds a B.com from Simon Fraser
University.
In consideration for the services, the Company will pay the Consultant $6,500 on a
monthly basis. The Company has, subject to regulatory approval, granted the Consultant
stock options entitling the Consultant to purchase 500,000 common shares of the
Company at a price of $0.07 per share with a five year term.
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
Shawn Balaghi, Investor Relations
Email: [email protected]
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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, in joint venture with Reyna Silver is earning 100%
ownership.
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 pl acement; 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
estimates and assumptions that, while considered reasonable, are subject to kno wn 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 busin ess, economic, competitive, political and social uncertainties; delay or failure to
receive board, shareholder or regulatory approvals; and the uncertainties surrounding 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 obliga tion to update or revise any forward -looking statements, whether as a result of new
information, future events or otherwise, except as required by law.