Northern Lights Resources - Corporate Update
Corporate Update
Vancouver, British Columbia, December 17, 2021, Northern Lights Resources Corp.
(the “Company”) (CSE: NLR, OTC: NLRCF) announces that it has issued 1,873,482
common shares of the Company (the “Shares”) to the vendors of the Medicine Springs
Project under the terms of the Medicine Springs Option Agreement and the subsequent
Option/Joint Venture Agreement with Reyna Silver Corp. (see NLR announcement October
5, 2020).
The Shares are subject to the standard 4 month plus one day hold period.
In addition, the Company announces 12,627,772 previously issued common share
purchase warrants exercisable at $0.075 with the privat e placement announcement
January 3 , 2020 expiring January 22, 2022 the board has extended the expiry date by 36
months to January 22, 2025.
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]
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, in joint venture with Reyna Silver are e arning 100%
ownership. Northern Lights Resources is a member of the Arizona Mining Association.
Northern Lights Resources trades under the ticker of “NLR” on the CSE and “NLRCF” on
the OTCQB. This and other Northern Lights Resources news releases can be viewed at
www.sedar.com and www.northernlightsresources.com.
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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 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 ev ents 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, shar eholder 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 anticipat ed 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.