Sixty North Gold Mining Ltd. Issues Early Warning Report
Sixty North Gold Mining Ltd. Issues Early Warning Report
Vancouver, British Columbia--(Newsfile Corp. – June 11, 2023) – Sixty North Gold Mining Ltd.
(CSE: SXTY; FKT: 2F40; OTC-Pink: SXNTF) (the “Company” or “Sixty North Gold”)
In connection with the first closing of Sixty North’s recent unit private placement offering, David R. Webb
(the “purchaser”), the Company’s President, Chief Executive Officer and a director, and all persons
acting jointly or in concert with the purchaser, have acquired, directly and indirectly, 875,000 common
shares of the Company (the "Shares") and warrants to purchase an additional 875,000 Shares of the
Company (the “Warrants”), representing approximately 6.1% of the total issued shares of the Company
on a partially diluted basis (assuming exercise of these Warrants only).
The purchaser, and all persons acting jointly or in concert with the purchaser, previously held 5,283,608
Shares, and 80,000 incentive stock options, representing approximately 24.8% of the then issued and
outstanding Shares of the Company on a partially diluted basis. After the recent distribution described
above, the purchaser now holds or has control or direction over a total of 6,158,608 Shares, 875,000
Warrants, and 80,000 stock options, representing approximately 24.9% of the total issued and
outstanding Shares of the Company on a partially diluted basis (assuming the exercise of these Warrants
and stock options only).
The purchaser intends to hold the Shares and Warrants for investment purposes. Depending upon
market conditions and other factors, the purchaser may from time to time acquire additional securities of
the Company, dispose of some or all of the existing or additional securities it holds in the Company, or will
hold or may continue to hold its current position.
Additional information concerning the foregoing is contained in the Early Warning Report filed by the
purchaser on SEDAR under the Company’s profile.
s/“David R. Webb”
David R. Webb
For further informa9on, please contact David Webb 604-818-1400
THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF
THIS PRESS RELEASE.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of
the securities in the United States. The securities have not been and will not be registered under
the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any
securities laws of any state of the United States and may not be offered or sold within the United
States or to a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless
registered under the U.S. Securities Act and any applicable securities laws of any state of the
United States or an exemption from such registration requirements is available.
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States.