55 North Mining Inc. is pleased to announce assay results from its first 5 holes of an ongoing diamond drill program at its high-grade Last Hope Gold Project, located 20 km south of Alamos' Lynn Lake Gold Project in Manitoba. Highlights - New parallel en-echelon zones identified 7.59 g/t over 7.0 m in hole LH-20-03. 6.76 g/t over 5.2 m in hole [...]
55 North Mining Inc. is pleased to announce that it has closed the non-brokered flow-through private placement financing announced on April 21, 2021 for gross proceeds of $310,000. The flow-through financing consisted of 1,550,000 units priced at $0.20. Each FT Unit is comprised of one common share and one common share purchase warrant entitling [...]
55 North Mining Inc. is pleased to announce that it plans to raise up to $300,000 in a non-brokered flow-through private placement financing. The flow-through financing will consist of 1,500,000 units priced at $0.20. Each FT Unit will be comprised of one common share and one common share purchase warrant entitling the holder to acquire one [...]
55 North Mining Inc. is pleased to declare a cash dividend of C$0.0839 per share on a pre-roll up basis to shareholders of record as of July 11, 2020. The dividend represents the distribution to shareholders of the net proceeds of the sale of Aston Minerals Ltd. shares held by the Company. The Company's transfer agent, TSX Trust Company, will [...]
55 North Mining Inc. announces the issuance of 9,100,000 stock options with an exercise price of CAD$0.15 per share for the purchase of up to 9,100,000 shares of the Company, expiring April 20, 2026. The stock options are being issued to directors, officers, consultants, and employees of the Company and are subject to approval by regulatory [...]
55 North Mining Inc. is pleased to report an updated NI 43-101 compliant resource estimate on its high grade Last Hope Gold Project in Lynn Lake Manitoba. The update to the resource estimate was a requirement for the upcoming listing of its common shares on the Canadian Securities Exchange under the symbol "FFF". Resource Estimate Updated for Gold [...]
55 North Mining Inc. is pleased to report that it has received all necessary approvals and will commence trading of its common shares on the Canadian Securities Exchange on April 20, 2021 under the symbol "FFF". The Company is currently drilling its high-grade Last Hope Gold Project near Lynn Lake in Manitoba, Canada, and expects to release [...]
55 North Mining is pleased to announce that on September 2, 2020 it completed the previously announced three-cornered amalgamation of its wholly-owned subsidiary 55 North Mining Operations Inc. with 2552883 Ontario Inc. a private issuer based in Ontario, whereby the Company acquired control of the resulting amalgamated entity, 55 North Mining [...]
55 North Mining is pleased to announce that it has completed the previously announced sale (see press release dated July 3, 2020) of its 100% interest in the Edleston Gold Project to European Cobalt Ltd. See also press release dated June 8, 2020 which announced the signing of a binding letter of intent to enact this transaction. Under the terms of [...]
55 North Mining Inc. announces that Brien Sirola has resigned as a director of the Company for personal reasons. Bruce Reid, President and Chief Executive Officer, commented: “Brien has contributed immensely to 55 North’s development over the years, and his contribution will be sorely missed. We wish him all the best in his future endeavours [...]
55 North Mining Inc. announces that it has entered into a definitive agreement with European Cobalt Ltd. pursuant to which European Cobalt Ltd. will acquire 100% of the rights, title and interest in the Edleston Gold Project located south of the Timmins gold camp in Ontario Canada . See press release dated June 8, 2020 which announced the signing [...]
55 North Mining Inc. announces that it has entered into a binding letter of intent with 2552883 Ontario Inc. , whereby 55 North will enter into a business combination with 2552883 whereby the shareholders of 2552883 will become shareholders of 55 North . 2552883 is the owner of an option to acquire 100% of the rights, title and interest in the Last [...]
