Silver North Resources Ltd. announced a non-brokered private placement of 5,000,000 unit at a price of CAD 0.1 per unit for the gross proceeds of CAD 500,000 on March 14, 2024. The units will consist of one common share and one non-transferable common share purchase warrant allowing the holder to buy an additional share for each full warrant held for a period of three years at CAD 0.20 per additional share. The closing of the offering is expected to occur on or about April 10, 2024, and is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange.

Finder's fees of 7 per cent in cash will be paid to eligible parties. The securities issued with respect to the offering will be subject to a hold period of four months and one day in accordance with applicable securities laws.