Silver North Upsizes Private Placement to C$10.6 Million

Silver North Resources Ltd. announced an increase in gross proceeds from its private placement to C$10.584 million due to strong investor demand. The company will issue units and charity flow-through units through Red Cloud Securities Inc., acting as sole agent and bookrunner for the offering. Each unit, priced at C$0.40, includes one common share and a half warrant, while charity FT units, priced at C$0.56, include one flow-through share and a half warrant.

The additional funding aims to support exploration of Silver North’s properties in Yukon Territory. The Haldane and Veronica projects will receive particular focus. Closing is anticipated around February 10, 2026, subject to approval from the TSX Venture Exchange. Both Canadian residents and certain international investors will have access to purchase these units under specific exemptions.