Northern Lights Resources Corp C.NLR

Alternate Symbol(s): NLRCF

Metals & Mining Industrial Metals & Minerals

Northern Lights Resources Corp. is an exploration and development company. The Company is engaged in advancing two projects: The 100% owned, Secret Pass Gold Project located in Arizona and Caldera Copper Project located in Lincoln County, Nevada. The Secret Pass Gold Project totals over 271 hectares (ha) comprised of one State mineral license (212 ha) and eight Bureau of Land Management mineral claims (65 ha). The Caldera project consists of over 55 BLM mineral claims with a total area of approximately 418 hectares. It also holds a 1% NSR royalty on the Medicine Springs Silver Project in Nevada. The Medicine Springs Project is located on the eastern edge of the Carlin Trend in southeastern Elko County, Nevada. Medicine Springs is a district scale exploration project comprising over 599 mineral claims over a total area of approximately 4,830 ha. It also has an option agreement to acquire a 100% interest in the Horetzky Copper Project located in the Babine porphyry copper belt.

CSE:NLR - Post by User

Northern Lights Resources Corp > Headline the $43,000 Debt Settlement

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Comment by ValueProon Jan 06, 2023 12:31pm

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Post# 35207165

RE:RE:RE:Headline the $43,000 Debt Settlement

Why were shares issued at .00881?

It would be best if you asked them, though shares are often sold at a discount to the market price in private offerings. It is curious, though, that the deal coincided with the recent low in the open market share price.

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