Mr. Dave Webb reports

SIXTY NORTH GOLD ANNOUNCES CLOSING OF SECOND AND FINAL TRANCHE OF NON-BROKERED UNIT OFFERING

Further to Sixty North Gold Mining Ltd.'s news releases of March 18 and March 21, 2025, the company has closed the second and final tranche of 1,737,500 units at an offering price of 8.25 cents to raise additional gross proceeds of $143,343.75.

Each unit consists of one common share of the company and one non-transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional share of the company at a price of 11 cents per share for a period of 18 months; provided that if the closing market price of the issuer's shares on the Canadian Securities Exchange (CSE) is greater than 18 cents per share for a period of 10 consecutive trading days, the company may deliver a notice to the holders of warrants that the warrants will expire at 4 p.m. Vancouver time on the date that is 30 days from the date of delivery of such notice.

The securities for the second tranche of the offering will bear a legend restricting resale until Aug. 3, 2025. Finders' fees of $1,485 in cash and 18,000 non-transferable finders' warrants on the same terms as the warrants were paid to a finder under the offering pursuant to the policies of the CSE. The total net proceeds raised from the two tranches was $242,094.75.

The proceeds from the offering will be used for further exploration and development of the Mon gold property located in Northwest Territories, and for the company's general working capital requirements.

About Sixty North Gold Mining Ltd.

The company is developing mining operations for gold on its 100-per-cent-owned Mon gold property, 40 kilometres north of Yellowknife, NWT. Past production of the A zone extracted 15,000 tonnes at 30 grams per tonne gold from this vein (company technical report, Aug. 3, 2023, on SEDAR+). The Yellowknife gold camp hosts two mines that averaged 30 grams per tonne gold or better (Discovery and Sixty North Gold's Mon mine), and two that averaged 15 gpt or better for a total production of over 14 million ounces of gold (Con Min and Giant mine).

The property also hosts an outcropping precious-metals-rich VMS (volcanogenic massive sulphide) showing, and has four modelled geophysical targets along strike within felsic tuffs, lithic and lapilli tuffs. The company plans to drill these targets with this funding.

We seek Safe Harbor.