55 North Mining Inc. announced a private placement of 2,333,333 units at a price of CAD 0.015 per unit for gross proceeds of CAD 35,000 on April 17, 2023. All Units consist of one common share and one common share purchase warrant exercisable at CAD 0.05 for a period of forty eight months. All securities issued will be subject to a four month hold period which will expire on the date that is four months and one day from the date of issue.