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Northern Superior Resources Inc.
Northern Superior Resources Inc.
Registriert in: Kanada WKN: A2PBMA Rohstoffe:
Art: Originalaktie ISIN: CA6658043089 Gold
Heimatbörse: TSX Venture Alternativ: NSUPF
Währung: CAD    
Symbol: SUP.V Forum:

Northern Superior Resources Increases Minimum Offering Size of Previously Announced Non-Brokered Private Placement to C$3.0 Million

09.11.2020 | 16:45 Uhr | Accesswire
New Gold Inc. to Maintain Its 9.99% Ownership Stake

SUDBURY, November 9, 2020 - Northern Superior Resources Inc. (the "Company" or "Northern Superior") (TSXV:SUP)(OTCQB:NSUPF) is pleased to announce that is intends to increase the minimum offering amount of the private placement financing which was described in the Company's press release disseminated earlier today, from C$1.5mm to C$3.0mm due to excessive demand. The remaining terms of the offering remain as described in the earlier press release (see Northern Superior Resources press release, November 9, 2020).

About Northern Superior Resources Inc.

Northern Superior is a junior exploration company exploring for gold in the Superior Province of the Canadian Shield. The Company is currently focused on exploring its Lac Surprise, Croteau Est and Wapistan properties in Québec and its TPK property in Ontario. Northern Superior also has a number of other 100% owned properties in Ontario and Québec.

Northern Superior is a reporting issuer in British Columbia, Alberta, Ontario and Québec, and trades on the TSX Venture Exchange under the symbol SUP.

For further information contact:

Thomas F. Morris P.Geo., PhD., FGAC
President and CEO
Tel: (705) 525 ?0992
Fax: (705) 525 ?7701
e?mail: info@nsuperior.com

Forward Looking Statement:

Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Not for distribution to United States newswire services or dissemination in the Unites States

SOURCE: Northern Superior Resources Inc.

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Weitere Nachrichten, englisch zu Northern Superior Resources Inc.
20.07.21 Northern Superior to Test Expansion of CBSZ 43-101 Compliant (640,000 oz Gold, 1.7g/t Gold) Gold Resource* Croteau Est Property
06.07.21 Northern Superior Intersects 2.02g/t AuEq over 42.60m at Lac Surprise, Extending Strike of Falcon Gold Zone Another 200m to 650m
27.05.21 Northern Superior Extends Falcon Gold Zone to 450.00m Strike, Latest Intersections Highlighted by 1.39g/t AuEq over 40.00m Lac Surprise Gold Property
05.05.21 Northern Superior and Cree First Nation of Waswanipi Sign Mineral Exploration Agreement, Lac Surprise Property, West-Central Quebec
19.04.21 Northern Superior Announces Progress Update and Expansion of Phase II Drill Program at Lac Surprise to a Minimum of 13,000 Meters
15.03.21 Northern Superior Resources Commences 10,000 m Phase II Core Drill Program at Lac Surprise, Expanding the Falcon Gold Discovery
21.01.21 Northern Superior to Initiate up to 10,000 Meter Phase 2 Core Drill Program at Lac Surprise in Early February & Announces Additional Phase 1 Program Assays
22.12.20 Northern Superior Resources Extends New Gold Discovery by 200 m West by Intersecting 44.9 m at 1.55 g/t AuEq at Lac Surprise
17.12.20 Northern Superior Resources Announces Closing of $4.25MM Private Placement
12.11.20 Northern Superior Resources Closes Book on Previously Announced Non-Brokered Private Placement at C$4.25 Million
09.11.20 Northern Superior Resources Increases Minimum Offering Size of Previously Announced Non-Brokered Private Placement to C$3.0 Million
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