High North Resources-Appointment of Independent Director and Grant of Stock Options

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CALGARY, ALBERTA -- (Marketwired - June 11, 2014) - High North Resources Ltd. (TSX VENTURE:HN) (the "Company" or "High North") is pleased to report the appointment of Gabriel Ollivier to the board of directors.

Mr. Ollivier brings a wealth of expertise to the Company's board of directors in the areas of economics, finance, and strategic planning. He is currently the President and Chief Executive Officer of Equus Energy Advisors Inc., an energy consulting practice based in Calgary, Alberta. He is also the former President and Chief Executive Officer of UNX Energy Corp., which was sold in 2011. Prior to these roles, he spent nine years in the Canadian brokerage industry, most recently as a Managing Partner and Institutional Equity Salesman at Paradigm Capital Inc., and also as a Partner and Institutional Equity Salesman at Cormark Securities Inc. Mr. Ollivier's primary focus at these dealers was on the development and growth of their presence in the energy and energy services business. Mr. Ollivier started his career 23 years ago in Calgary's energy industry in various intermediate and ultimately senior economic, planning, and financial roles with Canadian Hunter Exploration Ltd., Crestar Energy Inc., and Murphy Oil Company Ltd. He holds a Masters degree in Economics and a Bachelor of Commerce degree, both from The University of Calgary, and is also a Chartered Financial Analyst (CFA) and a Certified Management Accountant (CMA). Mr. Ollivier joins the Company as an Independent Director.

Colin Soares, the Company's President and CEO stated: "High North is at a critical crossroads in its efforts to become a premier energy company, and we expect to greatly benefit from Mr. Ollivier's financial and strategic expertise. His most recent efforts and success at UNX Energy Corp. speak for themselves and we look forward to his valuable input."


Option Grant

The Company also announces that effective June 11, 2014, the board of directors of the Company approved the grant of an aggregate of 1,100,000 stock options to acquire an equivalent number of common shares of High North to: certain directors and an officer and an investment relations consultant, San Diego Torrey Hills Capital Inc., pursuant to the terms of the Company's rolling stock option plan. Each option is exercisable at a price of $0.56 per common share and will expire on June 11, 2019. The options are granted subject to the receipt of the necessary regulatory approvals, including the approval of the TSX Venture Exchange.


Reader Advisory Regarding Forward-Looking Statements

This news release contains certain statements that may be deemed "forward-looking statements". Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. In particular, but without limiting the foregoing, this press release contains forward-looking information and statements pertaining to, among other things, the following: the impact of Mr. Ollivier's appointment to the board of directors on the Company. Although High North believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of High North's management on the date the statements are made. Except as required by law, High North undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

Neither the 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.



CONTACT INFORMATION

High North Resources Ltd.
Mr. Colin Soares, Chief Executive Officer, President and Director
(403) 454-5565
csoares@highnorthresources.com

Mr. Kyle Stevenson, Investor Relations and Director
(604) 687-1779
kstevenson@highnorthresources.com
www.highnorthresources.com