Northern Superior Announces Closing of C$5 Million Non-Brokered Private Placement Financing With Participation of Strategic Investors and Insiders

Feb 10, 2023

TORONTO, ON / ACCESSWIRE / February 9, 2023 / Northern Superior Resources Inc. ("Northern Superior" or the "Company") (TSXV:SUP, Financial)(OTCQB:NSUPF) is pleased to announce that it has completed the closing (the "Closing") of its CDN$5M non-brokered equity private placement announced on January 24, 2023 (the "Offering"). In connection with the Closing, the Company issued 10,000,000 common shares (each, a "Share") at an issue price of CDN$0.50 per Share, for gross proceeds of CDN$5,000,000. The proceeds of the Offering will be used to fund exploration activities on one or more of its properties and for general corporate purposes.

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