Silver North $2.1 Million Non-Brokered Flow-Through Private Placement Fully Subscribed

Silver North Resources Ltd. (TSX-V: SNAG) has successfully completed the subscription of its $2.1 million non-brokered flow-through private placement, originally announced on June 23, 2025. The full subscription of this financing round demonstrates strong investor confidence in the company's exploration prospects and strategic direction.

In response to continued investor interest beyond the initial offering, Silver North has announced an additional non-flow-through private placement of up to $500,000 priced at $0.15 per unit. This supplementary financing vehicle allows the company to capture additional capital while providing flexibility for investors who may not require the flow-through tax benefits.

The successful completion of the flow-through placement provides Silver North with immediate capital for exploration activities while offering investors the associated tax advantages. Flow-through financings are particularly attractive in the current market environment as they allow investors to deduct exploration expenditures against their income, making junior mining investments more compelling from a tax perspective.

This financing success positions Silver North to advance its exploration programs and potentially accelerate development timelines. The company's ability to fully subscribe the initial placement and generate additional demand suggests strong market reception for its projects and management team's execution capabilities.