55 North Mining Inc. announced a non-brokered private placement of 3,700,0000 units at CAD 0.06 per unit for gross proceeds of CAD 222,000 on November 15, 2018. Each unit consists of one flow through common share and one non-flow-through share purchase warrant. Each warrant entitle the holder to acquire one common share for CAD 0.07 per share for a period of 24 months from the date of closing. The securities issued are subject to hold period of four months plus a day the date of issuance.