Copper North Mining announces $1.3M private placement

News Release

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES

Copper North Announces $1,300,000 Non-Brokered Private Placement Offering

December 6, 2017 – Vancouver, British Columbia – Copper North Mining Corp. (“Copper North” or the “Company”) (TSX.V:COL) announces a non-brokered private placement offering (the “Offering”) to sell up to 5,000,000 of flow-through shares (“Flow Through Shares”) at a price of $0.10 per common share and 10,000,000 common shares at a price of $0.08 per common share to raise gross proceeds of $1,300,000.

The gross proceeds from the issue of the flow through shares (as defined in the Income Tax Act (Canada)) (the “Tax Act”) included in the Flow Through Shares will be used on a qualifying “flow-through mining expenditure” (as defined in Tax Act) related to the Company’s exploration project. The Company intends to renounce Canadian Exploration Expenses (as defined in the Tax Act) with an effective date of no later than December 31, 2017.

The gross proceeds from the Flow Through Shares will be used for exploration and engineering of the Company’s Carmacks Copper-Gold Project. The net proceeds of the common shares will be used for general working capital purposes.

The Offering is subject to receipt of applicable regulatory approvals including approval of the TSX Venture Exchange. All securities will be subject to a four month hold period.
The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “1933 Act”), or under any state securities laws, and may not be offered or sold, directly or indirectly, or delivered within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) absent registration or an applicable exemption from the registration requirements. This news release does not constitute an offer to sell or a solicitation to buy such securities in the United States unchanged.

About Copper North

Copper North is a Canadian mineral exploration and development company. Its assets include the Carmacks Project located in the Yukon, the Redstone Property located in the Northwest Territories, and the Thor Property in British Columbia. Copper North trades on the TSX Venture Exchange under the symbol COL.

On behalf of the Board of Directors:
Dr. Harlan Meade
President, CEO and Director

For Further Information
Dr. Harlan Meade
President and Chief Executive Officer
Tel: 604.398.3451
Email: info@coppernorthmining.com
Web: www.coppernorthmining.com