6-K
Silver North Resources Ltd. (TARSF)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 AND 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the Month of January 2026
File No. 000-55193
Silver North Resources Ltd.
(Name of Registrant)
410 – 325 Howe Street Vancouver, British Columbia, Canada V6C 1Z7
(Address of principal executive offices)
Indicate by check mark whether the Registrant files or will file annual reports under cover of Form 20-F or Form 40-F FORM 20-F x FORM 40-F ¨
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Form 6-K to be signed on its behalf by the undersigned, thereunto duly authorized.
Silver North Resources Ltd.
(Registrant)
| Dated: February 27, 2026 | By: /s/ “Winnie Wong”<br><br><br>Winnie Wong,<br><br><br>Chief Financial Officer |
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Exhibits:
99.1****News Release dated January 12, 2026
99.2****News Release dated January 15, 2026
99.3****News Release dated January 16, 2026
99.4****News Release dated January 16, 2026 (2)
Silver North News Release
| Trading Symbol (TSX-V: SNAG)<br><br><br>410-325 Howe Street<br><br><br>Vancouver, British Columbia<br><br><br>Canada V6C 1Z7<br><br><br>Tel: (604) 687 3520<br><br><br>Fax: 1-888-889-4874<br><br><br>www.silvernorthres.com |
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| NR 26-01 |
Silver **** North **** intersects 9.1 0 metres averaging 428.3 g/t Silver and 0.73 g/t Gold from 182.4 0 m etres **** at the Haldane Silver Property, Yukon
·Includes 2.80 m of 1,069 g/t silver and 1.41 g/t gold in HLD25-36. ·Main Fault mineralization intersected in drilling on three sections in 2025 program, representing approximately 100 metres strike extent and 150 metres downdip.
·Strong gold values consistent with previous Main Fault intersections.
Vancouver, BC, January 12, 2026 – Silver North Resources Ltd. (TSX-V: SNAG, OTCQB: TARSF) “Silver North” or the “Company”) announces that the Company has received results from the remaining two holes from the 2025 exploration program at its flagship Haldane Silver Property in the historic Keno Hill Silver District, Yukon. Results include 2.80 metres averaging 1,069 g/t silver, 1.41 g/t gold, 12.60% lead and 3.01% zinc within a larger 9.10 metre intersection of 428 g/t silver, 0.73 g/t gold, 5.26% lead and 1.73% zinc from 182.40 metres down hole. A total of eight holes (totalling 1,759.5 metres) were completed in the 2025 program, seven of which successfully tested the Main Fault, intersecting silver-bearing siderite-sulphide vein and vein breccia mineralization. One hole (HLD25-37) was abandoned within what is interpreted to be the Main Fault but no core was recovered. The road-accessible 8,579 hectare Haldane Property is located 25 km west of Keno City, YT, adjacent to Hecla Mining’s producing Keno Hill Silver Mine property, and hosts numerous occurrences of silver-lead-zinc-bearing quartz siderite veins resembling the ore-bearing veins being mined at Keno Hill.
“The Main Fault is showing itself to be a strong and complex fault structure capable of hosting high grade silver, gold, lead and zinc mineralization. We are in the early days of revealing the potential of this target, one of three new discoveries Silver North has made so far on the property,” stated Jason Weber, P.Geo., President and CEO of Silver North. “With funding already in place to start the 2026 program as early as possible, we will be planning the next program to further define the potential of the Main Fault and other targets at Haldane shortly.”
HLD25-36 and 38 were drilled off section to test for structures oblique to the Main Fault (“linkage” or “transverse” faults), and to investigate the continuity of vein and structure internal to the Main Fault complex. The collar location table and plan map shown below indicate the collar and hole orientation with respect to the rest of the Main Fault. As with other intersections at the Main Fault and elsewhere on the Haldane property, mineralization in both holes consists of siderite +/- quartz, galena and sphalerite veins and breccias, as well as strongly faulted and ground up vein and vein breccia material.
Table 1 : 2025 Drilling – Significant Results **** HLD25- 36 and 38
| Hole | From (m) | To (m) | Interval (m) | Ag (g/t) | Au (g/t) | Pb (%) | Zn (%) | Silver Eq^1^ |
|---|---|---|---|---|---|---|---|---|
| HLD25-36 | 161.00 | 164.15 | 3.15 | 228 | 0.10 | 0.48 | 0.45 | 232 |
| 182.40 | 191.50 | 9.10 | 428 | 0.73 | 5.26 | 1.73 | 557 | |
| incl | 188.00 | 190.80 | 2.80 | 1069 | 1.41 | 12.60 | 3.02 | 1335 |
| HLD25-38 | 177.00 | 178. 50 | 1.50 | 406 | 0.10 | 3.13 | 0.18 | 436 |
| 196.30 | 218.30 | 22.00 | 71 | 0.17 | 1.56 | 0.76 | 114 | |
| incl | 198.00 | 207.50 | 9.50 | 140 | 0.29 | 3.44 | 1.34 | 227 |
| and incl | 203.60 | 205.50 | 1.90 | 437 | 0.35 | 14.55 | 4.04 | 740 |
^1^ Silver-equivalent values are calculated assuming typical recoveries based on metallurgical studies conducted on a range of analogous vein deposits and are not necessarily reflective of metallurgy on the property. No metallurgical work has been reported on the property. The recoveries used are 92% silver, 70% gold, 88% lead and 70% zinc. The silver – equivalent formula: using the formula: ((35 * silver (g/t)*0.92 / 31.1035) + (3000 * gold (g/t)*0.70 / 31.1035) + (1.00 * 2204 * lead %*0.88/100) + (1.20 * 2204 * zinc %*0.70/100)) *(31.1035 / 35). Metal price assumptions are US$35/oz silver, US$3,000/oz gold, US$1.00/lb lead and US$1.20/lb zinc. True widths are unknown.
HLD25-36 intersected two splays of the Main Fault over 31 metres, starting at 161.0 m, separated by 18.25 metres of weaker structurally influenced quartzite, phyllitic quartzite, and phyllite with anomalous silver between the upper and lower splay. The entire 161.00 to 192.00 metres returned 174 g/t silver, 0.26 g/t gold, 1.68% lead and 0.64% zinc. The upper splay, from 161.00 to 164.15 returned 3.15 m averaging 228 g/t silver, 0.10 g/t gold, 0.48% lead and 0.45% zinc, while the more strongly mineralized lower splay averaged 428 g/t silver, 0.73 g/t gold, 5.26% lead and 1.73% zinc over 9.10 metres starting at 182.4 m down hole. A high-grade section of this interval, from 188.00 to 190.80 m averaged 1,069 g/t silver, 1.41 g/t gold, 12.60% lead and 3.02% zinc over 2.80 metres.
HLD25-38 intersected multiple mineralized intervals starting at 177.00 metres depth. A 1.50 metre section of brecciated vein material returned 406 g/t silver, 0.10 g/t gold, 3.13% lead and 0.18% zinc overlying 17.80 metres of quartzite, minor vein breccia and phyllitic quartzite anomalous in silver, lead and zinc from 178.50 to 196.30 metres. The lower section of Main Fault mineralization was intersected from 196.30 to 218.30 metres, a 22 metre zone which includes a 1.90 metre strongly mineralized section averaging 437 g/t silver, 0.35 g/t gold, 14.55% lead and 4.04% zinc.
Table 2 : 2025 Drilling – Collar Location Data ( NAD83, UTM Zone 8)
| Hole | Depth (m) | Easting (m) | Northing (m) | Elevation (m) | Azimuth | Dip |
|---|---|---|---|---|---|---|
| HLD25-31 | 282.9 | 456776 | 7082990 | 1260 | 104 | -86 |
| HLD25-32 | 189.0 | 456825 | 7083060 | 1268 | 130 | -68 |
| HLD25-33 | 208.4 | 456776 | 7082990 | 1260 | 63 | -67 |
| HLD25-34 | 203.0 | 456757 | 7082951 | 1258 | 105 | -54 |
| HLD25-35 | 207.0 | 456757 | 7082951 | 1258 | 105 | -71 |
| HLD25-36 | 210.0 | 456757 | 7082951 | 1258 | 63 | -55 |
| HLD25-37 | 171.0 | 456729 | 7082904 | 1249 | 104 | -62 |
| HLD25-38 | 220.3 | 456776 | 7082990 | 1260 | 125 | -74 |
The Company has now received all outstanding analytical results from the 2025 program. One hole, HLD25-37 was not sampled as the hole had to be abandoned in what is interpreted to be the beginning of the Main Fault, and no core was recovered. Management is now focused on interrogation of the complete Main Fault dataset to identify mineralization controls in preparation for the 2026 program. With funding in place, management intends to start with an airborne geophysicalsurvey in late Q1 or early Q2 of this year. This timing would allow for interpretation of the airborne data to further inform targeting, with drilling to commence as soon as conditions on site allow.

Figure 1: Main Fault Drill Plan Map
Figure 2: Cross Section De-De'
Figure 3: Cross Section Df-Df'
Quality Assurance / Quality Control All samples were analyzed by 33 element four-acid digestion ICP-MS methods (ME-ICP61 and ME-MS61) at ALS Canada Ltd. Sample preparation was completed in Whitehorse, Yukon and geochemical analyses were performed in Vancouver, British Columbia. Samples with over limit silver and gold were re-analyzed using a 30-gram fire assay fusion with a gravimetric finish. Over-limit lead and zinc samples were analyzed by four acid digestion and atomic absorption spectrometry. All results have passed the QA/QC screening by the lab. Hardline Exploration Ltd, of Smithers, BC is executing and managing the Haldane Project. Hardline utilized a quality control and quality assurance protocol for the drill core sampling, including blank, duplicate, and standard reference samples.
About **** Silver **** North **** Resources **** Ltd.
Silver North’s primary assets are its 100% owned Haldane Silver Project (next to Hecla Mining Inc.’s Keno Hill Mine project), the Tim Silver Project (under option to Coeur Mining, Inc. in the Silvertip/Midway District, BC and Yukon) and the GDR project also in the Silvertip/Midway district. Silver North also plans to acquire additional silver properties in favourable jurisdictions.
The Company is listed on the TSX Venture Exchange under the symbol “SNAG”, trades on the OTCQB market in the United States under the symbol “TARSF”, and under the symbol “I90” on the Frankfurt Stock Exchange.
Mr. Jason Weber, P.Geo., President and CEO of Silver North Resources Ltd. is a Qualified Person as defined by National Instrument 43-101. Mr. Weber supervised the preparation of the technical information contained in this release and approved the news release.
For further **** information, **** contact:
Jason Weber, President and CEO
Sandrine Lam, Shareholder Communications
Tel: (604) 807-7217
Fax: (888) 889-4874
To learn more visit: www.silvernorthres.com
X: https://X.com/SilverNorthRes
LinkedIn: https://www.linkedin.com/company/silvernorth-res-ltd/
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. STATEMENTS IN THIS NEWS RELEASE, OTHER THAN PURELY HISTORICAL INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS AND UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD- LOOKING STATEMENTS. Silver North News Release
| Trading Symbol ( TSX -V: SNAG)<br><br><br>410-325 Howe Street<br><br><br>Vancouver, British Columbia<br><br><br>Canada V6C 1Z7<br><br><br>Tel: (604) 687 3520<br><br><br>Fax: 1-888-889-4874<br><br><br>www.silvernorthres.com |
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| NR 2 6-02 |
Silver **** North **** Announces Brokered LIFE Private Placement for Gross Proceeds of up to C$5 .0 Million
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Vancouver, BC, January 15, 2026 **** – Silver North Resources Ltd. (TSX-V: SNAG) “Silver North” or the “Company”) is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. (“Red Cloud”) to act as sole agent and bookrunner in connection with a “best efforts” private placement (the “Marketed Offering”) for aggregate gross proceeds of up to C$5,000,000 from the sale of (i) up to 5,000,000 units of the Company (the “Unit s”) at a price of C$0.40 per Unit and (ii) up to 5,357,143 flow-through units of the Company to be sold to charitable purchasers (the “Charity FT Unit s”, and together with the Units, the “Offered Securities”) at a price of C$0.56 per Charity FT Unit.
Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Charity FT Unit will consist of one common share of the Company to be issued as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada) (each, a “FT Share”) and one-half of one Warrant. Each whole Warrant shall entitle the holder to purchase one common share of the Company at a price of C$0.56 at any time after the 60th day following the Closing Date (as herein defined) to the date that is on or before that date which is 36 months after the Closing Date.
The Company has also granted Red Cloud an option, exercisable in full or in part up to 48 hours prior to the closing of the Marketed Offering, to sell up to an additional C$1,000,000 in any combination of Units and Charity FT Units at their respective offering prices (the “Agent’s Option”). The Marketed Offering and the securities issuable upon exercise of the Agent’s Option shall be collectively referred to as the “Offering”.
The Company intends to use the gross proceeds from the Offering for exploration and related programs on the Company’s Haldane and Veronica properties in Yukon Territory as well as for working capital and general corporate purposes, as is more fully described in the Offering Document (as herein defined). The gross proceeds from the sale of FT Shares will be used by the Company to incur eligible “Canadian exploration expenses” that qualify as “flow-through mining expenditures” as both terms are defined in the Income Tax Act (Canada) (the “Qualifying Expenditures”) related to the Company’s Haldane and GDR projects on or before December 31, 2027. All Qualifying Expenditures will be renounced in favour of the subscribers of the Charity FT Units effectiveDecember 31, 2026. If the Qualifying Expenditures are reduced by the Canada Revenue Agency, the Company will indemnify each Charity FT Unit subscriber for any additional taxes payable by such subscriber as a result of the Company’s failure to renounce the Qualifying Expenditures as agreed. Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions (“NI 45-106”), the Offered Securities under the Offering will be offered for sale to purchasers resident in the provinces of Alberta, British Columbia, Manitoba, Ontario and Saskatchewan pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the “Listed Issuer Financing Exemption”). The securities issuable from the sale of the Offered Securities are expected to be immediately freely tradeable in accordance with applicable Canadian securities legislation if sold to purchasers resident in Canada. The Units will also be offered in the United States or to, or for the account or benefit of, U.S. persons, by way of private placement pursuant to the exemptions from the registration requirements provided for under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), and in jurisdictions outside of Canada and the United States on a private placement or equivalent basis, in each case in accordance with all applicable laws, provided that no prospectus, registration statement or other similar document is required to be filed in such jurisdiction.
There is an offering document (the “Offering Document”) related to the Offering that can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.silvernorthres.com. Prospective investors should read this Offering Document before making an investment decision.
The Offering is expected to close on or about February 5, 2026 (the “Closing Date”), or such other date as the Company and Red Cloud may agree. Completion of the Offering is subject to certain conditions including, but not limited to the receipt of all necessary approvals, including the approval of the TSX Venture Exchange.
The securities described herein have not been, and will not be, registered under the U.S. Securities Act, as amended, or any state securities laws, and accordingly, may not be offered or sold within the United States or the US persons except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.
About **** Silver **** North **** Resources **** Ltd.
Silver North’s primary assets are its 100% owned Haldane Silver Project (next to Hecla Mining Inc.’s Keno Hill Mine project), the Tim Silver Project (under option to Coeur Mining, Inc. in the Silvertip/Midway District, BC and Yukon) and the GDR (Veronica) project also in the Silvertip/Midway district. Silver North also plans to acquire additional silver properties in favourable jurisdictions.
The Company is listed on the TSX Venture Exchange under the symbol “SNAG”, trades on the OTCQB market in the United States under the symbol “TARSF”, and under the symbol “I90” on the Frankfurt Stock Exchange. For further **** information, **** contact: Jason Weber, President and CEO
Sandrine Lam, Shareholder Communications
Tel: (604) 807-7217
Fax: (888) 889-4874 To **** learn **** more **** visit: ****www.silvernorthres.com Twitter: https://twitter.com/SilverNorthRes LinkedIn: https://www.linkedin.com/company/silvernorth-res-ltd/
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. STATEMENTS IN THIS NEWS RELEASE, OTHER THAN PURELY HISTORICAL INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING STATEMENTS. THE FORWARD-LOOKING STATEMENTS AND INFORMATION IN THIS NEWS RELEASE INCLUDE, WITHOUT LIMITATION, STATEMENTS REGARDING THE OFFERING, THE CLOSING OF THE OFFERING, THE ANTICIPATED CLOSING DATE OF THE OFFERING, THE INTENDED USE OF PROCEEDS FROM THE OFFERING AND THE FILING OF THE OFFERING DOCUMENT. FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS AND UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD- LOOKING STATEMENTS.
Silver North News Release
| Trading Symbol ( TSX -V: SNAG)<br><br><br>410-325 Howe Street<br><br><br>Vancouver, British Columbia<br><br><br>Canada V6C 1Z7<br><br><br>Tel: (604) 687 3520<br><br><br>Fax: 1-888-889-4874<br><br><br>www.silvernorthres.com |
|---|
| NR 26-0 2 |
Silver **** North **** Announces Upsize of Brokered LIFE Private Placement for Gross Proceeds of up to C$ 7 .0 Million
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Vancouver, BC, January 1 6 , 2026 **** – Silver North Resources Ltd. ( TSX -V: SNAG) “Silver North” or the “Company”) is pleased to announce that as a result of strong investor demand, the Company and Red Cloud Securities Inc. (“Red Cloud”) have agreed to increase the maximum gross proceeds of its previously announced “best efforts” private placement (the “Marketed Offering”) from C$5,000,000 to C$7,000,000. Pursuant to the upsized Marketed Offering, the Company has agreed to sell (i) up to 5,000,000 units of the Company (the “Unit s”) at a price of C$0.40 per Unit and (ii) up to 8,928,572 flow-through units of the Company to be sold to charitable purchasers (the “Charity FT Unit s”, and together with the Units, the “Offered Securities”) at a price of C$0.56 per Charity FT Unit. Red Cloud is acting as sole agent and bookrunner in connection with the Offering.
Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Charity FT Unit will consist of one common share of the Company to be issued as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada) (each, a “FT Share”) and one-half of one Warrant. Each whole Warrant shall entitle the holder to purchase one common share of the Company at a price of C$0.56 at any time after the 60th day following the Closing Date (as herein defined) to the date that is on or before that date which is 36 months after the Closing Date.
The Company has also granted Red Cloud an option, exercisable in full or in part up to 48 hours prior to the closing of the Marketed Offering, to sell up to an additional C$1,000,000 in any combination of Units and Charity FT Units at their respective offering prices (the “Agent’s Option”). The Marketed Offering and the securities issuable upon exercise of the Agent’s Option shall be collectively referred to as the “Offering”.
The Company intends to use the gross proceeds from the Offering for exploration and related programs on the Company’s Haldane and Veronica properties in Yukon Territory as well as for working capital and general corporate purposes, as is more fully described in the Amended Offering Document (as herein defined). The gross proceeds from the sale of FT Shares will be used by the Company to incur eligible “Canadian exploration expenses” that qualify as “flow-through mining expenditures” as both termsare defined in the Income Tax Act (Canada) (the “Qualifying Expenditures”) related to the Company’s Haldane and GDR projects on or before December 31, 2027. All Qualifying Expenditures will be renounced in favour of the subscribers of the Charity FT Units effective December 31, 2026. If the Qualifying Expenditures are reduced by the Canada Revenue Agency, the Company will indemnify each Charity FT Unit subscriber for any additional taxes payable by such subscriber as a result of the Company’s failure to renounce the Qualifying Expenditures as agreed. Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions (“NI 45-106”), the Offered Securities under the Offering will be offered for sale to purchasers resident in the provinces of Alberta, British Columbia, Manitoba, Ontario and Saskatchewan pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the “Listed Issuer Financing Exemption”). The securities issuable from the sale of the Offered Securities are expected to be immediately freely tradeable in accordance with applicable Canadian securities legislation if sold to purchasers resident in Canada. The Units will also be offered in the United States or to, or for the account or benefit of, U.S. persons, by way of private placement pursuant to the exemptions from the registration requirements provided for under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), and in jurisdictions outside of Canada and the United States on a private placement or equivalent basis, in each case in accordance with all applicable laws, provided that no prospectus, registration statement or other similar document is required to be filed in such jurisdiction.
There is an amended and restated offering document (the “Amended O ffering Document”) related to the Offering that can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.silvernorthres.com. Prospective investors should read this Amended Offering Document before making an investment decision.
The Offering is expected to close on or about February 5, 2026 (the “Closing Date”), or such other date as the Company and Red Cloud may agree. Completion of the Offering is subject to certain conditions including, but not limited to the receipt of all necessary approvals, including the approval of the TSX Venture Exchange.
The securities described herein have not been, and will not be, registered under the U.S. Securities Act, as amended, or any state securities laws, and accordingly, may not be offered or sold within the United States or the US persons except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.
About **** Silver **** North **** Resources **** Ltd.
Silver North’s primary assets are its 100% owned Haldane Silver Project (next to Hecla Mining Inc.’s Keno Hill Mine project), the Tim Silver Project (under option to Coeur Mining, Inc. in the Silvertip/Midway District, BC and Yukon) and the GDR (Veronica) project also in the Silvertip/Midway district. Silver North also plans to acquire additional silver properties in favourable jurisdictions. The Company is listed on the TSX Venture Exchange under the symbol “SNAG”, trades on theOTCQB market in the United States under the symbol “TARSF”, and under the symbol “I90” on the Frankfurt Stock Exchange. For further **** information, **** contact:
Jason Weber, President and CEO
Sandrine Lam, Shareholder Communications
Tel: (604) 807-7217
Fax: (888) 889-4874 To **** learn **** more **** visit: ****www.silvernorthres.com Twitter: https://twitter.com/SilverNorthRes LinkedIn: https://www.linkedin.com/company/silvernorth-res-ltd/
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. STATEMENTS IN THIS NEWS RELEASE, OTHER THAN PURELY HISTORICAL INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING STATEMENTS. THE FORWARD-LOOKING STATEMENTS AND INFORMATION IN THIS NEWS RELEASE INCLUDE, WITHOUT LIMITATION, STATEMENTS REGARDING THE OFFERING, THE CLOSING OF THE OFFERING, THE ANTICIPATED CLOSING DATE OF THE OFFERING, THE INTENDED USE OF PROCEEDS FROM THE OFFERING AND THE FILING OF THE AMENDED OFFERING DOCUMENT. FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS AND UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD- LOOKING STATEMENTS.
Silver North News Release
| Trading Symbol ( TSX -V: SNAG)<br><br><br>410-325 Howe Street<br><br><br>Vancouver, British Columbia<br><br><br>Canada V6C 1Z7<br><br><br>Tel: (604) 687 3520<br><br><br>Fax: 1-888-889-4874<br><br><br>www.silvernorthres.com |
|---|
| NR 26-0 4 |
Silver **** North **** Announces Further Upsize of Brokered LIFE Private Placement for Gross Proceeds of up to C$ 10 . 6 Million
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Vancouver, BC, January 1 6 , 2026 **** – Silver North Resources Ltd. (TSX-V: SNAG) “Silver North” or the “Company”) is pleased to announce that further to its press release dated January 16, 2026 and as a result of strong investor demand, the Company and Red Cloud Securities Inc. (“Red Cloud”) have agreed to further increase the maximum gross proceeds of its previously announced “best efforts” private placement (the “Marketed Offering”) from C$7,000,000 to C$10,584,000. Pursuant to the upsized Marketed Offering, the Company has agreed to sell (i) up to 5,000,000 units of the Company (the “Unit s”) at a price of C$0.40 per Unit and (ii) up to 15,328,572 flow-through units of the Company to be sold to charitable purchasers (the “Charity FT Unit s”, and together with the Units, the “Offered Securities”) at a price of C$0.56 per Charity FT Unit. Red Cloud is acting as sole agent and bookrunner in connection with the Offering.
Mark T. Brown, Executive Chair of Siver North commented that “We have been selective on the financing participants, and this addition is for one group that any company would want to have on their shareholder list. With these funds, the Company is fully funded for two full years of exploration and operating costs. In addition, larger drill programs at the Haldane silver project will be more efficient on a cost per meter basis.”
Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Charity FT Unit will consist of one common share of the Company to be issued as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada) (each, a “FT Share”) and one-half of one Warrant. Each whole Warrant shall entitle the holder to purchase one common share of the Company at a price of C$0.56 at any time after the 60th day following the Closing Date (as herein defined) to the date that is on or before that date which is 36 months after the Closing Date.
The Company has also granted Red Cloud an option, exercisable in full or in part up to 48 hours prior to the closing of the Marketed Offering, to sell up to an additional C$1,000,000 in any combination of Units and Charity FT Units at their respective offering prices (the “Agent’s Option”). The Marketed Offering and the securities issuable upon exercise of the Agent’s Option shall be collectively referred to as the “Offering”. The Company intends to use the gross proceeds from the Offering for exploration and relatedprograms on the Company’s Haldane and Veronica properties in Yukon Territory as well as for working capital and general corporate purposes, as is more fully described in the Amended Offering Document (as herein defined). The gross proceeds from the sale of FT Shares will be used by the Company to incur eligible “Canadian exploration expenses” that qualify as “flow-through mining expenditures” as both terms are defined in the Income Tax Act (Canada) (the “Qualifying Expenditures”) related to the Company’s Haldane and GDR projects on or before December 31, 2027. All Qualifying Expenditures will be renounced in favour of the subscribers of the Charity FT Units effective December 31, 2026. If the Qualifying Expenditures are reduced by the Canada Revenue Agency, the Company will indemnify each Charity FT Unit subscriber for any additional taxes payable by such subscriber as a result of the Company’s failure to renounce the Qualifying Expenditures as agreed.
Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions (“NI 45-106”), up to 15,696,747 Offered Securities (the “LIFE Securities”) will be offered for sale to purchasers resident in the provinces of Alberta, British Columbia, Manitoba, Ontario and Saskatchewan pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the “Listed Issuer Financing Exemption”). The securities issuable from the sale of the LIFE Securities are expected to be immediately freely tradeable in accordance with applicable Canadian securities legislation if sold to purchasers resident in Canada. The Units will also be offered in the United States or to, or for the account or benefit of, U.S. persons, by way of private placement pursuant to the exemptions from the registration requirements provided for under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), and in jurisdictions outside of Canada and the United States on a private placement or equivalent basis, in each case in accordance with all applicable laws, provided that no prospectus, registration statement or other similar document is required to be filed in such jurisdiction. Up to 6,400,000 Charity FT Units will be issued pursuant to available exemptions from the prospectus requirement under NI 45-106, other than the Listed Issuer Financing Exemption (the “Non-LIFE Exemptions”). The Charity FT Units issued pursuant to the Non-LIFE Exemptions will be subject to a hold period in Canada of 4 months and one day following the Closing Date.
There is an amended and restated offering document (the “Amended O ffering Document”) related to the Offering that can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.silvernorthres.com. Prospective investors should read this Amended Offering Document before making an investment decision.
The Offering is expected to close on or about February 10, 2026 (the “Closing Date”), or such other date as the Company and Red Cloud may agree. Completion of the Offering is subject to certain conditions including but not limited to the receipt of all necessary approvals, including the approval of the TSX Venture Exchange.
The securities described herein have not been, and will not be, registered under the U.S. Securities Act, as amended, or any state securities laws, and accordingly, may not be offered or sold within the United States or the US persons except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.
About **** Silver **** North **** Resources **** Ltd.
Silver North’s primary assets are its 100% owned Haldane Silver Project (next to Hecla Mining Inc.’s Keno Hill Mine project), the Tim Silver Project (under option to Coeur Mining, Inc. in the Silvertip/Midway District, BC and Yukon) and the GDR (Veronica) project also in the Silvertip/Midway district. Silver North also plans to acquire additional silver properties in favourable jurisdictions.
The Company is listed on the TSX Venture Exchange under the symbol “SNAG”, trades on the OTCQB market in the United States under the symbol “TARSF”, and under the symbol “I90” on the Frankfurt Stock Exchange.
For further **** information, **** contact:
Jason Weber, President and CEO
Sandrine Lam, Shareholder Communications
Tel: (604) 807-7217
Fax: (888) 889-4874 To **** learn **** more **** visit: ****www.silvernorthres.com Twitter: https://twitter.com/SilverNorthRes LinkedIn: https://www.linkedin.com/company/silvernorth-res-ltd/
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. STATEMENTS IN THIS NEWS RELEASE, OTHER THAN PURELY HISTORICAL INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING STATEMENTS. THE FORWARD-LOOKING STATEMENTS AND INFORMATION IN THIS NEWS RELEASE INCLUDE, WITHOUT LIMITATION, STATEMENTS REGARDING THE OFFERING, THE CLOSING OF THE OFFERING, THE ANTICIPATED CLOSING DATE OF THE OFFERING, THE INTENDED USE OF PROCEEDS FROM THE OFFERING AND THE FILING OF THE AMENDED OFFERING DOCUMENT. FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS AND UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD- LOOKING STATEMENTS.