Copper North Mining Corp. (TSXV:COL) announced a non-brokered private placement of up to 7,000,000 common share units at CAD 0.10 per share for gross proceeds of up to CAD 700,000 on January 20, 2017. Each unit consists of one common share and one non-transferable share purchase warrant. Each warrant entitles the holder to acquire one share at CAD 0.15 per share for a period of 36 months following the closing. The transaction is expected to close on or before February 28, 2017. The transaction is subject to receipt of applicable regulatory approvals including approval of the TSX Venture Exchange. The securities issued will be subject to a four month hold period.