Northern Superior Resources Closes Placement

Northern Superior Resources Inc. has completed a $5.005 million private placement with the issuance of 6.5 million common shares at $0.77 per share. The fund will be used for rollover and general purposes. Cormark Securities Inc. acted as underwriter, receiving a 6% commission.

NQ Investissement Minier becomes a shareholder, reflecting its commitment to sustainable mining development in Northern Quebec. This fund, based in Matagami, provides financial support to exploration companies with a responsible approach that benefits local communities.

The TSX Venture Exchange has yet to approve this offering, which is subject to customary regulatory procedures. Shares issued in Canada will not be subject to a hold period.