Northern Silicon Announces Financing

Northern Silicon International Inc. (“NSI”) is pleased to announce it is conducting a non-brokered private placement (the “Financing”) for aggregate minimum gross proceeds of $1,000,000. The Financing will consist of at least 20,000,000 units (the “Units”) at a price of $0.05 per Unit. Each Unit will consist of one common share and one full common share purchase warrant (a “Warrant”) with each Warrant entitling the holder to acquire an additional common share at an exercise price of $0.05 for a period of five years from the date of issuance. 

It is not anticipated any finder’s fees will be paid in connection with the Financing. 

The proceeds of the Financing will be used to investigate new business opportunities and for general working capital purposes. 

All securities issued in connection with the Financing will be subject to a four-month-and-one-day statutory hold period and any seed share resale restrictions imposed by any regulatory authorities. 

ON BEHALF OF THE BOARD OF DIRECTORS: 

David Patterson 

CEO and Director