Northern Lights Resources Corp Announces Sale of Secret Pass Gold Project

In a significant development for Northern Lights Resources Corp, the Canadian mining company has announced the sale of its Secret Pass Gold Project. This strategic move marks a pivotal moment for the company, which is listed on the Canadian National Stock Exchange.

On June 19, 2025, Northern Lights Resources Corp confirmed that it had entered into a definitive agreement to sell a 100% interest in the Secret Pass Gold Project to a private third party. This transaction was reported by multiple sources, including The Newswire, CEO.ca, and Minenportal.de, highlighting its importance in the industry.

The Secret Pass Gold Project, a key asset for Northern Lights, has been a focal point of the company’s operations. The sale of this project is expected to have significant implications for Northern Lights’ financial strategy and future growth plans.

As of June 17, 2025, Northern Lights Resources Corp’s stock was trading at a close price of CAD 0.035. The company’s market capitalization stands at CAD 1,340,000, reflecting its current valuation in the market. Over the past year, the stock has experienced fluctuations, with a 52-week high of CAD 0.05 on November 26, 2024, and a low of CAD 0.005 on October 7, 2024.

The company’s price-to-earnings ratio is currently at -1.85, indicating that it has not yet reported positive earnings. This financial metric, along with the recent sale of the Secret Pass Gold Project, will likely influence investor sentiment and the company’s stock performance in the near term.

Northern Lights Resources Corp, headquartered in Canada, continues to navigate the dynamic landscape of the mining industry. The sale of the Secret Pass Gold Project is a strategic decision aimed at optimizing the company’s asset portfolio and positioning it for future opportunities.

As the company moves forward, stakeholders will be closely watching how this transaction impacts Northern Lights’ financial health and strategic direction. The sale represents a significant shift in the company’s operations, and its outcomes will be crucial in shaping the future trajectory of Northern Lights Resources Corp.