Northern Empire Announces Terms of Financing to Acquire Sterling Property, Located in Nye County, Nevada

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 15, 2017) - Northern Empire Resources Corp. (TSX VENTURE:NM) (the "Company" or "Northern Empire") announces that the Company intends to complete a brokered private placement (the "Private Placement") of subscription receipts at a price of C$0.25 per subscription receipt to raise gross proceeds of up to C$20,000,000. The Private Placement is being conducted by a syndicate of agents led by Cormark Securities Inc. ("Cormark") and will include GMP Securities L.P., Haywood Securities Inc., and PI Financial Corp.