Mirasol Resources Announces Private Placement Financing
May 17 2023 - 7:00AM
Mirasol Resources Ltd. (TSX-V:
MRZ) (OTCPK:
MRZLF) (the “
Company” or
“
Mirasol”) today announced it is arranging a
non-brokered private placement financing
(the
“Offering”) of up to 4,000,000 Units
(the
“Units”) at a price of $1.25 per Unit for
aggregate gross proceeds of $5.0 million. Each Unit will be
comprised of one (1) common share and one-half of one (1/2)
non-transferable common share purchase warrant (the
“
Warrant”), with each whole Warrant entitling the
holder to purchase one additional common share at a price of $1.70
for a period of twelve (12) months from closing of the Offering.
The net proceeds of the Offering will be used to
further Mirasol’s successful exploration programs and for general
corporate purposes. Finders’ fees may be payable on a portion of
the Offering. The shares issued under the Offering will be subject
to a four month hold period. The Offering is subject to customary
closing conditions, including approval from the TSX.V, and is
expected to close on or about May 31, 2023.
This press release is not an offer of common
shares for sale in the United States. The Shares have not been and
will not be registered under the U.S. Securities Act, or any state
securities laws.
About Mirasol Resources Ltd
Mirasol is a well-funded exploration company
with 18 years of operating, permitting and community relations
experience in the mineral rich regions of Chile and Argentina.
Mirasol controls 100% of the high-grade Virginia Silver Deposit in
Argentina and is currently self-funding exploration at two flagship
projects, Sobek and Inca Gold, both located in Chile. Mirasol also
continues to advance a strong pipeline of highly prospective early
and mid-stage projects.
For further information,
contact:
Tim Heenan, PresidentorTroy Shultz, Vice
President Investor Relations
Tel: +1 (604) 602-9989 ext.2Email:
contact@mirasolresources.comWebsite: www.mirasolresources.com
Forward Looking Statements: The
information in this news release contains forward looking
statements that are subject to a number of known and unknown risks,
uncertainties and other factors that may cause actual results to
differ materially from those anticipated in our forward-looking
statements. Factors that could cause such differences include:
changes in world commodity markets, equity markets, costs and
supply of materials relevant to the mining industry, change in
government and changes to regulations affecting the mining industry
and to policies linked to pandemics, social and environmental
related matters. Forward-looking statements in this release include
statements regarding future exploration programs, operation plans,
geological interpretations, mineral tenure issues and mineral
recovery processes. Although we believe the expectations reflected
in our forward-looking statements are reasonable, results may vary,
and we cannot guarantee future results, levels of activity,
performance or achievements. Mirasol disclaims any obligations to
update or revise any forward-looking statements whether as a result
of new information, future events or otherwise, except as may be
required by applicable law.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Mirasol Resources (TSXV:MRZ)
Historical Stock Chart
From Sep 2024 to Oct 2024
Mirasol Resources (TSXV:MRZ)
Historical Stock Chart
From Oct 2023 to Oct 2024