VANCOUVER, British Columbia, March 8, 2024 (Globe Newswire) — Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (“''company” or “mirasol”) today announced that it will arrange a non-brokered private placement financing ( “Recruitment”) up to 5,000,000 units ( “unit”) Priced at $0.60 per unit for gross revenues of $3 million. Each unit consists of one common share and one-half (1/2) of a nontransferable common share purchase warrant.warrant”), the entire warrant entitles the holder to purchase one additional common share at a price of $0.80 for a period of 12 months from the closing of the offering.
Net proceeds from this offering will be used to expand Mirasol's successful exploration program and for general corporate purposes. Finder fees may be paid on a portion of the offering. Shares issued pursuant to the Offering are subject to a four-month holding period. The offering is subject to customary closing conditions, including approval from the TSX.V, and is expected to close on or about March 31, 2024.
This press release does not constitute an offer to sell shares of common stock 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 Co., Ltd.
Mirasol is a well-funded exploration company with 20 years of operational, permitting, and community relations experience in mineral-rich regions of Chile and Argentina. Mirasol is currently conducting self-funded exploration at its flagship Sobec copper-gold project in the Vicuna copper-gold-silver district in northeastern Chile, where it controls 100% of Argentina's high-grade Virginia silver deposit. Mirasol also continues to drive a strong pipeline of promising early and mid-term projects.
For more information, please contact us below.
Tim Heenan, President and CEO
or
Troy Schultz, Vice President of Investor Relations
Phone number: +1 (604) 602-9989
Email: contact@mirasolresources.com
Website: www.mirasolresources.com
Forward-looking statements: The information in this news release contains forward-looking statements and is subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ from those anticipated in the forward-looking statements. may differ significantly from what is presented. Factors that could cause such differences include changes in global commodity markets, stock markets, the cost and supply of materials related to the mining industry, changes in government and regulations affecting the mining industry, and changes related to the pandemic. policies, social and environmental policy changes, etc. It is important. Forward-looking statements in this release include statements regarding future exploration programs, operational plans, geological interpretations, mineral tenure issues and mineral recovery processes. Although we believe that the expectations reflected in our forward-looking statements are reasonable, results may vary and there can be no guarantee of future results, levels of activity, performance or achievements. you can't. Mirasol undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
Neither 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.
