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  • Mexican Gold Mining Corp. (MEX) has closed a non-brokered private placement
  • The company issued 10,000,000 units at $0.015 per unit for proceeds of $150,000
  • Proceeds will be used to fund continuing operations of the company’s Las Minas Project, payment of outstanding invoices, etc.
  • Mexican Gold Mining Corp. is a Canadian-based mineral exploration and development company
  • Mexican Gold Mining Corp. was down 25 per cent, trading at $0.015 at 1:44 PM ET

Mexican Gold Mining Corp. (MEX) has closed its non-brokered private placement offering for proceeds of $150,000.

The company issued 10,000,000 units at $0.015 per unit.

Each unit consists of one common share and one share purchase warrant. Each warrant is convertible into an additional share at an exercise price of $0.05 until August 29, 2027.

Net proceeds will be used to fund continuing operations of the company’s Las Minas Project, payment of outstanding invoices, and for general working capital.

All securities issued are subject to a statutory four-month hold period expiring on December 30, 2022.

Mexican Gold Mining Corp. is a Canadian-based mineral exploration and development company committed to building long-term value through ongoing discoveries and strategic acquisitions of prospective precious metals and copper projects in the Americas.

Mexican Gold Mining Corp. was down 25.00 per cent, trading at $0.015 at 1:44 PM ET.


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