Market Herald logo

Find out more about this capital raise

Be the first with the news that moves the market
  • Mexican Gold Mining Corp. (MEX) has announced a non-brokered private placement for gross proceeds of up to $900,000
  • The company will offer up to 7,500,000 units at a price of $0.12 per unit
  • The net proceeds raised will be used to fund continuing company operations
  • Mexican Gold is a Canadian-based mineral exploration and development company
  • Mexican Gold Mining Corp. (MEX) opened trading at C$0.015

Mexican Gold Mining Corp. (MEX) has announced a non-brokered private placement to raise gross proceeds of up to $900,000.

The company will offer up to 7,500,000 units at a price of $0.12 per unit. Each unit will consist of one common share and one share purchase warrant. Each warrant will be convertible into an additional common share at an exercise price of $0.15 for a period of 36 months.

The net proceeds will be used to fund continuing company operations.

All securities issued will be subject to a statutory four-month hold period.

Mexican Gold is a Canadian-based mineral exploration and development company exploring and advancing the Las Minas Project, located in Veracruz State, Mexico.

Mexican Gold Mining Corp. (MEX) opened trading at C$0.015.


More From The Market Herald

" Stelmine (TSXV:STH) confirms surface mineralization at the Meridian Gold Zone

Stelmine (STH) released the results of 1,950 metres of drilling from 13 holes in the Meridian Zone of the Mercator property, located in

" Seahawk Gold Corp. (CSE:SEAG) provides exploration update

Seahawk Gold Corp. (SEAG) has provided an update on recent exploration work on its Touchdown and Blitz Properties.

" Premium Nickel (TSXV:PNRL) reports nickel, copper, & cobalt assay results from Botswana

Premium Nickel (PNRL) reported more assay results from the diamond drilling program at its Selebi nickel-copper-cobalt (Ni-Cu-Co) sulphide mine in Botswana.
The Market Herald Video

" Enertopia (CSE:ENRT) provides project update

Enertopia Corporation (ENRT) has provided updates from the West Tonopah Lithium project in Nevada.