Source: Mirasol Resources.
  • Mirasol Resources (MRZ) has announced a non-brokered private placement for gross proceeds of approximately $3.0M
  • The company will issue up to 5,000,000 common shares at a price of $0.60 per share
  • Mirasol engages in acquiring and exploring mineral properties located in Chile, Canada, and Argentina
  • Mirasol Resources Ltd. (MRZ) remains unchanged, trading at C$0.66 per share at 9:41 am ET

Mirasol Resources (MRZ) has announced a non-brokered private placement for gross proceeds of approximately $3.0M.

The company will issue up to 5,000,000 common shares at a price of $0.60 per share.

Mirasol will use the net proceeds to further the company’s successful exploration programs and for general corporate purposes. The company may pay finder’s fees on a portion of the offering.

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

Mirasol engages in acquiring and exploring mineral properties located in Chile, Canada, and Argentina. The company has 18 years of operating, permitting and community relations experience in the mineral-rich regions of Chile and Argentina.

Currently, Mirasol is self-funding exploration at two flagship projects, Sobek and Inca Gold, both located in Chile. Mirasol has four partner-funded projects, with First Quantum Minerals and Mine Discovery Fund in Chile, Silver Sands Resources and Patagonia Gold in Argentina. The company continues to advance a strong pipeline of highly prospective early and mid-stage projects.

Mirasol Resources Ltd. (MRZ) remains unchanged, trading at C$0.66 per share at 9:41 am ET.


More From The Market Online

Canopy Growth fuels turnaround story with fresh capital

Canopy Growth (TSX:WEED) continues its turnaround story with a C$96.3 million exchange and subscription deal with an institutional investor.

Junior gold CEO signals conviction with new investment

Cynthia Le Sueur-Aquin, CEO of junior gold stock Laurion Mineral Exploration (TSXV:LME), will exercise 750,000 stock options for C$142,500.

Nine Mile Metals completes acquisition of 3 properties

Nine Mile Metals (CSE:NINE) completes the exercise and acquisition of its 100 per cent interest in three properties in New Brunswick.

Three stocks with multi-bagger potential

The best investors stick to stocks with the most easily discernible reasons in support of their multi-bagger potential.