VANCOUVER: Mirasol Resources Ltd. of Canada has announced the closing of the previously announced non-brokered private placement. The Company issued 5,076,667 common shares at a price of $0.60 per common share for aggregate gross proceeds of $3,046,000.20 (the “Offering”).
Proceeds of the Offering will be used to advance exploration, including drilling, at the Company’s flagship assets in Chile and Argentina and for general corporate purposes.
The securities issued under the Offering are subject to a four-month hold period. Finders’ fees were paid on a portion of the Offering.
The release does not constitute an offer to sell or solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, or any US state securities laws.
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. 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. Mirasol continues to advance a strong pipeline of highly prospective early and mid-stage sites.
Image: Mirasol Resources