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Apex Trader Funding (ATF) - News

Mirasol Resources Closes First Tranche of Private Placement

VANCOUVER, British Columbia, April 23, 2024 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the "Company" or "Mirasol") is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement. The Company issued 3,887,552 Units (the "Units") at a price of $0.60 per Unit for aggregate gross proceeds of $2,332,531.20. (the "Offering"). Each Unit is comprised of one (1) common share and one-half of one (1/2) non-transferable common share purchase warrant (the "Warrant"), with each whole Warrant entitling the holder to purchase one additional common share at a price of $0.80 for a period of twelve (12) months from closing of 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. Three directors and one senior officer of the Company participated in the financing and were issued an aggregate of 1,076,000 Units under the Offering. Accordingly, these subscriptions each constituted a "related party transaction" within the meaning of Multilateral Instrument 61-101 Protection of Minority Shareholders ...