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Mirasol Sources Proclaims Non-public Placement Financing


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VANCOUVER, British Columbia, Sept. 25, 2024 (GLOBE NEWSWIRE) — Mirasol Sources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the “Firm” or “Mirasol”) in the present day introduced it’s arranging a non-brokered non-public placement financing (the “Providing”) of as much as 666,667 Items (the “Items”) at a value of $0.45 per Unit for mixture gross proceeds of $3.0 million. Every Unit can be comprised of 1 (1) frequent share and one-half of 1 (1/2) non-transferable frequent share buy warrant (the “Warrant”), with every entire Warrant entitling the holder to buy one extra frequent share at a value of $0.60 for a interval of twelve (12) months from closing of the Providing.

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The online proceeds of the Providing can be used to broaden Mirasol’s profitable exploration packages and for normal company functions. Finders’ charges could also be payable on a portion of the Providing. The shares issued underneath the Providing can be topic to a 4 month maintain interval. The Providing is topic to customary closing circumstances, together with approval from the TSX.V, and is anticipated to shut on or about October 25, 2024.

This press launch just isn’t a proposal of frequent shares on the market in the US. The Shares haven’t been and won’t be registered underneath the U.S. Securities Act, or any state securities legal guidelines.

About Mirasol Sources Ltd

Mirasol is a well-funded exploration firm with 20 years of working, allowing and group relations expertise within the mineral wealthy areas of Chile and Argentina. Mirasol is at present self-funding exploration on the flagship Sobek Copper-Gold venture situated within the Vicuña Copper-Gold-Silver District of northeast Chile and controls 100% of the high-grade Virginia Silver Deposit in Argentina. Mirasol additionally continues to advance a powerful pipeline of extremely potential early and mid-stage initiatives.

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For additional data, contact:

Tim Heenan, President & CEO
or
Troy Shultz, Vice President Investor Relations

Tel: +1 (604) 602-9989
E-mail: troy.shultz@mirasolresources.com
Web site: www.mirasolresources.com

Ahead Trying Statements: The data on this information launch comprises forward-looking statements which might be topic to a variety of recognized and unknown dangers, uncertainties and different components which will trigger precise outcomes to vary materially from these anticipated in our forward-looking statements. Elements that might trigger such variations embrace: adjustments in world commodity markets, fairness markets, prices and provide of supplies related to the mining trade, change in authorities and adjustments to laws affecting the mining trade and to insurance policies linked to pandemics, social and environmental associated issues. Ahead-looking statements on this launch embrace statements relating to future exploration packages, operation plans, geological interpretations, mineral tenure points and mineral restoration processes. Though we imagine the expectations mirrored in our forward-looking statements are cheap, outcomes might range, and we can’t assure future outcomes, ranges of exercise, efficiency or achievements. Mirasol disclaims any obligations to replace or revise any forward-looking statements whether or not on account of new data, future occasions or in any other case, besides as could also be required by relevant regulation.

Neither the TSX Enterprise Trade nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts duty for the adequacy or accuracy of this launch.

Mirasol Sources Proclaims Non-public Placement Financing

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