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VANCOUVER, British Columbia, Oct. 02, 2024 (GLOBE NEWSWIRE) — Mirasol Sources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the “Firm” or “Mirasol”) at the moment introduced that on account of robust demand, it has elevated its beforehand introduced non-brokered non-public placement from 6,666,666 items to 11,111,111 items at a value of $0.45 per unit (the “Placement”). The mixture gross proceeds of the providing are anticipated to be as much as $5 million as an alternative of the initially introduced $3 million.
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Mirasol’s President and CEO, Tim Heenan, famous: “We’re very inspired by the robust demand for the Placement. The proceeds shall be used primarily to advance the exploration program on the Firm’s Sobek property together with drill testing precedence targets.”
In all different respects, the phrases of the Placement shall be as introduced on September 25, 2024. The Placement is predicted to shut on or about October 25, 2024.
Completion of the Placement is topic to acceptance by the TSX Enterprise Trade.
This press launch just isn’t a proposal of frequent shares on the market in america. 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 challenge 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: contact@mirasolresources.com
Web site: www.mirasolresources.com
Ahead Trying Statements: The knowledge on this information launch accommodates ahead wanting statements which are topic to plenty of identified and unknown dangers, uncertainties and different components which will trigger precise outcomes to vary materially from these anticipated in our forward-looking statements. Components that would 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 rules 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 consider the expectations mirrored in our forward-looking statements are affordable, outcomes could fluctuate, 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 legislation.
Neither the TSX Enterprise Trade nor its Regulation Providers 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.
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