By Laura Lutz
Des Moines, May 22 - Mirasol Resources Ltd. closed a private placement of units for C$2 million.
The company sold 2 million units of one share and one warrant at C$1.00 per unit. Each whole warrant will be exercisable at C$1.50 for two years.
The placement was non-brokered.
Proceeds will be used for exploration, corporate purposes and working capital.
Mirasol is an exploration and development company based in Vancouver, B.C.
| Issuer: | Mirasol Resources Ltd.
|
| Issue: | Units of one share and one warrant
|
| Amount: | C$2 million
|
| Units: | 2 million
|
| Price: | C$1.00
|
| Warrants: | One per unit
|
| Warrant expiration: | Two years
|
| Warrant strike price: | C$1.50
|
| Agent: | Non-brokered
|
| Pricing date: | April 13
|
| Settlement date: | May 22
|
| Stock symbol: | TSX Venture: MRZ
|
| Stock price: | C$1.15 at close May 22
|
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