Aztec Minerals Announces Non-Brokered LIFE Offering of up to C$1.5 Million
PO Box 10427 T: 604-685-9770
Suite 1610 – 777 Dunsmuir Street www.aztecminerals.com
Vancouver, British Columbia V7Y 1K4
Not for distribution to U.S. newswire services or for dissemination in the United States
Aztec Minerals Announces Non-Brokered LIFE Offering of up to C$1.5 Million
News Release - Vancouver, Canada – July 16, 2024 - Aztec Minerals Corp. (AZT: TSX-V, OTCQB: AZZTF)
(“Aztec” or the “Company”) is pleased to announce a non-brokered private placement financing (the “LIFE
Offering”) of up to 8,333,334 units of the Company (“Units”) at a price of C$0.18 per Unit, for aggregate
gross proceeds of up to C$1,500,000 (the “Offering”). Each Unit will be comprised of one common share
in the capital of the Company (a “Share”) and one-half of one Share purchase warrant (each full common
share purchase warrant , a “Warrant”). Each whole Warrant will entitle the holder thereof to purchase
one Share at an exercise price of C$0. 25 for twenty-four (24) months following the closing date of the
Offering.
The Units to be issued under the Offering will be offered to purchasers pursuant to the listed issuer
financing exemption (“LIFE Exemption ”) under Part 5A of National Instrument 45- 106 – Prospectus
Exemptions (“NI 45-106”), in all the provinces of Canada, except Quebec. The Units offered under the LIFE
Exemption will not be subject to resale restrictions pursuant to applicable Canadian securities laws. The
Units may also be offered to persons in the United States pursuant to exemptions from the registration
requirements under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) and
all applicable U.S. state securities laws, as well as outside Canada and the United States on a basis which
does not require the qualification or registration of any of the Company’s securities or require the
Company to be subject to any ongoing disclosure requirements under any domestic securities laws.
There is an offering document related to the Offering that can be accessed under the Company’s profile
at on SEDAR+ at www.sedarplus.ca and on the Company’s website a t www.aztecminerals.com.
Prospective investors should read this offering document before making an investment decision.
The Company intends to use the net proceeds of the Offering to fund the Company’s phase I reverse
circulation (RC) drill program at the Tombstone Project (including ongoing joint -venture expenses), to
fund ongoing expenses at the Cervantes Project and for general working capital and corporate expenses.
The closing date of the Offering is expected to occur on or abou t July 25, 2024 (the “Closing Date”), or
such later date or dates as the Company may determine, and are subject to certain conditions including,
but not limited to, the receipt of all necessary approvals, including conditional approval from the TSX
Venture Exchange.
In consideration of the services to be rendered by one or more finders (the “Finders”) in connection with
the Offering, the Company may pay to a Finder a commission consisting of: (i) a cash fee of 7 .0% of the
aggregate gross proceeds of the Offering raised from subscribers introduced to the Corporation by such
Finder, payable on the date of Closing Date and (ii) such number of Common Share purchase warrants, in
the form approved by any officer or director of the Corporation, to such Finder (the “Finder’s Warrants”)
PO Box 10427 T: 604-685-9770
Suite 1610 – 777 Dunsmuir Street www.aztecminerals.com
Vancouver, British Columbia V7Y 1K4
as is equal to 7.0% of the number of Units subscribed for by subscribers introduced to the Corporation by
such Finder, such Finder’s Warrant having an exercise price of $0.18 per Common Share and an expiry
date of twenty four months from the Closing Date.
The securities to be offered pursuant to the Offering have not been, and will not be, registered under the
U.S. Securities Act or under any U.S. state securities laws, and may not be offered or sold in the United
States or to, or for the account or benefit of, a “U.S. person” (as defined in Regulation S under the U.S.
Securities Act) absent registration or any applicable exemption from the registration requirements under
the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an
offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale
of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
“Simon Dyakowski”
Simon Dyakowski, Chief Executive Officer
Aztec Minerals Corp.
About Aztec Minerals – Aztec is a mineral exploration company focused on two emerging discoveries in
North America. The Cervantes project is an emerging porphyry gold- copper discovery in Sonora, Mexico.
The Tombstone project is an emerging gold-silver discovery with high grade CRD silver-lead-zinc potential
in southern Arizona. Aztec’s shares trade on the TSX -V stock exchange (symbol AZT) and on the OTCQB
(symbol AZZTF).
Contact Information - For more information, please contact:
Simon Dyakowski, President & CEO, Director
Tel: (604) 685-9770
Fax: (604) 685-9744
Email: [email protected]
Website: www.aztecminerals.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding "Forward-Looking" Information
This news release contains "forward–looking information or statements" within the meaning of applicable
securities laws, which may include, without limitation, statements relating to the terms and completion
of the Offering, the expected timing of closing the Offering, the use of proceeds of the Offering, advancing
the company’s projects, anticipated drill program at the Tombstone project, the technical, financial and
business prospects of the Company, its project , its goals and other matters. All statement s in this news
release, other than statements of historical facts, that address events or developments that the Company
expects to occur, are forward -looking statements. Although the Company believes the expectations
expressed in such forward-looking statements are based on reasonable assumptions, such statements are
PO Box 10427 T: 604-685-9770
Suite 1610 – 777 Dunsmuir Street www.aztecminerals.com
Vancouver, British Columbia V7Y 1K4
not guarantees of future performance and actual results may differ materially from those in the forward-
looking statements. Such statements and information are based on numerous assumptions regarding
present and future business strategies and the environme nt in which the Company will operate in the
future, including the price of metals , the anticipated costs and expenditures, the ability to achieve its
goals, that general business and economic conditions will not change in a material adverse manner, that
financing will be available if and when needed and on reasonable terms. Such forward-looking information
reflects the Company's views with respect to future events and is subject to risks, uncertainties and
assumptions, including the risks and uncertainties relating to the interpretation of exploration and
metallurgical results, risks related to the inherent uncertainty of exploration and development and cost
estimates, the potential for unexpected costs and expenses and those other risks filed under the
Company's profile on SEDAR+ at www.sedarplus.ca While such estimates and assumptions are considered
reasonable by the management of the Company, they are inherently subject to significant business,
economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to
differ materially from those in forward looking statements include, but are not limited to, the ability of
the Company to complete the Offering on the terms described herein, including obtaining the requisite
approval of the TSX Venture Exchange, continued availability of capital and financing and general
economic, market or business conditions, adverse weather and climate conditions, failure to maintain or
obtain all necessary government permits, approvals and aut horizations, failure to maintain community
acceptance, risks relating to unanticipated operational difficulties (including failure of equipment or
processes to operate in accordance with specifications or expectations, cost escalation, unavailability of
personnel, materials and equipment, government action or delays in the receipt of government approvals,
industrial disturbances or other job action, and unanticipated events related to health, safety and
environmental matters), risks relating to inaccurate geological, metallurgical and engineering
assumptions, decrease in the price of gold, silver, copper, and zinc , capital market conditions, restriction
on labour and international travel and supply chains, loss of key employees, consultants, or directors,
increase in costs, delayed results, litigation, and failure of counterparties to perform their contractual
obligations. The Company does not undertake to update forward–looking statements or forward–looking
information, except as required by law.