Aztec Minerals Closes Private Placement Financing and Grants Stock Options
PO Box 10328 T: 604-685-9770
Suite 1130 – 609 Granville Street www.aztecminerals.com
Vancouver, BC V7Y 1G5
Aztec Minerals Closes Private Placement Financing and Grants Stock Options
Vancouver, Canada – July 3, 2019 - Aztec Minerals Corp. (AZT: TSX -V, OTCQB: AZZTF) (the
“Company” or “Aztec”) announces that it has closed its oversubscribed, non-brokered private placement
(the “Private Placement”) financing of units (“Units”) of the Company, originally announced in Aztec’s
news release dated June 11, 2019. The Private Placement included subscriptions from insiders, shareholders
of the Company and sophisticated investors.
The Company issued an aggregate of 3.9 million Units at a purchase price of CAD$0.12 per Unit for gross
proceeds of CAD$468,000. Each Unit consisted of one common share (a “Common Share”) in the capital
of the Company and one full war rant to purchase an additional Common S hare at an exercise price of
CAD$0.20 until July 2, 2021. The securities issued in the Private Placement are subject to a four month
hold period ending on November 3, 2019 in accordance with applicable securities laws and, if required, the
policies of the TSX Venture Exchange.
Proceeds from the Private Placement will be used to fund the Company’s exploration programs at the
Cervantes porphyry gold -copper project in Sonora , Mexico and the Tombstone CRD silver -lead-gold-
copper project in Arizona, as well as for general working capital purposes.
The securities being offered under the Private Placement have not been, nor will they be registered under
the United States Securities Act of 1933, as amended, or state securities laws and may not be offered or
sold within the United States or to, or for t he account or benefit of, U.S. persons absent U.S. federal and
state registration or an applicable exemption from the U.S. registration requirements.
Pursuant to the terms of the Company’s stock option plan, an aggregate of 1,000,000 stock options (the
“Stock Options”) were granted to the management and directors of the Company as an additional incentive
to create shareholder value. The Stock Options are exercisable to acquire Common Shares at an exercise
price of $0.12 per Common Share, subject to vesting requirements, until July 3, 2024.
About Aztec Minerals – Aztec is a mineral exploration company focused on the discovery of large mineral
deposits in the Americas. Our core asset s include the prospective, district scale Cervantes porphyry gold-
copper property in Sonora, Mexico , and the Tombstone CRD silver-lead-zinc-copper district in Arizona.
The Company board and management have successful track records of value creation through discovery,
development and production in the mining sector. Aztec’s shares trade on the TSXV (symbol AZT) and on
the OTCQB (symbol AZZTF).
Contact Information - For more information, please contact:
Joey Wilkins, President / CEO or Bradford Cooke, Chairman
Tel: (604) 685-9770
Fax: (604) 685-9744
Email: [email protected]
Website: www.aztecminerals.com
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory
authority has approved or disapproved the information contained herein.