Montan Mining Announces $500,000 Non-Brokered Private Placement
#1400 – 1111 West Georgia St. Vancouver, B.C. V6E 4M3
MONTAN MINING ANNOUNCES $500,000 NON-BROKERED PRIVATE PLACEMENT
Vancouver, BC, March 2nd, 2017 – Montan Mining Corp. ( TSXv: MNY | FSE: S5GM | SSE:
MNYC) (“Montan” or the “Company”) is pleased to announce that it has arranged a private
placement financing of up to 9,090,909 units at a price of $0.055 per unit for total gross proceeds
of up to $ 500,000. Each unit consists of one common share and a half warrant, with each whole
warrant exercisable into one additional common share at $0.10 per share for two (2) years after
the closing date. The financing is subject to acceptance by the TSX Venture Exchange.
Proceeds from the financing will be used to progress the due diligence and legal work in
preparation for the acquisition of the Peruvian companies Kairos Capital Peru S.A.C (“Kairos”)
and M&S Transportes y Servicios Generales S.R.L (“Mirador”) from Pacific Alliance (refer News
Release of February 16, 2017), and for general working capital.
On behalf of the Board of Montan.
Ian Graham
CEO and Director
Tel: +1.604.671.1353
Email: [email protected]
About Montan Mining Corp.
Montan Mining Corp. is an emerging gold producer focusing on monetizing mining assets in
Peru. The company is backed by an experienced management team with diverse technical,
market, and finance expertise and is supported by committed and sophisticated investors focused
on building long term value for shareholders.
For more information, please visit the corporate website at http://www.montanmining.ca or
contact:
Investor Contact:
Luis F. Zapata
Executive Chairman
Tel: +1.604.358.1382
Email: [email protected]
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PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE
EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURAC Y OF
THIS NEWS RELEASE.