Miramont Closes Non-Brokered Private Placement
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Miramont Closes Non‐Brokered Private Placement
Vancouver, B.C. – January 31, 2019 – Miramont Resources Corp. ( CSE: MONT | OTCQB: MRRMF | FRA:
6MR) (“Miramont” or the “Company”) is pleased to announce that the non‐brokered private placement
previously announced on January 17, 2019 (the “ Private Placement”) was oversubscribed and has now
closed. Under the Private Placement, the Company issued an agg regate of 4,716,498 units (“Units”) at a
price of $0.35 per Unit for gross proceeds of $1,650,774. Each Unit was comprised of one (1) common
share (each, a “Common Share”) in the capital of the Company and one (1) transferrable Common Share
purchase warrant (each, a “Warrant”). Each Warrant entitles the holder to purchase one Common Share
at a price of $0.50 per Common Share until January 31, 2021. All dollar amounts in this release are
expressed in Canadian dollars, unless otherwise stated.
In connection with the Private Placement, the Company paid a total of $28,054 in cash and issued a total
of 80,156 Warrants to eligible finders who introduced subscribers to the Private Placement.
All securities issued under the Private Placement, including se curities issuable on exercise thereof, are
subject to a hold period expiring June 1, 2019.
The Company intends to use the net proceeds from the Private Placement for its planned drilling and
other activities at Cerro Hermoso, advancing the Lukkacha project and general working capital purposes.
About Miramont Resources Corp.
Miramont is a Canadian based exploration company with a focus o n acquiring and developing mineral
prospects within world‐class belts of South America. Miramont’s key assets are located in southern Peru.
The Cerro Hermoso property hosts a 1.4km diameter breccia pipe targeting gold ‐ polymetallic
mineralization, while the Lukkacha property is targeting porphyry copper mineralization.
On behalf of the Board of Directors,
MIRAMONT RESOURCES CORP.
“William Pincus”
William Pincus, President and CEO
For more information, please contact the Company at:
Telephone: (604) 398‐4493
www.miramontresources.com
Reader Advisory
This news release may include forward‐looking information that is subject to risks and uncertainties. All statements
within, other than statements of historical fact, are to be considered forward‐looking, including statements with
respect to the use of proceeds from the Private Placement. Although the Company believes the expectations
expressed in such forward‐looking information are based on reasonable assumptions, such information is not a
guarantee of future performance and actual results or developme nts may differ materially from those contained in
forward‐looking information. Factors that could cause actual results to differ materially f r o m t h o s e i n f o r w a r d ‐
looking information include, but are not limited to, fluctuatio ns in market prices, successes of the operations of the
Company, continued availability of capital and financing and general economic, market or business conditions. There
can be no assurances that such i nformation will prove accurate and, therefore, readers are advised to rely on their
own evaluation of such uncertainties. The Company does not assume any obligation to update any forward‐looking
information except as required under the applicable securities laws.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.