Myriad Metals Corp. Closes Private Placement Financing
MYRIAD METALS CORP. CLOSES
PRIVATE PLACEMENT FINANCING
Vancouver, B.C. – March 11, 2021 – Myriad Metals Corp. (“Myriad” or the “Company”)(CSE: MMC)
announced that it has closed its previously announced non- brokered private placement financing (see
Myriad’s press release dated February 17, 2021). Under the over-subscribed financing, Myriad raised gross
proceeds of $1,288,000 through the issuance of an aggregate of 6,440,000 units (each, a “Unit”) at a price
of $0.20 per Unit, each Unit consisting of one common share (each, a “Common Share”) and one common
share purchase warrant (each, a “Warrant”, exercisable for an additional Common Share at $0.40 for two
years from the date of issuance).
The securities issued under the financing are subject to a four month hold period that expires July 11, 2021,
in accordance with applicable Canadian securities laws. The Company will use the proceeds of the
financing for general working capital. In connection with the financing, Myriad paid aggregate finder’s
fees of $39,480.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities
described in this news release in the United States. Such securities have not been, and will not be, registered
under the United States Securities Act of 1933, as amended (the “ U.S. Securities Act ”), or any state
securities laws, and, accordingly, may not be offered or sold wit hin the United States, or to or for the
account or benefit of persons in the United States or “U.S. Persons”, as such term is defined in Regulation
S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable
state securities laws or pursuant to an exemption from such registration requirements.
Certain d irectors and officers of the Company participated in the financing, which participation is
considered to be a “related party transaction” as defined under Multilateral Instrument 61- 101 (“MI 61-
101”). This participation is exempt from the formal valuation and minority shareholder approval
requirements of MI 61-101 as the fair market value of such participation does not exceed 25% of the market
capitalization of the Company, as determined in accordance with MI 61-101.
About the Company
The Company is a Vancouver-based mineral exploration company currently focused on the exploration of
its Millen Mountain Property located in Nova Scotia, Canada. For further information, please refer to the
Company’s disclosure record on SEDAR ( www.sedar.com) or contact the Company by telephone at
778.999.7030.
ON BEHALF OF THE BOARD OF DIRECTORS
Peter Smith, CEO
778.999.7030
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This news release contains “forward -looking information” that is based on the Company’s current expectations,
estimates, forecasts and projections. This forward -looking information includes, among other things, the Company’s
business, plans, outlook and business strategy. The words “may”, “would”, “could”, “should”, “will”, “likely”,
“expect,” “anticipate,” “intend”, “estimate”, “plan”, “forecast”, “project” and “believe” or other similar words and
phrases are intended to identify forward -looking information. Forward- looking information is subject to known and
unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity,
performance or achievements to be materially different from those expressed or implied by such forward- looking
information. Such factors include, but are not limited to: changes in economic conditions or financial markets;
increases in costs; litigation; legislative, environmental and other judicial, regulatory, political and competitive
developments; and technological or operational difficulties. This list is not exhaustive of the factors that may affect
our forward-looking information. These and other factors should be considered carefully, and readers should not place
undue reliance on such forward- looking information. The Company does not intend, and expressly disclaims any
intention or obligation to, update or revise any forward- looking information whether as a result of new informa tion,
future events or otherwise, except as required by applicable law.
The CSE has not reviewed, approved or disapproved the contents of this news release.