Morocco Strategic Minerals Announces Upsize to Private Placement
MOROCCO STRATEGIC MINERALS ANNOUNCES
UPSIZE TO PRIVATE PLACEMENT
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S.
NEWSWIRE SERVICES
MONTRÉAL, QUÉBEC, CANADA — (April 27, 2026) – Morocco Strategic Minerals
Corporation. (TSXV: MCC) ("MCC" or the "Corporation") is pleased to announce that, as a
result of strong investor demand, it has increased the maximum gross proceeds of its
previously announced non-brokered private placement from $5,000,000 to $7,500,000
(the “Offering”). The upsized Offering now consists of the sale of up to 50,000,000 units of
the Corporation (“Units”) at a price of $0.15 per Unit. For more information about the
Offering, please refer to the Corporation’s news release dated April 20, 2026.
Each Unit will consist of (i) one common share in the capital of the Corporation (a “Common
Share”) and (ii) one half of one Common Share purchase warrant (each whole warrant, a
“Warrant”). Each Warrant will entitle its holder to acquire one additional Common Share
(a “Warrant Share”) at a price of $0.25 per Warrant Share, for a period of 24 months
following the closing of the Offering. The Offering remains subject to certain conditions
including, but not limited to, receipt of all necessary approvals including the approval of the
TSX Venture Exchange.
The securities issued under the Offering will be subject to a statutory hold period of four
months and one day pursuant to applicable Canadian securities legislation.
No agent has been retained in connection with the Offering. The Corporation may, however,
pay finder’s fees to arm’s length parties in connection with certain subscriptions.
The Corporation intends to use the net proceeds from the Offering to fund the acquisition
and development of mining assets in Morocco, and for the Corporation’s general and
corporate working capital purposes.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor
shall there be any sale of any of the securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful, including any of the securities in the United States of
America. The securities have not been and will not be registered under the United States
Securities Act of 1933, as amended (the “1933 Act”) or any state securities laws and may not
be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as
defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and
applicable state securities laws, or an exemption from such registration requirements is
available.
About Morocco Strategic Minerals
MCC is a Canadian mineral exploration company focused on the acquisition, exploration, and,
if warranted, development of natural resource properties of merit in Canada and Morocco.
Contact Information
Téléphone : 579-476-7000
Courriel : [email protected]
Pierre-Olivier Goulet
Vice-President Corporate Development
Guy Goulet
President and CEO
Forward-Looking Statements and Disclaimer
Certain information contained herein may constitute "forward-looking information" under
Canadian securities legislation. Generally, forward-looking information can be identified using
forward-looking terminology such as "will be," "expected," or variations of such words and
phrases, or statements that certain actions, events, or results "will" occur. Forward-looking
statements, including statements relating to the amount of proceeds to be raised under the
Offering, the intended use of the net proceeds from the Offering, and the completion of the
Offering, are based on the Corporation's estimates and are subject to known and unknown
risks, uncertainties, and other factors that may cause actual results, level of activity,
performance, or achievements of the Corporation to be materially different from those
expressed or implied by such forward-looking statements or forward-looking information.
There can be no assurance that such statements will prove to be accurate, as actual results
and future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking statements and
forward-looking information. The Corporation will not update any forward-looking statements
or forward-looking information that are incorporated by reference herein, except as required
by applicable securities laws.
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 news release.