Minaurum Announces C$5,000,000 Marketed Offering
NEWS RELEASE
MINAURUM GOLD INC.
FOR RELEASE: May 4, 2020 TRADING SYMBOL TSX.V:MGG
(MGG 2020 – NR #4)
Minaurum Announces C$5,000,000 Marketed Offering
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR
DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Minaurum Gold Inc. (“Minaurum” or “Company”) is pleased to announce that it has entered into
an agreement with Clarus Securities Inc. (“Clarus”) on behalf of a syndicate of agents (collectively
with Clarus, the “ Agents”), whereby the Agents will raise up to C$5,000,000 (the “ Offering”)
through an Offering of up to 12,500,000 units of the Company (the “Units”) to be priced at C$0.40
per Unit. Each Unit is comprised of one common share in the capital of the Company (“Common
Share”) and one -half of one Common Share purchase warrant (each whole Common Share
purchase warrant, a “Warrant”), with each Warrant entitling the holder to purchase one Common
Share at an exercise price of $0.60 for 24 months following the completion of the Offering.
The proceeds raised from the Offering will be used by Minaurum for the exploration of the Alamos
Silver project and for working capital purposes.
The Offering is scheduled to close on or about May 28, 2020, and is subject to certain conditions
including, but not limited to, the receipt of all necessary approvals of the TSX Venture Exchange.
The securities to be issued under this Offering will be offered by way of privat e placement
exemptions in all the provinces of Canada. The Units to be issued under this Offering will also be
offered offshore, including in the United Kingdom pursuant to applicable exemptions and in the
United States on a private placement basis pursuan t to exemptions from the registration
requirements of the United States Securities Act of 1933, as amended.
The securities referred to in this news release have not been, nor will they be, registered under the
United States Securities Act of 1933, as amended, and may not be offered or sold within the United
States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable
exemption from the U.S. registration requirements. This release does not constitute an offer for
sale of, nor a solicitation for offers to buy, any securities in the United States. Any public offering
of securities in the United States must be made by means of a prospectus containing detailed
information about the issuer and its management, as well as financial statements.
Minaurum Gold Inc. (MGG | TSX Venture Exchange; MMRGF | OTC; 78M Frankfurt) is
a Mexico-focused explorer concentrating on the high -grade Alamos Silver Project in southern
Sonora. With a property portfolio encompassing multiple additional district -scale projects,
Minaurum is managed by one of the strongest technical and finance teams in Mexico. Minaurum's
goal is to continue its founders' legacy of creating shareholder value by making district -scale
mineral discoveries and executing accretive mining transactions. For more information, please
visit our website at www.minaurum.com and our YouTube Minaurum Video Channel.
ON BEHALF OF THE BOARD
“Darrell A. Rader”
Darrell A. Rader
President and CEO
For more information, please contact:
Sunny Pannu – Investor Relations Manager
(778) 330 0994 or via email at [email protected]
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this
news release.
___________________________________________________________________________
2300 – 1177 West Hastings Street Telephone 778 330-0994
Vancouver, BC V6E 2K3 www.minaurum.com
Cautionary Note Regarding Forward Looking Statements: Certain disclosures in this release constitute forward -
looking information. In making the forward-looking statements in this release, Minaurum has applied certain factors
and assumptions that are based on Minaurum’ s current bel iefs as well as assumptions made by and information
currently available to Minaurum. Although Minaurum considers these assumptions to be reasonable based on
information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release
are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from
those expressed or implied in such forward-looking statements. Readers are cautioned not to place undue reliance on
forward-looking statements. Minaurum does not intend, and expressly disclaims any intention or obligation to, update
or revise any forward -looking statements whether as a result of new information, future events or otherwise, except
as required by law.