Millennial Announces Private Placement of 5,000,000 Units FOR Proceeds of $2,000,000
#300-1455 Bellevue Ave
West Vancouver BC V7T 1C3
p. 604 662 8184
www.millennialpotash.com
July 21, 2023
MILLENNIAL ANNOUNCES PRIVATE PLACEMENT OF 5,000,000 UNITS
FOR PROCEEDS OF $2,000,000
Millennial Potash Corp. (TSX.V:MLP, OTCQB:MLPNK, FSE: X0D) (“MLP", “Millennial”
or the “Company”) is pleased to announce that it is engaging in a non-brokered private
placement (the "Private Placement") of up to 5,000,000 units (the "Units") at a price of $0.40
per Unit. Each Unit is comprised of one common share and one-half of one share purchase
warrant exercisable at a price of $0.60 per share for a period of two years from the date of
issuance. A commission of seven (7%) percent cash and seven (7%) percent finders warrants
will be payable on a portion of the Private Placement.
Proceeds of the Private Placement will be used to fund the Company's further exploration and
development of its Banio Potash Project as well as for general working capital purposes.
The Private Placement is subject to the approval of the TSX Venture Exchange.
To find out more about Millennial Potash Corp. please contact Investor Relations at (604) 662-
8184 or email at [email protected].
MILLENNIAL POTASH CORP.
“Farhad Abasov”
Chair of the Board of Directors
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy
or accuracy of this release.
This document may contain certain “Forward-Looking Statements” within the meaning of the United States Private
Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release,
the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan” or "planned", “forecast”, "intend", “may”,
“schedule” and similar words or expressions identify forward-looking statements or information. These forward-
looking statements or information may relate to future prices of commodities, accuracy of mineral or resource
exploration activity, reserves or resources, regulatory or government requirements or approvals including approvals
of title and mining rights or licenses and environmental (including land or water use), local community or indigenous
community approvals, the reliability of third party information, continued access to mineral properties or
infrastructure, changes in laws, rules and regulations in Gabon or any other jurisdiction which may impact upon the
Company or its properties or the commercial exploitation of those properties, currency risks including the exchange
rate of USD$ for Cdn$ or CFA or other currencies, fluctuations in the market for potash or potash related products,
changes in exploration costs and government royalties, export policies or taxes in Gabon or any other jurisdiction
and other factors or information. The Company’s current plans, expectations and intentions with respect to
development of its business and of the Banio Potash Project may be impacted by economic uncertainties arising out
of any pandemic or by the impact of current financial and other market conditions on its ability to secure further
financing or funding of the Banio Potash Project. Such statements represent the Company’s current views with respect
to future events and are necessarily based upon a number of assumptions and estimates that, while considered
reasonable by the Company, are inherently subject to significant business, economic, competitive, political,
environmental and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause
results, performance or achievements to be materially different from the results, performance or achievements that
are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does
not assume any obligation, to update these forward-looking statements or information to reflect changes in
assumptions or changes in circumstances or any other events affecting such statements and information other than
as required by applicable laws, rules and regulations.