Mirasol Completes Private Placement Financing
NEWS RELEASE
Mirasol Completes Private Placement Financing
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC, June 8, 2018 — Mirasol Resources Ltd. (TSX -V: MRZ, OTCPK: MRZLF ) (the “ Company” or
“Mirasol”) announced that it has completed the non-brokered private placement which was disclosed in a news
release dated May 2, 2018 (the “Offering”). The Offering was over-subscribed and Company has issued 4,317,750
Units (“Units”) at a price of $2.00 per Unit, and received gross proceeds of $8,635,500. Each Unit consists of one
common share and one-half of one non-transferable common share purchase warrant ( each whole warrant, a
“Warrant”). Each Warrant is exercisable into one additional common share of the Company for a period of 24
months from closing at an exercise price of $3.00 per share. All securities issued in connection with the Offering
are subject to a four month hold period which will expire on October 2, 2018 for 3,017,750 securities and October
8, 2018 for the remaining 1,300,000.
Stephen Nano, CEO of Mirasol stated: “We would like to thank our existing shareholders for their continued
support and to welcome the new institutional and retail investors that participated in this placement”.
A substantial portion of the proceeds from the Offering is intended to be used to further explore and test certain
prospective gold and silver projects in Santa Cruz Province Argentina, and the balance will be used for general
working capital.
This news release does not constitute an offer to sell or a solicitation of an of fer to buy any of the securities in
the United States. The 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 may not be offered or sold within
the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities
laws or an exemption from such registration is available.
About Mirasol Resources Ltd:
Mirasol is a premier project generation company that is focused on the discovery and development of profitable
precious metal and copper dep osits. Mirasol employs an integrated generative and on -ground exploration
approach, combining leading -edge technolog ies and experienced exploration geoscientists to maximize the
potential for discovery. Mirasol is in a strong financial position and has a significant portfolio of exploration
projects located within the Tertiary Age Mineral belts of Chile and the Jurassic age Au+Ag district of Santa Cruz
Province Argentina.
For further information, on this raising and the expanded exploration strategy, please contact:
Stephen Nano
President and CEO
or
Jonathan Rosset
Manager of Corporate Development
Tel: +1 (604) 602-9989
Email: [email protected]
Website: www.mirasolresources.com
Forward Looking Statements: The information in this news release contains forward looking statements that are subject to a number of
known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our
forward looking statements. Factors that could cause such d ifferences include: changes in world commodity markets, equity markets,
costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining
industry. Forward -looking statements in this release include statements regarding future exploration programs, operation plans,
geological interpreta tions, mineral tenure issues, mineral recovery processes and the process to complete the private placement .
Although we believe the expectations reflected in o ur forward looking statements are reasonable, results may vary, and we cannot
guarantee future results, levels of activity, performance or achievements. Mirasol disclaims any obligations to update or rev ise any
forward looking statements whether as a result of new information, future events or otherwise, except as may be required by applicable
law.
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