Mirasol Resources Increases Private Placement Financing
NEWS RELEASE
Suite 1150 – 355 Burrard Street, Vancouver, B.C. Canada, V6C 2G8
Tel: +1 604 602 9989 E-mail: [email protected]
www.mirasolresources.com
October 2, 2024
Shares Issued and Outstanding: 69,766,362
TSX-V: MRZ
OTC: MRZLF
Mirasol Resources Increases Private Placement Financing
VANCOUVER, BC, October 2, 2024 — Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the “Company” or
“Mirasol”) today announced that due to strong demand, it has increased its previously announced non-brokered
private placement from 6,666,666 units to 11,111,111 units at a price of $0.45 per unit (the “Placement”). The
aggregate gross proceeds of the offering are expected to be up to $5 million instead of the originally announced
$3 million.
Mirasol’s President and CEO, Tim Heenan, noted: “We are very encouraged by the strong demand for the
Placement. The proceeds will be used primarily to advance the exploration program at the Company’s Sobek
property including drill testing priority targets.”
In all other respects, the terms of the Placement will be as announced on September 25, 2024. The Placement is
expected to close on or about October 25, 2024.
Completion of the Placement is subject to acceptance by the TSX Venture Exchange.
This press release is not an offer of common shares for sale in the United States. The Shares have not been and
will not be registered under the U.S. Securities Act, or any state securities laws.
About Mirasol Resources Ltd
Mirasol is a well-funded exploration company with 20 years of operating, permitting and community relations
experience in the mineral rich regions of Chile and Argentina. Mirasol is currently self-funding exploration at the
flagship Sobek Copper-Gold project located in the Vicuña Copper-Gold-Silver District of northeast Chile and
controls 100% of the high-grade Virginia Silver Deposit in Argentina. Mirasol also continues to advance a strong
pipeline of highly prospective early and mid-stage projects.
For further information, contact:
Tim Heenan, President & CEO
or
Troy Shultz, Vice President Investor Relations
Tel: +1 (604) 602-9989
Email: [email protected]
Website: www.mirasolresources.com
2
Suite 1150 – 355 Burrard Street, Vancouver, B.C. Canada, V6C 2G8
Tel: +1 604 602 9989 E-mail: [email protected]
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 differences include: changes in
world commodity markets, eq uity markets, costs and supply of materials relevant to the mining industry, change in
government and changes to regulations affecting the mining industry and to policies linked to pandemics, social and
environmental related matters. Forward-looking statements in this release include statements regarding future exploration
programs, operation plans, geological interpretations, mineral tenure issues and mineral recovery processes. Although we
believe the expectations reflected in our forward -looking statemen ts are reasonable, results may vary, and we cannot
guarantee future results, levels of activity, performance or achievements. Mirasol disclaims any obligations to update or
revise any forward-looking statements whether as a result of new information, futur e 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.