Murchison Minerals Announces $2 Million Non-Brokered Private Placement
News Release
Murchison Minerals Announces $2 Million Non-Brokered Private
Placement
May 30, 2025 (Burlington, ON): Murchison Minerals Ltd. (“Murchison” or the “Company”) (TSXV:
MUR) is pleased to announce that, subject to all regulatory approvals, it intends to raise up to
$2,000,000 in a non -brokered private placement (the “ Offering”), with the proceeds directed
towards the Company’s 100% -owned BMK project in Saskatchewan , working capital and
administrative expenses.
Pursuant to the Offering, the Company will issue common shares (“CS”) at a price of $0. 30 per
CS and national flow-through common shares (“FTS”) at a price of $0. 36 per FTS, in any
combination to raise aggregate gross proceeds of up to $2,000,000.
A finder’s fee may apply to a portion of the proceeds raised under the Offering in the amount of
6% cash and 6% finders’ warrants. All securities issued pursuant to the Offering will be subject to
a four month hold period from the date of issue.
It is anticipated that Donald K. Johnson, a director and control person of the Company will acquire
a certain number of HDS under the Offering to maintain his current ownership at around 30%. Any
such participation will be considered a “related party transaction” as defined under Multilateral
Instrument 61-101 (“MI 61-101”). It is anticipated that t he transaction will be exempt from the
formal valuation and minority shareholder approval requirements of MI 61 -101 based on a
determination that the securities of the Company are listed on the TSXV and that the fair market
value of the Offering, insofar as it involves interested parties, will not exceed $2,500,000 or 25%
of the market capitalization of the Company. The Offering was approved by all independent
directors of the Company.
About Murchison Minerals Ltd. (TSXV: MUR)
Murchison is a Canadian‐based exploration Company focused on the exploration and
development of the 100% – owned Brabant Lake zinc‐copper‐silver project in north‐central
Saskatchewan and on nickel -copper-cobalt exploration at the 100% – owned HPM Project i n
Quebec.
Additional information about Murchison and its exploration projects can be found on the
Company’s website at www.murchisonminerals.ca . For further information, please contact:
Troy Boisjoli, President and CEO,
Erik H Martin, CFO, or
Justin Lafosse, Director Corporate Development
Tel: (416) 350‐3776
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MURCHISON MINERALS LTD. NEWS RELEASE
Forward‐Looking Information
Certain information set forth in this news release may contain forward -looking information that involves substantial known and unknown risks and
uncertainties. This forward-looking information is subject to numerous risks and uncertainties, certain of whic h are beyond the control of the Company,
including, but not limited to, the impact of general economic conditions, industry conditions, and dependence upon regulatory approvals. FLI herein
includes, but is not limited to: future drill results; stakeholder engagement and relationships; parameters and methods used with respect to the assay
results; the prospects, if any, of the deposits; future prospects at the deposits; and the significance of exploration activi ties and results. FLI is designed
to help you understand management’s current views of its near- and longer-term prospects, and it may not be appropriate for other purposes. FLI by their
nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance
or achievements of the Company to be materially different from any future results, performance or achievements expressed or i mplied by such FLI.
Although the FLI contained in this press release is based upon what management believes, or believed at the time, to be reasonable assumptions, the
Company cannot assure shareholders and prospective purchasers of securities of the Company that actual results will be consis tent with such FLI, as
there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes
responsibility for the accuracy and completeness of any such FLI. Except as required by law, the Company does not undertake, and assumes no
obligation, to update or revise any such FLI contained herein to reflect new events or circumstances, except as may be required by law. Unless otherwise
noted, this press release has been prepared based on information available as of the date of this press release. Accordingly, you should not place undue
reliance on the FLI or information contained herein. Furthermore, should one or more of the risks, uncertainties or other fac tors materialize, or should
underlying assumptions prove incorrect, actual results may vary materially from those described in FLI. Assumptions upon which FLI is based, without
limitation, include: the ability of exploration activities to accurately predict mineralization; the accuracy of geological modelling; the ability of the Company
to complete further exploration activities; the legitimacy of title and property interests in the deposits; the accuracy of key a ssumptions, parameters or
methods used to obtain the assay results; the ability of the Company to obtain required approvals; the re sults of exploration activities; the evolution of
the global economic climate; metal prices; environmental expectations; community and nongovernmental actions; and any impacts of COVID-19 on the
deposits, the Company’s financial position, the Company’s ability to secure required funding, or operations. Risks and uncertainties about the Company’s
business are more fully discussed in the disclosure materials filed with the securities regulatory authorities in Canada, whi ch are available at
www.sedar.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchang e)
accepts responsibility for the adequacy or accuracy of this releas e.