Vendetta Closes Second Tranche of its Over Subscribed Non-Brokered Private Placement
FOR IMMEDIATE RELEASE October 25, 2021
(VTT2021 – NR #10)
Vendetta Closes Second Tranche of its Over Subscribed
Non-Brokered Private Placement
Vancouver, BC – October 25, 2021 − Vendetta Mining Corp. (VTT-TSX:V) (“Vendetta” or the
“Company”) is pleased to announce that is has closed the second tranche (the “Second Tranche”) of
its non-brokered private placement. Combined with the first tranche of the private placement a total
of 18,565,440 units were issued at a price of $0.05 per unit for gross proceeds of $ 928,272. Each
Unit comprises of one common share and one half of one common share purchase warrant exercisable
for three years at a price of $0.0 7. All securities issued and issuable under the Private Placement are
subject to a four-month hold period from the date of closing of the Private Placement, in addition to
any other restrictions under applicable law.
Net proceeds from the private placement will be used to advance the development of the Companies
100% owned Pegmont Lead-Zinc project and general working capital.
Fees of $16,295 were paid in association with the first and second tranches of the private placement.
About Vendetta Mining Corp.
Vendetta Mining Corp. is a Canadian junior exploration company engaged in acquiring, exploring,
and developing mineral properties with an emphasis on lead and zinc. It is currently focused on
advancing the Pegmont Lead Zinc project in Australia. Additional information on the Company can
be found at www.vendettaminingcorp.com.
ON BEHALF OF THE BOARD OF DIRECTORS
“Michael Williams”
Michael Williams
President & CEO
604-484-7855
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Information
Certain disclosure in this release, including statements regarding the Private Placement, may constitute
"forward-looking information" within the meaning of Canadian securities legislation. In making the forward-
looking statements in this release, the Company has applied certain factors and assumptions that the Company
believes are reasonable, including that: the Company will obtain the necessa ry regulatory approvals for the
Private Placement. However, 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. Such uncertainties and risks include, among others, delays in
obtaining or inability to obtain required regulatory approvals for the Private Placement, a failure to raise
sufficient funds under the Private Placement on the proposed terms or at all and changes in the Company’s
plans. There can be no assurance that such statements will prove to be accurate, and actual results and future
events could differ materially from those anticipated in such statements. Readers are cauti oned not to place
undue reliance on forward -looking statements. The Company 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.