Vendetta Closes Third and Final Tranche of its Non-Brokered Private Placement
FOR IMMEDIATE RELEASE February 23, 2021
(VTT2021 – NR #3)
Vendetta Closes Third and Final Tranche of its Non-Brokered Private
Placement
Vancouver, BC – February 23, 2021 − Vendetta Mining Corp. (VTT-TSX:V) (“Vendetta” or the
“Company”) is pleased to announce that it has closed the third and final tranche of its previously
announced Private Placement with a total of 10,433,333 units being issued at a price of $0.06 per Unit
for gross proceeds of $625,999.98. 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 9. Together with the
proceeds from the first and second tranche, the Compan y has issued 25,516,868 units for a total of
$1,531,012. 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 financing will be used to advance the development of the Companies 100%
owned Pegmont Lead-Zinc project and general working capital.
No commissions were paid in association with the proceeds of the third and final tranche 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
604-448-7855
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 necessary regulatory approvals for the
Private Placement. However, the forward -looking statements in this release are subj ect 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 inabili ty 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 cautioned not to place
undue reliance on forward -looking statements. The Company does not intend, and expressly disclaim s 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.