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Mirasol Resources completes C$10M rights offering

Mirasol Resources Ltd. said Sept. 29 that it has completed its previously announced 1-for-10 rights offering, raising gross proceeds of C$10 million by issuing 4,166,667 common shares priced at C$2.40 per share.

Mirasol’s cash reserves now stand at about C$27.2 million.

The company will use the proceeds for working capital.