trending Market Intelligence /marketintelligence/en/news-insights/trending/g-1fnlpusw2qilopmj5arq2 content esgSubNav
In This List

Mirasol Resources raises C$8.6M for exploration with oversubscribed placement

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

Blog

Insight Weekly: LNG exports surge; investors unfazed by inflation; neobanks drive VC funding

Blog

Essential Metals Mining Insights November 2021

Blog

[Infographic]: 2021 World Exploration Trends


Mirasol Resources raises C$8.6M for exploration with oversubscribed placement

Mirasol Resources Ltd. said June 8 that its recently reported nonbrokered private placement was oversubscribed to raise gross proceeds of C$8.6 million.

The company outlined plans in early May to raise C$5 million for gold and silver exploration in Argentina and for working capital.

The offering comprised 4,317,750 units priced at C$2 apiece, with each unit comprising 1 common share and half of a warrant. Each whole warrant is exercisable at C$3 per share for 24 months from closing.

Mirasol has 13 gold-silver projects in Santa Cruz, including the Virginia, Nico, Libanesa and Sascha projects and the La Curva and Claudia joint ventures.