Each Unit consists of one common share and one common share purchase warrant (a 'Warrant'). Each Warrant can be exercised for a one year period from the Closing Date at
The securities issued pursuant to the private placement are subject to applicable resale restrictions, including a four month hold period from date of closing of the private placement under applicable Canadian securities laws.Net proceeds from the financing will be used to advance the Standby
About the Standby
All geologic, geophysical and drill results to date suggest a Homestake ledge-type target exists at Standby and is potentially of large scale. Mineral Mountain's goal is to extend the
MMV's two previous core drilling campaigns between 2018 and 2020 extended known gold mineralization from the bottom of the historic
Forward looking information
This release contains 'forward-looking information' within the meaning of applicable Canadian securities legislation ('Forward-looking information'). Forward-looking information includes, but is not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as completion of the private placement, future business strategy, competitive strengths, goals, expansion, growth of the Company's businesses, operations, plans and with respect to exploration results, the timing and success of exploration activities generally, permitting time lines, government regulation of exploration and mining operations, environmental risks, title disputes or claims, limitations on insurance coverage, timing and possible outcome of any pending litigation, timing and results of future resource estimates or future economic studies and the ability to raise required capital. Often, but not always, forward-looking information can be identified by the use of words such as 'plans', 'planning', 'planned', 'expects' or 'looking forward', 'does not expect',
Contact:
Vice-President
T: (778) 383-3975
E: bbaker@mineralmtn.com
Website: www.mineralmtn.com
CO:
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